GST legislation has been in place from 1 July 2017. The GST council has fitted over 1300 goods and 500 services under four tax slabs of 5%, 12%, 18%, and 28% under GST.
As per section 32 of the Income Tax Act, 1961, depreciation is allowed on tangible assets and intangible assets owned, wholly or partly, by the assessee and used for the purposes of business or profession.
TCS on Goods u/s 206C (1H) is applicable w.e.f 1st Oct. 2020. Let us decode the provision.
After the recent amendment to the Indian Trust Act in 2017, co-operative societies can invest in specified mutual funds.
This article is in continuation of our previous article on Significant Beneficial Ownership which explains this new concept.
The Professional Development Committee has hosted the Multipurpose Empanelment Form for 2020-21. The key highlights of the same are stated.
The concept of Significant Beneficial Ownership is brought by the Ministry of Corporate Affairs ("MCA") to identify those individuals who indirectly control or exercise significant shareholding in the Company through layers of artificial entities like Companies or LLPs.
Critical analysis of the Consultation Paper submitted by SEBI with regard to recommendations on proposed amendments to SEBI (LODR) Regulations, 2015
The Lok Sabha on Saturday i.e. 19th September 2020 passed a bill to further amend the Companies Act and decriminalize various compoundable offenses as well as promote ease of doing business in the country.
How to reconcile GTR2B with Purchase Register
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
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