Apart from differences in the perseverance in accounting and financial terms, the least we can predict is the future of both. The year 2020 has already been a year of financial loss and the loss did not hinder a state or a country, but the world has been suffering lately.
Discussing GST Updates w.r.t Quoting of HSN Classification on Invoices, Table for HSN/SAC reporting based on Turnover & Nature of Supplies and Steps for implementation of the same.
There is a remarkable difference between 'not loving' something and 'hating' something. If you don’t love something. It’s okay. Don’t hate. Adopt a positive mindset and try to change it brick by brick, daily.
In terms of Section 2(11) of the Act, "assessment" means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary assessment and best judgement assessment. It is important to note that there is no provision permitting a Proper Officer to re-assess the tax liability of taxable person.
The year-end 2019 brought to end so many good and bad events or moments we Indians experienced during the year. Some events fade with the onset of the new year, but some continue for life and few such happenings get carried forward to the current year 2020.
CBIC issued the Notification No. 01/2020- Central Tax on dt. 01 Jan 2020 regarding the implementation of provisions of Finance (No.2) Act, 2019 to amend the CGST Act, 2017.
National Company Law Appellate Tribunal (NCLAT) was constituted under Section 410 of the Companies Act, 2013 for hearing appeals against the orders of National Company Law Tribunal(s), under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC) and the orders passed by Insolvency and Bankruptcy Board of India under Section 202 and Section 211 of IBC.
You work hard to earn well so that you can give your family a life of happiness and security. Along with that, you also plan and look for alternative sources to supplement your income, so that you are also able to realize your other dreams and goals in life.
MCA has recently issued Companies (Incorporation) Eighth Amendment Rules, 2019 on 16th October, 2019 As per Notification mentioned above there is amendment i...
As per Section 269SU of the Income Tax Act, every person, carrying on business, shall provide a facility for accepting payment through prescribed electronic modes.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English