Tag Archives: #LegalComplications

Risk in taking GST on home address: Is there any risk in taking GST on home address?

Risk in taking GST on home address There is no inherent risk in taking GST registration on a home address. Before taking GST registration on a home address, certain factors must be considered. For more information visit this site: https://www.gst.gov.in/ Firstly, it is important to ensure that the residential premises is a suitable place of business,… Read More »

What is gst non compliance?

GST Non Compliance   GST Non Compliance, refers to the failure of a registered taxpayer to fulfil the requirements and obligations as prescribed by the Goods and Services Tax (GST) laws and regulations. Non-registration: Failing to register for GST when required by law, either due to not meeting the threshold for registration or intentionally avoiding… Read More »

What if I do not pay my income tax?

What if I do not pay my income tax If you do not pay your income tax, it will be considered as taxes evasion, which is a serious offense under the Income Tax Act in India. If the Income Tax Department finds out about the non-payment of tax, it can take various legal actions against… Read More »