They all say free supplies are taxable under GST Act(s) ('the law'), let us examine the truth behind such statement and the extent of truthiness.
The Indian GST landscape is undergoing a significant transformation with the introduction of new Reverse Charge Mechanism (RCM) Time of Supply Rules, effective from November 1, 2024. T
The direct tax code was released in Aug 2009 and it was declared at that time it will replace the more than half century old Income tax Act, 1961 in a New and polished way with simple and understandable language and professional way. The main thrust
The documentation applicable for particular type of advances are either given in the Advance Manual of a particular bank or in the circular for specific type of advances, however, the main framework for documentation is as per the advances manual of
The main drive of the broadsheet, on the other hand, is upon Strengthened power of Employee/ Workmen pursuant to provision of IBC along with decided case laws.
Basic provisions related to CSR Policy Corporate Social Responsibility requirementsAs per the Companies Act, 2013, section 135, every company having: 1. Net worth of rupees five hundred crore or more, or2. Turnover of rupees one thousand crore or mor
Mauritius is always a favourite among tourists across the world. However, Mauritius is also famous among worldwide investors for their tax friendly environment. As per an estimate 40% of portfolio inflows in India are coming from Mauritius. Like M
------------------- Opened my eyes in the morning after a nice sleep. Hmmm yet another ordinary day , my fingers wiping by eyes !! Suddenly got up and start blinking ...... What happened to me ??? This line runs through my mind like a News headlin
An individual assesses always wonder what be could his tax implications and the amount of taxes, he would end up paying at the end of the year. People from commercial background find it relatively easy to crack than individuals from other background.
There is a lot of issue in the matching of Returns with Form 26AS, TRACES, GST, MCA and SEBI. In this article, we discuss this issue and its possible solution for taxpayers and professionals.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English