Non Convertible Debentures are those instruments that are issued by corporates having a fixed maturity period and carrying the fixed coupon/interest rate against the principal.
CBIC has introduced a new rule 86B under Goods and Services Tax which restricts the use of input tax credit for discharging liability to 99%. The Rule is effective from 01st January 2021.
There are a number of deductions available under various sections that will bring down your taxable income. In this article, we have discussed some deductions under chapter VIA that a taxpayer can claim.
One Person Company and Sole Proprietorship – Sounds one and the same thing, right? However, there are a ton of differences between them. Let us discuss the same.
As per Section 77, a Form for creation or modification of Charge can be filed within 120 days from the creation of charge with an additional fee and/or ad valorem fee. However, MCA has provided relaxation regarding the same.
DigiLocker is a cloud-based platform where the user can access a wide range of government documents issued and verified digitally by the department concerned.
Every person undertakes Karma for some purpose depending on his or her needs and aspirations and while undertaking the Karma, he or she expects a favourable result also.
The verification of a Bank Reconciliation Statement is to be done in all types of audit and is considered a basic task to be carried out by the auditors.
In India an SME exchange functions within a recognized stock exchange or the main exchange such as the BSE Limited and the National Stock Exchange of India.
The Guidelines provide necessary instructions for the appointment of SCAs/SAs, the number of auditors, their eligibility criteria, tenure and rotation as well as norms for ensuring the independence of auditors.
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