The CBDT is mounted with a herculean task of resolving the conflicts in tax law vis--vis the new born Ind AS which is set to hit the Indian economy with a flurry of technical standards. Challenges inh
The Hon. Finance Minister presented his budget 2016 on 29.02.2016.The budget can be categorized as;a) Major Steps i.e. bold initiatives.b) Continuance Steps with some changes.c) Minor Steps like cosmetic or announcement purpose.d) Failed Steps Uncall
GSTR 9 is an annual return to be filed yearly by taxpayers registered under GST.
SERVICE TAX:New Services has been levied on following services: Transportation of goods through Railways, including government railways. Transport of coastal goods, and transport through inland waters. Legal Consultancy Services, except services
Background The Ministry of Corporate Affairs (MCA) has notified the provisions governing valuation by registered valuers [section 247 of the Companies Act, 2013
Tax Rates Tax rate for firms, LLP and companies remain the same as per last year's budget. • However surcharge in the case of domestic company gets reduced from existing 10% to 7.50% for the Financial Year 2010-2011. &bu
Investor or Trader?According to Central Board of Direct Taxes(CBDT): Investor: anyone who invests with the intention of earning through dividends Trader: anyone who buys and sells with the intention of profiting from
Our legal system is one of the most inefficient in the world is not a secret, with bottom ranking on contract enforceability in ease of doing business index. Even CJIs have been record predicting complete breakdown of our legal system since time imme
A new section 80EEB was inserted from AY 2020-21 to claim an exemption on the interest portion of the loan taken to purchase an electric vehicle.
Laws Reward SolutionsTN VAT - Works Contracts � Tax disputes � Appeal Process. and Consequences of Form O & RR not issued by AOThe readers may peruse the content in other article(s) on caption(s) �Taxation of works contracts und
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English