No Penalty if eway bill generated with clerical error
In the case of M/S Indeutsch Industries Private Limited V. State of UP, the Allahabad High Court Passed its judgement on 02 Feb 2024 that...
How to do Invoice ageing for Sec 43B(h) in Excel ?
Section 43B(h) of Income Tax Act 1961 provides that any sum payable to micor or small enterprise must be paid within 45 days (prescribed...
ITC not allowed to Purchaser if Seller defaults in GST Filing
The Patna High court in the following case has clearly passed the decree that ITC not allowed to purchaser if seller defaults in GST...
Good News ! for MSMEs by RBI Tred Guidelines
To ease constraints faced by Micro, Small and Medium Enterprises (MSMEs) in converting their trade receivables to liquid funds, the...
Invest in Tax Free Sovereign Gold Bonds 2023-24 Scheme by RBI
Sovereign Gold Bonds (SGBs) are government securities denominated in grams of gold. They are substitutes for holding physical gold....