Clarifications regarding levy of GST on accommodation services, betting and gambling in casinos, horse racing, admission to cinema, homestays, printing, legal s...
Maharashtra State Budget was presented by Deputy Chief Minister (Finance)Shri Devendra Fadnavis on 9th March 2023. It was based on 'panchamrit' (five) principles with a focus on Farmers, Women, Youth, Employment, and Environment.
Credit card use has increased in India with more than 52 million people using credit cards. Recently, due to the frequency of online and contactless payments, credit cards have risen in the popularity charts. More Indians rely on credit cards for purchases/payments from groceries to utility bills.
When welfare meets tax law under GST: A detailed legal analysis of subsidised canteen recoveries, Circular No. 172, Section 7, related party valuation, Rule 28, and ITC implications for employers.
Section 16- Standard Deduction, Entertainment Allowance, and Professional Tax: Unraveling the Tax Web with Automatic 100 Employees Form 16 Part B Preparation for the FY 2023-24
As per the MCA notification dated 18thAugust 2022 Government has notified the Companies (Incorporation) Third Amendment Rules, 2022. As per the amended rules MCA has added a new Rule i.e.25B- Physical verification of Registered office of the Company. This rule came to complete the Section 12(9) of Companies Act, 2013.
Before understanding the tax treatment of premium received by closely held company on issue of shares under section 56(2)(viib) of Income Tax Act, 1967 lets discuss the problem before introduction of this section with the help of example.
After having successfully filed your Income Tax Return, the next step is to verify it. In this article, we have provided an Easy Guide on e-verification procedure of ITR.
The main objective of the Code,2016 is to restructure and resolve insolvency of corporate persons, partnership firms and individuals promptly for leveraging the maximum value of assets of such persons. While proceeding therewith to also promote the entrepreneurship as well as accessibility to credit.
'Charge' was not registered as per the provisions of Section 77 (1) of the Companies Act, 2013 and as envisaged under the IBC 2016, hence the Creditor cannot be treated as a 'Secured Creditor'.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English