Being a Principal legal Advisor to the Board of Directors, CS provides the best guidance on corporate governance and is responsible for complying with all regulations.
The Ministry of Corporate Affairs has announced various relaxations for the sake of the stakeholders in this crisis of Covid-19. Same has been discussed in this article.
Section 40A(2) of the Income Tax Act lays down provisions for the disallowance of certain payments to relatives. Let us discuss persons covered u/s 40A(2)(b).
Non Convertible Debentures are those instruments that are issued by corporates having a fixed maturity period and carrying the fixed coupon/interest rate against the principal.
CBIC has introduced a new rule 86B under Goods and Services Tax which restricts the use of input tax credit for discharging liability to 99%. The Rule is effective from 01st January 2021.
There are a number of deductions available under various sections that will bring down your taxable income. In this article, we have discussed some deductions under chapter VIA that a taxpayer can claim.
One Person Company and Sole Proprietorship – Sounds one and the same thing, right? However, there are a ton of differences between them. Let us discuss the same.
As per Section 77, a Form for creation or modification of Charge can be filed within 120 days from the creation of charge with an additional fee and/or ad valorem fee. However, MCA has provided relaxation regarding the same.
DigiLocker is a cloud-based platform where the user can access a wide range of government documents issued and verified digitally by the department concerned.
Every person undertakes Karma for some purpose depending on his or her needs and aspirations and while undertaking the Karma, he or she expects a favourable result also.
CAclubindia
