Articles by Sandeep Rawat

Why NSIC- Single point registration Scheme for MSMEs?

Sandeep Rawat 26 August 2020 at 10:09

The Micro & Small Enterprises shall apply on the prescribed application form (in duplicate) along-with requisite fee and documents to the Zonal/Branch/Sub Branch and Sub Office/Extension office of NSIC

Need ISO 9001 2015 Certification For Business

Sandeep Rawat 24 July 2020 at 13:07

The ISO 9001 is known to be one of the top standards for quality management systems and recognized globally for its efficiency with businesses.

Income Tax planning for school

Sandeep Rawat 16 July 2020 at 09:54

Income received by any university or educational institution existing solely for educational purposes and not for purposes of profit, and which is wholly or substantially financed by the Government is fully exempt from tax

Prohibited use or application of income or property of Charitable trust

Sandeep Rawat 27 June 2020 at 18:50

Prohibited use or application of income or property Of Charitable trust

RCM: Time Of Supply With Practical Points

Sandeep Rawat 27 June 2020 at 10:32

Reverse charge means the liability to pay tax is on the recipient of supply of goods or services instead of the supplier of such goods or services in respect of notified categories of supply.

Permissible mode in which charitable trust / institution can deposit its receipt

Sandeep Rawat 18 May 2020 at 10:40

Permissible mode in which charitable trust / institution can deposit its receipt

Checklist and procedure for registration u/s 12A and 80G of Income Tax Act

Sandeep Rawat 05 May 2020 at 10:04

Section 10(23C) exempts income received by any person on behalf of the university, or other educational institution or any hospital. Section 11 provides an exemption in respect of income derived from property held under trust wholly for charitable or religious purposes.The prior requirement for getting registration under section 80G is obtaining registration under Section 12A

Changes in NGO registration under Income Tax

Sandeep Rawat 05 May 2020 at 10:04

It may be mentioned that certain provisions of the Act provide that an exempt entity may accept donations or certain sum for utilisation towards their objects or activities in respect of which the payer, being the donor, gets deduction in computation of his income.

Relief provided by Regulatory Authorities relevant till 30 June due to COVID 19

Sandeep Rawat 04 May 2020 at 16:55

Relief provided by Regulatory Authorities relevant till 30 June due to COVID 19

MSME registration - Benefits for all enterprise

Sandeep Rawat 04 May 2020 at 16:55

he MSME registration has no statutory basis. Enterprise would normally get registered to avail some benefits, incentives or support given either by the central or state govt.