Direct Tax Alerts
New form for claiming TDS deducted in subsequent years
Tax payers can now claim TDS credit for income that has been declared in their income tax returns (ITRs) for a previous assessment year, but the tax was deducted at source (TDS) in a subsequent financial year. Link to the notification.
Indirect Tax Alerts
Exemption from filing GST Annual Return
Registered persons with aggregate turnover of up to Rs. 2 crores in the financial year 2022-23 have been exempted from filing of annual return in Form GSTR-9. Notification No. 32/2013-CT dt. 31.07.2023
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