A penalty of Rs 500 per day will be imposed if TDS returns are not filed. Earlier, the penalty was anywhere between Rs 10,000 and Rs 1 lakh,” said income tax matters expert and CA Manish Dafria on ...

Businesses expecting to be among the biggest beneficiaries of the GST pause struggled, too. Hobby, toy and game stores saw a ...

Noted that, Section 67 of the CGST Act requires previous authorization from the competent authority before any officer of the ...