If Statutory Audit is exempted then there will be no check on business transactions and such exemption will lead to an emergence of spurious companies within MSMCs.
A lot of you would be watching these so-called motivational videos and probably feel a lot pump when you watch them. But how long does that last? Ever given a thought? 1 hour or maybe a little more.
Section 115QA provides that a domestic company distributing its income through buy back of shares will have to pay income tax/distribution tax @20% (surcharge @12% and education chess @4%).
Just because it looks similar or sounds similar, does not mean it's the same. One has to go deeper before investing their hard earned money. If you are not an expert in it, get professional guidance.
A Special Economic Zone (SEZ) is a zone wherein businesses enjoy simpler tax and easier legal difficulties. It is located in a country’s national borders only, but they are treated as foreign territory for tax purpose.
CBIC has further amended Notification No. 11/2017-Central Tax (Rate) dated June 28, 2017 ("Services rate notification"), in order to adhere to the recommendations of the 45th GST Council Meeting.
CBIC has further amended Notification No. 01/2017-Central Tax (Rate) dated June 28, 2017, as amended from time to time, in order to adhere to the recommendations of the 45th GST Council Meeting.
Compliances of Newly incorporated Private Limited includes First Meeting, Opening of Bank Account, Registered Official Address, Preparation of Letterheads, Seal etc. and Auditor Appointment etc.
Sharing some learnings with all the students who are preparing for any competitive exams, be it CA/CS/CWA/CSE. There is a certain style of working, which you must implement in the paper.
These lessons by Gandhi Ji are your sign on this Gandhi Jayanti to reflect and learn to lead a better and more meaningful life as a student. Happy Gandhi Jayanti to one and all!
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