The Securities and Exchange Board of India (SEBI) on Friday 11th Sep 2020 announced a detailed structure for multi-cap Mutual Funds.
Life is about the choices we make and the opportunities we miss and take. One person looks at the glass half empty while the other looks at it as half full.
Tax Audit is a reporting of transactions keeping in mind different sections of Income Tax Act (ITA). The provision of tax audit is reported in Form 3CD which is prescribed under Rule 6G of the Income Tax Rules, 1962.
ESOP is governed through Section 62(1) (b) of the Companies Act, 2013 ("CA, 2013") and SEBI (ESOS and ESPS) Guidelines, 1999 as amended.
Finance (No. 2) Act, 2019 has inserted a new seventh proviso to section 139(1) to provide for mandatory filing of return of income for undertaking certain high-value transactions even though the person is otherwise not required to file a return of income due to the fact that total income is below the basic exemption limit.
A Public Limited Company has been defined under Section 2(71) of the Companies law. Public Limited Company offers shares to the general public and has limited liability.
The concept of TDS under Income tax act is a common procedure and the object of TDS is to collect tax from the very source of income.
The interest liability for any belated remittance is an economic consequence. The tax laws are no exception to this rule. GST law provides for interest @18% on the delayed remittance of the tax after due date.
Non-resident taxable person means any person who occasionally undertakes transactions involving supply of goods or services or both, whether as principal
Know all you need to know about the Companies Fresh Start Scheme(CFSS 2020) and LLP Modified Scheme 2020.
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