Articles by CA Vivek chaudhary

Related Party Transactions | Sec 188 of the Companies Act, 2013

Posted by CA Vivek chaudhary 01 May 2021 34273 Views

Related Party Transactions Section-188 of the Companies Act, 2013 A Concise Comparison:- Section 188 of the Companies Act, 2013 replaces the section 297 of the Companies Act,1957. Under Companies Act, 1957 , if any transaction is covered under se

Budget 2020 Tax Reforms: Direct & Indirect Changes

Posted by CA Vivek chaudhary 01 August 2020 6529 Views

Explore the key direct and indirect tax reforms introduced in Budget 2020. Discover new tax slabs, abolished exemptions, and changes to customs duties.

ITR & GST Due Dates Extended to 30th June

Posted by CA Vivek chaudhary 08 April 2020 5467 Views

Find out if your ITR and GST filing deadlines have been extended. Key dates for FY18-19 and more are now 30th June 2020. Learn more!

A complete Understanding of the term "Supply" under GST

Posted by CA Vivek chaudhary 30 March 2020 11564 Views

Supply is considered as taxable event under GST. If a particular activity is not considered as supply then the activity is out from the purview of GST which means GST will not be applicable on such transaction.

A complete understanding of Place Of Supply(POS) Under GST

Posted by CA Vivek chaudhary 15 October 2019 31364 Views

Understanding of Place of Supply is imperative to decide whether a particular transaction is inter-state or a intra state transaction. If we identify a particular transaction as inter or intra state then we have to charge CGST & SGST/UTGST in case of intrastate transaction and IGST in case of Inter-state transaction otherwise than any exemption is available.

A Complete Understanding Of Input Tax Credit Under GST

Posted by CA Vivek chaudhary 25 September 2019 43945 Views

What is Input Tax Credit(ITC): ITC means deducting the tax paid on Inputs and Inputs Services from the tax payable on final output.

Mandatory Requirement of Quoting of PAN

Posted by CA Vivek chaudhary 11 January 2016 11351 Views

The Government is committed to curbing the circulation of black money and widening of tax base. Where the transactions exceeds the specified limit the income tax rules required quoting of Permanent Account Number (PAN) to collect information of certa

Annual return on FLA

Posted by CA Vivek chaudhary 11 August 2015 52629 Views

Annual Return on FLA Introduction:FLA stands for foreign liabilities and assets. The filing of annual return on foreign liabilities and assets has been notified under Foreign Exchange and Management Act, 1999. It is mandatory for all Indian resident

Benefits of GST to manufacturer and traders

Posted by CA Vivek chaudhary 16 January 2015 34322 Views

(ONE INDIA ONE MARKET)On continuation of my last article on Goods And Services Tax I want to give further explanation about the benefits of Goods And Services Tax&r

Goods And Services Tax

Posted by CA Vivek chaudhary 07 January 2015 32694 Views

Goods and services tax (The major tax reform since independence)• OVERVIEWOF GST:This is one of the major taxation reforms in Indian taxation system.GST is set to integrate all state economies and increase the overall growth of the country.GST wi