Know the pros and cons of exporting under LUT and with payment of tax. This update will surely help all the taxpayers in deciding what would be more advantageous taking into consideration the factors like refund sanctioning, compliance requirements etc.
Contemporaneous documentation means information, records and other documents which exist or brought into existence at the time the taxpayer is developing or implementing any arrangement that might raise transfer pricing issues. It is important that
XYZ is engaged in the business of real state development. In the normal course of business, it imports the various high quality equipment's and goods from outside India. Whether the title and ownership of the goods exported by exporter outside India,
Section 115BAA and section 115BAB of the Income Tax Act, 1961 give the benefit of the reduced corporate tax rate to the domestic and manufacturing companies.
The benefit of credit on the stocks and fall in the rates of GST as compared to the present total indirec tax rates is sought o be ensured to be passed on by w
A detailed Guidance on disclosing income under Pradhan Mantri Garib Kalyan Yojna (more popularly known as Income Disclosure Scheme - II)
A large part of compliance follows the GST registration. But for small businesses, following compliance is a difficult task. The Composition Scheme is introduce...
Union Budget 2015-16We view this as one of the most progressive budgets w.r.t. Make in India & Skill Building Macro-Economic headwindsMacro-vulnerability index (MVI) thatcombines a countrys fiscal deficit, current account deficit, a
THE CENTRAL GOODS AND SERVICES TAX (AMENDMENT) ACT, 2018 ...
The ITR-U return is a great facility provided by the government to benefit taxpayers who have failed to file their ITRs on time. This step taken by the government will help taxpayers to stay compliant with the tax laws and also help them to avoid any penalties or interest.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English