As evident from revised draft, the definitions of the input goods, capital goods and input services have undergone a major change or let's say, it has been simplified to the maximum extent possible.
Secretarial audit defined under Companies Act, 2013. It is Compliance of various applicable laws under companies act or any other act, rules, regulation and Procedure.
8 must have legal agreements to be done by new businesses / start ups
Major differences Between Excise Duty and GST
Several of our readers requested to have clarity on Hedge Accounting, However it will indeed be a very long topic hence from now onwards, we will start taking t..
In this article I provide you with 10 excel functions that you can use in different situations to make your task of rounding of numbers in Excel easier.
There will be a change in Valuation Mechanism relating to valuation of unquoted equity shares for the purposes of section 56 and section 50CA of the Income-tax Act, 1961 as per Draft rules issued by CBDT.
There has been a long history of litigation on the issue of classification of works contract activities that whether it is to be considered a service or to be t..
Initiator could be a person or a group of persons who takes the responsibility to initiate and establish a producer company. Further, initiator could also be one of the promoters6 of the company.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English