Slump-Sale is the sale of an undertaking as a going concern for a single consideration. In this article, we will discuss the implication of tax in slump-sale as far as GST is concerned.
Keeping in view this situation, many Chartered Accountants and Professionals have appealed to the Government to extend the Return filing and tax compliances dates for the month of April-2021.
Managerial personnel includes directors, managing directors, whole-time directors, managers etc. Managerial remuneration in simple words is the remuneration paid to managerial personals.
The XBRL information can be utilized by the individual financial backers for doing their own examination instead of utilizing outsider speculation warning help...
GST is applicable only if transactions constitute the supply. If there is no supply, no GST will be charged. Let us understand the GST implication on lease and sale of motor vehicles.
By notifying amendments to Section 135 of the Companies Act, 2013 and to the Rules pertaining to CSR right at the fag-end of the FY 2020-21, i.e., from January 22, 2021, MCA has set the cat among the pigeons.
The government though has offered lowered tax rates on one hand but has also taken away certain deductions and allowances on the other hand. So taxpayers will have to choose accordingly.
Form 15CA is a declaration of remitter used as a tool for collecting information in respect of payments that are chargeable to tax in the hands of the recipient NRI. Form 15CB is a kind of certification regarding rates and the right kind of tax paid by you.
Only essential services will be allowed during the lockdown, however, the movement of individuals will be allowed only with the possession of an e-pass. Discussing the process of the same in this article.
People who advised me to leave this course now look at me with respect. With these two letters 'CA', I achieved my purpose of joining this course, which is RESPECT.
"Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
