GST e-invoicing turnover threshold reduced to Rs. 20 Crores from Rs. 50 crores.
Now, GST e-invoicing mandatory if turnover exceeds Rs. 20 Crores instead of Rs. 50 crores w.e.f. 01.04.2022.
CBIC has issued Notification No. 01/2022 –Central Tax dated 24.02.2022 lowering the turnover threshold for issue of GST e-invoice to Rs. 20 crores from Rs. 50 crores with effect from 1st April 2022.
Earlier the turnover threshold for GST e-invoicing was lowered to Rs. 50 Crores from Rs. 100 crores.
CBDT has extended the due date for furnishing Return of Income for Assessment Year 2026-27 (FY 2025-26) in respect of…
Denying the accumulation of u/s 11(2) merely on grounds of a procedural delay in filing Form No. 10 is unsustainable…
Engagement of 05 Young Professionals CAs in the Office of Central Registrar of Cooperative Society on contractual basis The office…
Immunity u/s 270AA(2) in respect of a single transaction can not be denied to one assessee when the penalty was…
ITAT deleted addition u/s 69A towards jewellery found in search in view of Indian traditions, CBDT Instruction and High Court…
Documents obtained post search and information obtained from the public domain not incriminating material. Documents obtained by AO post search…