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GST Audit Desk Review - Part 2 (Detailed Analysis)
This is my second post on the topic GST Audit Desk Review which will help you all to focus on the key areas .To begin with-1. Understand the domain of your asse...
Guidelines for Implementing the Supreme Court's Ruling in Pr. CIT (Central-3) v/s Abhisar Build well Pvt. Ltd.
Instruction regarding implementation of the judgment of the Hon’ble Supreme Court in the case of Pr. CIT (Central-3) v/s Abhisar Build well Pvt. Ltd. (Civil Appeal No. 6580 of 2021)
Limitation period is 3 years even if default fall before enactment of IBC 2016
Limitation period for initiation of CIRP is 3 years from the date of default even if a default took place prior to the enactment of IBC,2016.
Key changes introduced in LLP (Amendments) Rules, 2022
In a notification dated March 4, 2022, the Ministry of Corporate Affairs published the "Limited Liability Partnership (Second Amendment) Rules, 2022." The amendment was proposed to update the existing Limited Liability Partnership Rules, 2009. The same will take effect the day after it is published in the official gazette.
Major challenges facing India in attaining the developed nation status
This article highlights the major challenges that India is facing in attaining the developed nation status
QRMP Scheme - A beneficial scheme for small and middle-level businesses and traders
This new Scheme will be effective from 01.01.2021. Further, in case the aggregate turnover exceeds 5 crore rupees during any quarter in the current financial year, the registered person shall not be eligible for the Scheme from the next quarter.
How COVID-19 is Pushing Businesses Toward Digital Transformation?
Technology is playing a key role during the COVID-19 pandemic in keeping our society working at the time of lockdowns and quarantines.
Last-minute income tax saving options
Let us know the tax-saving options available in the income tax
Brief Insight on How Businesses operate in UAE
Your type of business will determine the kind of license you require. Whether it's commercial, professional or industrial licenses, these will define the ba
Points to be considered in the preparation of Annual Report - Part 3
AS-5 required that All items of income and expense which are recognised in a period should be included in the determination of net profit or loss for the period unless an AS requires or permits otherwise.
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