CAclubindia Articles

All about Non-resident taxation

Venkat Raj 11 January 2023 at 14:34

Any payment made to non-resident or to a foreign company whereby tax has to be deducted under Section 195 of Income tax Act ('IT ACT'). There are lot of complexities in dealing with this aspect which will be discussed in this missive.

Valuation of Start-up Companies

Shailesh Prajapati 11 January 2023 at 14:34

This Article is written with a view to understanding the Valuation of Start ups where it differs from that of an ongoing company i.e. Going concerned where we have past track record as well as future trend /orders etc.

Checklist of documents for directorship in Indian companies by persons resident outside India

CS MOHIT SALUJA 11 January 2023 at 09:00

In the recent years, the Government of India has liberlised its policies for the Foreign Investors whereby they can come to India and invest in various sectors. Presently every sector except a few like railway, defence, agriculture, real estate etc are allowed by the Government, where Foreign Direct Investment can be made through automatic/ approval routes.

Online registration of units through MCA portal for ESI registration and inspection of units

Affluence Advisory 10 January 2023 at 12:38

Newly incorporated Public Limited, Private Limited and One Person Companies registered with effect from February 15, 2020 ['Companies'] are being allotted ESIC registration number by default at the time of its incorporation.

Transfer Pricing in India: A Comprehensive overview with key case studies

Hardik Parikh 10 January 2023 at 08:46

In India, transfer pricing is regulated by the Income Tax Act 1961 and the rules prescribed thereunder. The Central Board of Direct Taxes (CBDT) is responsible for enforcing India's transfer pricing regulations.

Incidence of Section 112A to be taxed at MMR u/s 115UA of IT Act 1961

Someswar Roy 10 January 2023 at 08:46

Incidence of Section 112A in the hands of unit-holders of a business trust, to be taxed at maximum marginal rate (MMR) u/s 115UA of the income tax act, 1961

Online process to file GST returns effectively and quickly

Ishita Ramani 10 January 2023 at 08:46

GST has made the tax return filing procedure simple by merging the information about the products and services of the sellers and customers under one head.

Section 195 of Income Tax

Chetan Chauhan 09 January 2023 at 17:44

Section 195 of the Income Tax Act of India pertains to the deduction of tax at source on certain incomes received by a non-resident or a foreign company.

FAQs on shifting of forms from MCA V-2 to MCA V-3

CS Divesh Goyal 09 January 2023 at 17:14

MCA has issued General Circular No 01/2023 and 02/2023 in respect of the release plan of 45 forms on MCA V-3 and Filing of GNL-2 and MGT-14 and non-availability of forms on MCA for 15 days w.e.f. 07 January, 2023 to 22nd January, 2023.

Taxation Of Gifts - Income Tax Act, 1961

FCS Deepak Pratap Singh 09 January 2023 at 12:39

Taxability of gift received by any person, i.e., sum of money or property received without consideration or a case in which the property is acquired for inadequate consideration.