GST registration is a critical requirement for businesses in India. However, one challenge that businesses often face is the cancellation of their GST registration due to issues arising from physical verification. This problem can stem from a variety of factors, including failure to follow the proper procedure outlined in Rule 25 of the 2017 CGST...
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Women Leading the Way: The Rise of Chartered Accountants
The landscape of Chartered Accountancy in India is experiencing a remarkable evolution. Once dominated by men, the profession now sees women taking center stage, comprising a substantial portion of its practitioners. Recent data indicates that every third Chartered Accountant in the country now being a woman—a stark rise from the mere 8% recorded in 2000....
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Key Updates in Latest Income Tax Return (ITR) Forms for FY 2023-24
The Income Tax Return (ITR) forms for the fiscal year 2023-24 have undergone significant revisions, impacting taxpayers across various categories. From filing deadlines to taxation updates, these changes demand attention and understanding. This article delves into the alterations in ITR Forms 2, 3, 5, and 6, offering a comprehensive analysis of each modification. Here are...
Read moreKey Updates in Latest Income Tax Return (ITR) Forms for FY 2023-24