As per the provisions of section 75 of the Limited Liability Partnership Act, 200
'Welcome to the New Era of 'Faceless', 'Jurisdiction-less', and hopefully 'Corruption-less' E-assessments.' In this article you will get valuable and informative insights on the difference between e-assessment and regular assessment, the benefits as well as the challenges that e-assesment will face.
Taxpayers have reported some issues in filing their Form GSTR 9/9C, which are clarified below: (A) Relating to Annual Return Form GSTR 9: 1. Auto-po...
This article is intended to make you understand the major impact both in terms of advantages and disadvantages of the adoption of Converged IFRS i.e Indian Accounting standards (Ind AS) on the financial statements and the working of the companies both.
The Ministry of Corporate Affairs/the Central Government, vide its notification dated October 22, 2019, has amended the Companies (Appointment and Qualification of Directors) Rules, 2014. Know all the requirements that one needs to fulfill as an independent director.
Know all about the provisions related to the rotation of the statutory auditor- meaning of appointment, term of rotation, cooling period, the applicability of rotation, etc.
Recent instances in Indian Share market raise concerns on the safety of one's investments & exposes the lack of governance & lack credibility of Promoters. This article shares the two unfortunate recent Instances witnessed adversely affecting the interests of investors & needless to say shaking their confidence levels.
GST law was supposed to Simply the Indirect Tax Practice & Compliance thereof. But the same seems to be nightmare. Annual GSTR 9 format introduced by GST Au...
Where a limited liability partnership is not carrying on any business or operation for
Input Tax Credit restriction - Rule 36(4) of CGST Rules, 2017 inserted vide Notification No. 49/2019 dated 09th Oct, 2019 was made applicable w.e.f. 09th Oct, 2019. This article explains the ITC restrictions imposed through this rule with valid examples.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English