Discussing judicial pronouncements that state that Sanitizers used for 'care, not cure for COVID', are not classifiable as 'Medicaments' and 'Hand-Sanitizers' taxable at 18%, denies exemption as 'essential commodity' under GST.
IND AS governs the accounting and recording of financial transactions as well as the presentation of statements such as profit and loss account and the balance sheet of a company.
With all due respect and empathy for some who had a tough time because of sufferings to their near and dear ones, in this article, the author looks at some of the benefits of the pandemic, in his life.
A producer company is a blend of a Pvt. Ltd. Co. and a Cooperative Society. Discussing the meaning, benefits and working of Producer Companies, before its incorporation procedure.
CBDT has issued a circular on 20.5.2021 for an extension of due dates for various returns and compliances under the Income Tax Act. Let us discuss the extended due dates.
Cash transactions and digital deposits are closely monitored by the IT Department, and if you invest more than Rs 10 lakh in mutual funds, stock market, bonds, or debentures, your chances of receiving a notice increases.
CBIC has issued Notification No. 15 /2021 - Central Tax dated 18th May 2021 specifying changes in the CSGT Rules, which has brought changes in the GST refund procedure.
Discussing seven important judicial pronouncements under GST on the classification of various health care services used by the healthcare industry.
Through Venture Capital, a company having Innovative ideas, growth oriented startups etc. may benefit to run its business smoothly by exchange of equity.
CBIC has issued notifications for specifying SOPs for implementation of the provision of extension of time limit to apply for revocation of cancellation of registration u/s 30 of the CGST Act, 2017 and Rule 23 of the CGST Rules, 2017.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English