That said, Filmora doesn't provide quite as much fine control as our Editors' Choice winners for the category, Adobe Premiere ...

FICCI and Assocham urge the finance ministry to allow Input Tax Credit (ITC) for real estate developers on commercial assets ...

The Directorate General of GST Intelligence (DGGI) has unearthed fraudulent Input Tax Credit (ITC) transactions amounting to ₹1,196 crore by exposing a network of bogus companies and arrested a ...

Industry bodies FICCI and Assocham have urged the finance ministry to allow input tax credit (ITC) for real estate developers ...

Thus, it is important for taxpayers to adequately substantiate their claims for input tax credits and comply within the prescribed time limits set by the Bureau of Internal Revenue (BIR), which ...

The Directorate General of GST Intelligence (DGGI) has busted an allegedly bogus Input Tax Credit (ITC) claims fraud of Rs 1,196 crore following raids at multiple locations in Pune, Delhi ...

The investigation has revealed a sophisticated network of bogus companies engaged in fraudulent Input Tax Credit (ITC) transactions, reported PTI quoting DGGI Pune Zonal Unit. The authorities have ...

The case pertains to Section 17(5) of the GST Act which limits the eligibility for Input Tax Credit (ITC) for any item listed under the section. Read more on the proposed amendment here.

have arrested a person after discovering that he had availed himself of fake input tax credit to the tune of ₹227 crore. He had passed on a substantial amount of the fake input tax credit to his ...

On the tax front, restaurateurs seek restoration of input tax credit and other tax concessions. Input tax credit (ITC) refers to the GST (goods and services tax) paid on the purchase of goods and ...

A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments when issuing a credit note. This change aims to prevent revenue leakage ...