GST E-invoicing limit reduced from Rs 50 crore to 20 crore with effect from 1st April 2022.

By: CA Sunil Kumar Gupta

The copy of the order is as under: THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(1)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND...

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Non filing of return of income under section 139(1) & validity of refusal of deduction under section 80-IC

By: CA Sunil Kumar Gupta

Short Overview  As per section 80AC, which is very much clear and unambiguous in its expression, for claiming deduction under section 80-IB(10), it is a mandatory requirement that assessee must...

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