The CBIC has issued clarification with respect to several issued related to refund of excess balance in cash ledger such as time limit for filing application, refund of TDS/TCS balance in cash ledger, requirement of certificate etc.
Source: taxmann.com
Latest Posts in "India"
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System
- GST: India’s Grand Federal Bargain Becomes Imperfect Political Compromise After Eight Years
- GST 2.0 Boosts Bengal’s Economy with Rate Cuts on Local Goods and Industries