Under the Central Goods and Services Tax (CGST) Act, the department has the power to recover dues from a defaulter. However, the law is clear: they can only attach assets that belong to the person who owes the tax. Since you are the owner and the tenant is merely a “permissive occupier,” your bricks and … Read more
To fill out Form No. 95—which is typically used in the context of the Indian Income Tax Department for requesting a “Refund of Tax” or “Exemption from Tax” under specific sections (often related to non-residents or specific trust scenarios)—you need to be precise. Here is a step-by-step guide to help you navigate the form without … Read more
If you are an Indian citizen looking to apply for a Permanent Account Number, you must use the updated FORM NO. 93. This form is governed by Rule 158 of the Income-tax Rules and is the standard application for the allotment of a new PAN. Key Details of Form No. 93 Important Filling Instructions To … Read more
For decades, if you were an international investor looking to enter the Indian market, two names dominated the conversation: Singapore and Mauritius. These two nations have acted as the primary gateways for Foreign Direct Investment (FDI) into India, largely due to their favorable Double Taxation Avoidance Agreements (DTAA). But as global tax laws evolve in … Read more
Discover the top 10 GST accounting software’s in India for 2026. This in-depth guide provides a comprehensive comparison, pricing details, and key features to help you choose the best solution for your business, ensuring seamless GST compliance and efficient financial management. The Goods and Services Tax (GST) regime, implemented in India in 2017, revolutionized the … Read more
Worried about a GST audit? This comprehensive compliance checklist for small businesses breaks down the top audit triggers and provides actionable steps for accurate invoicing, timely filing, and seamless ITC reconciliation to stay penalty-free. A Goods and Services Tax (GST) audit can be a daunting prospect for any small business owner. It’s time-consuming, document-intensive, and … Read more