No bank shall open current accounts for customers who have availed credit facilities in the form of cash credit/ overdraft from the banking system and all transactions shall be routed through the CC/OD account.
There are different types of ITRs. The persons falling under those categories shall file the return in the respective ITR. Let us discuss the ITRs 1 to 7 in this article, for AY 2021.22.
CGST, SGST, IGST, dual system, dual control
By 31st October 2020 the faceless assessment process will be implemented in all the custom ports under the next generational Turant Customs programme
Protect Yourself From Unnecessary Tax Loss Today!!Taxes are important and should be paid. They are the money that we pay to the government so that the government can serve us better. However, payment of taxes is a complicated problem. There can aris
The Ministry of Corporate Affairs has notified an amendment in the Companies (Specification of Definitions Details) Rules, 2014 that come into force from 15th September, 2022. The Amendment has been introduced to provide ease of doing business and to reduce the burden of compliance from a large number of companies as the definition has been widened to cover more companies.
Nidhi Company performs lending and borrowing of money job with its members. This is done for the mutual benefits of all the members of the Nidhi company. It promotes saving and utilization of its funds within its members.
69(1) Where the Commissioner has reasons to believe that a person has committed any offence specified in clause (a) or clause (b) or clause (c) or clause (d) of sub-section (1) of section 132 which is punishable under clause (i) or (ii) of sub-section (1), or sub- section (2) of the said section, he may, by order, authorise any officer of central tax to arrest such person.
This is a part of the series of articles to understand the model law. The understanding of the definitions of terms being important is being discussed in the ea...
The fact that online money transfer has simplified our lives largely cannot be denied at all. When online money transfer first came into light, it eliminated the need to make cheques and send it to another part of the world through postal services, c
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English