In exercise of the powers conferred by sub-rule (4) of rule 48, the Government has reduced the E-invoicing threshold limit from INR 50 crores to INR 20 crores w.e.f. 01.04.2022.CBIC for turnover of Rs. 20 crore has notified that E-invoicing will be mandatory for aggregate threshold limit of Rs. 20…

Every registered person shall display his certificate of registration in a prominent location at his principal place of business and at every additional place or places of business. Every registered person shall display his Goods and Services Tax Identification Number on the name board exhibited at the entry of his…

Itax Update-Section 2(22)(e) i.e. Deemed Dividend would not be applicable where assessee availed unsecured loan from its group company which was paid back with interest in same year. held by High Court of Calcutta in the case of Principal Commissioner of Income-tax Vs. Suprabha Industries Ltd