Articles by CA Vivek chaudhary

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

Posted by CA Vivek chaudhary 01 May 2021 34262 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

Direct and Indirect Tax Reforms in Budget 2020

Posted by CA Vivek chaudhary 01 August 2020 6528 Views

Direct and Indirect Tax Reforms in Budget 2020

File ITR and GST return due date extended

Posted by CA Vivek chaudhary 08 April 2020 5465 Views

The due date to file Income Tax Return for FY 18-19 has been extended to the 30th June 2020 and the due date to file GSTR-3B due in the month of March, April, and May has also been extended to the 30th June 2020. The due date for filing GST Annual Return for the FY 18-19 has also been extended to the 30th June 2020

A complete Understanding of the term "Supply" under GST

Posted by CA Vivek chaudhary 30 March 2020 11559 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 31353 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 43941 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 11347 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 52605 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 34316 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 32687 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