The Taxation Laws (Amendment) Bill, 2019 which has been passed by the Parliament will replace the Taxation Laws (Amendment) Ordinance, 2019 (the "Ordinance") promulgated by the President on 20th September 2019 to reduce corporate tax rates and enhanced surcharge on certain incomes by amending the Income Tax Act 1961 and Finance (No. 2) Act, 2019. Here is an analysis of the same.
Brief facts about the case Gabs Investments Private Limited ('GIPL')
MCA has made amendments under Schedule III has made amendments and introduced Companies(Furnishing of information about the payment to micro and small enterprise suppliers)Order 2019 thereby notified filing of Form MSME-1.
In this article, we will discuss the major updates from the Finance and Tax Industry between 26th December 2020 and 2nd January 2021.
�DISPUTE RESOLUTION COUNCIL� UNDER GSTWith the growth of digital economy a person concentrates his business activities not only in a particular State but spreads it throughout the country and even beyond that. Simultaneously, rapid impro
House Rent Allowance (HRA) is an allowance employers provide to cover the expenses of rented housing for employees. The Income-tax Act allows for an exemption on HRA if an employee resides in a rented house. Additionally, the Act permits a deduction on the interest paid by an individual taxpayer on a home loan.
On 27th March 2019, the National Security Advisor (NSA) of India Ajit Doval gave an interview on Lok Sabha TV, Talking Time Show. Ajit Doval discussed on decision making.
It was 13th March, I got a call from one of my friends, Subroto, if I can manage to visit
Tax Planning while setting up of a business with reference to the Nature of business related with AY 2021-2022, AY 2022-2023 and AY 2023-2024. An analysis of Eight important Deductions as per the Income Tax Act.
[This article appeared in “Service Tax Today” Volume 14 Part 1 Page No. 1 dt. 2-5-2008] (Part 2 of a series of 3 Articles) Extension of Service Tax to Information Technology Sector – Trapping the Golden Eggs- II by CA. Pradip R Shah
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English