GST is applicable only if transactions constitute the supply. If there is no supply, no GST will be charged. Let us understand the GST implication on lease and sale of motor vehicles.
This blog is not meant to capture the facts discussed in the book - so if I tweak them slightly because I learnt something else from it, please don’t hold me for it. Also, your learnings may differ from mine
The companies are in dilemma that the there is ongoing process of adoption of IND-AS, however the current ICDS is based on the basis of Accounting Standards.
The Ministry of Corporate Affairs vide notification dated March 24, 2021 issued the Companies (Audit and Auditors) Amendment Rules, 2021 which made various changes in Rule 11 of the Companies (Audit and Auditors) Rules, 2014.
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015.Notified rules are: Short Title and commencement. Definition. Fair Market Value. Tax Authorities. Notice of demand. Appeal to Commissioner(Appeals) Appeal to Appel
In this article, we will discuss the major updates from the Finance and Tax Industry between 19th December and 26th December 2020
SAFE stands for "Simple Agreement for Future Equity", and SAFE notes are a form of convertible security issued by very early start-ups to raise funds in their initial seed stage from individual angel investors.
GST Audit is verification of the original records, returns and other documents kept with the taxpayer at the business premises (including all Additional Place of business) and correlating them with the information furnished by the taxpayer on the GST Portal
The one who in the matter of style. Swim with the current,In the matter Principle stands like a rock....Profession where a student fall innumerble no of times l..
Input Tax Credit Mechanism is available to you when you are registered as a Taxpayer under the GST Act whether you are a Manufacturer, Supplier, Agent, or E-Commerce Operator etc.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English