Tabular Presentation of some of the most asked questions regarding TCS on goods u/s 206C (1H) w.e.f 1st October 2020.
Simple answer is to mitigate all expected losses or adverse effect on fair values of any balance sheet items (e.g. Investments etc) or an effect on Profit/Loss ..
Digital Transformation of Indian Tax Administration: CBDT's 'Faceless e-Assessments' & CBIC's 'e-Invoicing'
GST registration is mandatory for all individuals and businesses in India that offer products or services. GST registration is necessary when the entire cost of delivering items exceeds Rs. 40 lakh.
There were a lot of practical difficulties which were faced by individuals and professionals. However, CBDT has published two notifications that give clarity regarding the meaning of a specified bank and form of declaration.
Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme Launched and has come into effect from 1st January 2021. This scheme will replace the existing MEIS scheme.
The Central Board of Excise and Customs (�CBEC� or �the Board�) vide various Circulars/Instructions had laid down simplified procedur
Section 171 of CGST act is the only section that quotes the word "anti-profiteering" in the CGST act.
MCA Commencement Notification of Companies(Amendment) Act, 2019Ministry of Corporate Affairs (MCA) has vide its Commencment Notificaition dated 14.08.2019, app..
Recently Ministry of Corporate Affairs has come out with Companies (Auditor's Report) Order, 2020; along with the increase in the scope of many clauses and insertion of new clauses, there is also deletion of an existing clause.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English