A thorough reconciliation is required on a periodical basis (monthly or fortnightly) for eliminating any eligible credit being left out of a claim of excess ITC.
In this article, we will understand the amendment in Section 194J w.e.f 1st April 2020 - Interpretation of "Fees for Technical Services" (FTS) and "Fees for Professional Services" (FPS)
This new Scheme will be effective from 01.01.2021. Further, in case the aggregate turnover exceeds 5 crore rupees during any quarter in the current financial year, the registered person shall not be eligible for the Scheme from the next quarter.
Section 163 of the Companies Act, 2013. Option to adopt Principle of Proportional Representation for Appointment of Directors in the General Meeting of the Company
Do you think you are ordinary? Yes, you are right; you are ordinary. Do you think you are phenomenal? Yes, you are right here, too; you are phenomenal. You become what you think about.
In this article, we will try to dissect the provisions with respect to the obligation of a public company to have a minimum number of directors and the consequences of the strength falling below the minimum prescribed requirement.
GST is not payable on goods procured from vendors outside India, where the goods so purchased are not brought down into India.
The levy of GST on development charges is a matter of dispute as sale of land per se is out of the ambit of GST law.
SEBI has given relaxation in the pricing methodology for preferential issues and exempt allottees of preferential issues from open offer obligations
Form 26AS (Tax Credit Statement) is the Annual Tax Statement in which the details of tax credit are maintained for each taxpayer as per the database of Income-tax Department.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English