It was held that the payment made for annual maintenance contracts would not fall under the category of fee for technical services within the meaning of provisions of section 194J of the Act.
Without prejudice to the provisions contained in this Act, a company shall unless otherwise prescribed, make investment through not more than two layers of investment companies
An ordinance on Insolvency and Bankruptcy code, 2016 was issued on November 23, 2017. The ordinance was brought in to rectify certain deficiencies in the code. Major deficiency of Insolvency and Bankruptcy code 2016 was the backdoor entry of crony capitalist promoters.
Other than the conventional forms of investments like bonds and shares, investors may often explore non-conventional areas for investment, like structured investment product, venture capital, equity crowd funding, rare coins, stamps, forestry and art.
Arjuna, in the meeting held on 16th December, decisions relating to E-way bill were taken. By overcoming all the conceptual and technical difficulties, Government has decided to levy the provisions of E-way bill.
Federation of Hotel and Restaurant Association of India (Supreme Court of India); Hon’ble SC held that that neither the Standards of Weights and Measures Act, 1976 read with the enactment of 1985, or the Legal Metrology Act, 2009, would apply so as to interdict the sale of mineral water in hotels and restaurants at prices […]
Employers need to deduct taxes from the salaries of their employees every month. To save these taxes, employees submit investment declarations through which they claim allowances and deductions. So, before deducting taxes, an employer computes the taxable income of his employees based on these declarations.
The procedure for forwarding the samples to the laboratories shall be as follows: a. JNCH follows the respective standard sampling technique as prescribed by the concerned laboratory for the items under question. For any new items / goods, officers have been directed to ascertain sampling requirement with the laboratory concerned before drawing samples from the consignment. The sampling requirements has been specified in column no 5 of enclosed Annexure.
The Institute of Chartered Accountants of India (ICAI), has released Digital Competency Maturity Model (DCMM) for Professional Accounting Firms to enable the members/ firms to assess the current digital competence of their firms and building their firms competencies for their own growth and the profession at large.
Question 1: Mai mere buyer Jo ki intra state hai, aur SEZ mai business karta hai usko IGST charge karke regular rate se invoice raise karta hoo, but Jab wo mujhe bill ke against payment karta hai tab GST ki amount less karke payment karta, Is it right or wrong? Answer: You can claim refund […]