A Show Cause Notice is a significant instrument in maintaining due process within organizations, courts, and various administrative actions. It serves as a formal communication requiring an individual to explain or justify their actions or conduct, which is allegedly in violation of company rules or codes of conduct.
Guarantee/security in connection with loan taken by Pvt Co. in which such director is director or member and the loan is utilised for principal business activities.
Foreign Investment means any investment made by person resident outside India on a repatriable basis in capital instruments of an Indian Company or to the capital of an LLP.
Gold Exchange Traded Funds or Gold ETFs are open-ended mutual fund schemes based on the movement of price of gold. By an open-ended mutual fund, it means the shares can be bought or sold at any time at the Net Asset Value (NAV).
India may overhaul its GST structure for automobiles. Motorcycles above 350cc could face a steep 40% tax, while bikes and scooters under 350cc may benefit from a lower 18% GST. Find out how this change could impact prices, manufacturers, and buyers ahead of the September GST Council meeting.
For many taxpayers seeking refunds under the Goods and Services Tax (GST) regime, delays and bureaucratic hurdles can feel like an endless maze. But a recent ray of hope emerged from the Delhi High Court, offering a potential escape route with its directive in one of the case.
CBDT has clarified that no seizure should be made by the Search Party of the Jewellery and Ornaments found during the course of search proceedings under Section 132 of the IT Act,1961, where the same have been duly declared in the Wealth-tax returns.
Have discussed all the factors which will confirm why you should not be worried at all about investing or starting a business in India, post-pandemic.
The Ministry of Corporate Affairs has announced several amendments in the Companies Act, 2013. Let us discuss the No. of Notifications, Circulars and Amendments in Rules announced in June 2021.
If any person is receiving notice then they need to act on the notice. Recently CBDT which is known as Central Board of Direct Tax has launched the scheme that is termed as Centralized Communication Scheme, the scheme says that all the communication shall be made in electronic mode.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English