While drafting a reply: Mention relevant provisions of the CGST Act and rules. Provide a detailed reconciliation statement. Include supporting documents, such as invoices and payment proofs. For ...
Ahmedabad: In a significant development for small taxpayers under the composition scheme, the Central Board of Indirect Taxes and Customs (CBIC) elimi.
Prior to Union Budget 2025, stakeholders from the travel and hospitality sector put forth their demands and expectations from ...
Liquidity challenges under the GST framework are another bottleneck. Ramesh Bafna, CFO at Zepto, recommended reforms to ...
On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...
The Inflation Reduction Act of 2022 introduced the Code Section 45Y production tax credit (CEPTC) for facilities that generate clean electricity ...
The government has announced waiver of late fees for filing GSTR-9C for FY 2017-18, FY 2018-19, FY 2019-20, FY 2020-21, FY ...
With President Donald Trump’s return to the White House, there may be some changes made to the child tax credit. Under the 2017 Tax Cuts and Jobs Act, the child tax credit has been capped at $ ...
(NEXSTAR) – President Trump has returned to the White House, and with tax season just days away some Americans may be wondering how the 47th president’s administration might affect their child ...
The credit can be claimed for each qualifying child who has a Social Security number that is valid for employment in the United States. Be under 17 at the end of the tax year. Be a daughter ...