If the documents of the deceased are not proper or don't mention the successor or the legal heir, then it becomes a huge problem to clear the legality of the assets.
The Income Tax Act provides that a certain category of persons should compulsorily file their Income Tax returns every year within the due date specified. Let us discuss the same through this article.
The amendments propose a uniform system for the collection and payment of stamp duty on the issue and transfer of securities. Let us decode the stamp duty on issue and transfer of shares in both physical as well as Demat form.
Any tendering should attract GST on the processing fee and that 18% GST should apply wherever such forms are bought online or offline. Both online and offline tendering would be considered as a supply of service.
SKDRDP took an active part in implementing the financial inclusion plan of the Government of India by working as a Banking Business Correspondent and Business Facilitator in all the areas of its operation.
The notice under section 148 could be issued within a period of 16 years from the end of relevant AY in case the income that has escaped assessment relates to assets located outside India.
Listed companies are requested to comply with the requirements of listing regulations and other applicable regulations as amended from time to time. The FAQ’s may be referred to only for assistance.
As per Section 2(45) of CGST Act, 2017, electronic commerce operator means any person who owns, operates or manages digital or electronic facility or platform for electronic commerce.
Subject to the provisions of section 197, a company having profits in a financial year may pay remuneration to a managerial person or persons or other directors not exceeding the limits specified in such section.
By these amendments, MCA has increased stringency in compliances and has added numerous additional disclosures in Financial Statement, Directors Report and Audit Report.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English