Company Secretaries are the building blocks of companies, and they must carry their duties with reasonable care. In this article, we discuss the Responsibilities and Duties of a CS.
CBDT has issued a circular regarding the use of functionality under Section 206AB and 206CCA of the Income-tax Act, 1961. Let us decode whether the same is in line with legal provisions or not.
The two most popular means of transportation of goods from one country to another are through sea routes and air routes. Let us understand the applicability of GST on Ocean Freight expense incurred during import of goods.
The individuals who want to be part of the association of persons need to sign a Memorandum of the company. This part where such signatures are affirmed is called the association clause.
When the IEC holder voluntarily revokes his rights to use the IEC for whatsoever reason, it is said to be the IEC Surrender. If the IEC License is no longer in use then the same can be surrendered.
This standard became mandatory on 1st Jan 2013. It took 8 years since 2005 to evolve itself as a mandatory standard in 2013. Ind AS 113 is the Indian version of IFRS 13.
Section 194Q is for TDS applicable from 01.07.2021 and Section 206C(1H) is for TCS applicable since 01.10.2020. Let us understand which section will be applicable in practical scenarios.
In this article, we will discuss the major updates from the Finance and Tax Industry between 19th December and 26th December 2020
ICAI has sent out a clear message that it is firm on its decision to conduct the CA exams from 5th July 2021. But, there are many concerns of the students which are left unattended. Let us address them.
It may not be good to postpone the exams, the least ICAI can do in the present scenario is make the Opt Out Facility available to anyone who wants to avail it and take into consideration an additional cycle.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English