CBDT vide circular no. 6 of 2023 has provided various relief to charitable trust. Certain due dates has been extended, and various other relief has been provided where trusts were facing genuine hardship. The circular also clarified the various issues regarding the pending and / or rejected application for registration of trust. Brief of the …
A significant announcement has been made by Reserve Bank of India (RBI) that circulation of 2000 rupee note shall be discontinued. Banks will no longer issue 2000 rupee notes. Although 2000 rupee note shall continue to be legal tender, its circulation has been discontinued. It is important to understand that it is not demonetization of …
FAQs on Rs. 2000 Note Withdrawal from Circulation Read More »
Central Board of Indirect Tax and Customs has reduced the limit of turnover from existing 10 Crore to 5 Crore for applicability of e invoicing. Notification no. 10/2013 – Central Tax, Dated 10th May 2023 has been issued in this regard. The limit of turnover of Rs. 5 Crore shall be applicable with effect from …
Limit of turnover for E Invoicing reduced to 5 Crore Read More »