New Delhi: The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive. The Central Board of Indirect Taxes and Customs (CBIC) ...

Learn how a GST calculator helps businesses improve invoice accuracy, reduce tax calculation errors, and simplify GST billing and reconciliation processes.

The article explains how mandatory IMS and the Zero-Mismatch Policy require taxpayers to verify invoices before claiming ITC, making monthly reconciliation essential to protect tax ...

Courts held that Section 62 best judgment assessments lose effect once valid returns are filed and tax dues are paid, requiring the department to follow regular ...

The American Institute of CPAs asked officials in the Treasury Department and the Internal Revenue Service for changes in the final regulations governing generation-skipping transfer tax exemptions.