Advance Ruling is a widely used mechanism when a non-resident enters into a transaction with a resident whereby the complexity of the transaction is involved.
In this article, we will discuss statutory provisions as to investment by a person resident outside India in unlisted companies and compliances undertaken by an Investee Company or Indian Company.
In this article we will discuss the intricacies of Section 80P, drawing insights from the recent Tribunal case of Sardar Patel Co-Operative Credit Society Ltd. v. Deputy Commissioner of Income-tax, Circle-2(3) (IT APPEAL NO. 645/SRT/2023).
Income Tax Department releases FAQs on: DSC Related Issues & Solutions
EPCG Scheme was launched in the 1990s to facilitate the import of capital goods with the aim to enhance the production quality of goods and services, thereby, increasing India's international manufacturing competitiveness.
Accounts receivable refers to the money owed by customers to a business for the goods or services they have purchased on credit. It is an important part of a business's working capital and represents the amount of cash that the business can expect to receive in the near future.
The Indian Goods and Services Tax (GST) system, introduced in July 2017, has revolutionized indirect taxation. To improve compliance, transparency, and automation in tax administration, the government has implemented two major digital systems
India has seen significant growth in the use of digital payments over the past few years. However, there is still a significant portion of the population that is not using digital payments for day-to-day transactions.
Ministry of Micro, Small and Medium Enterprises have come out with notification no. [F. No. 21(5)/2019-P&G/Policy (Pt-IV)] dated 26th June 2020, wherein new criteria of classification of enterprises and new registration procedures under MSMED Act,2006
This phase of 3 years will decide what the CA student will be in future. So, it is important to choose the right firm for Articleship. Sometimes, students make a wrong choice while choosing an articleship firm and regret it later.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English