Jagannath Dey Vs Mrinal Mallik S/o Gourchandra Mallik (High court Chhattisgarh) 1. Learned counsel appearing for the appellant would seek permission of the Court to withdraw this appeal with liberty to move a fresh suit under the provisions of the Guardians and Wards Act, 1890 seeking custody of the minor. 2. In Shiv Kumar Sharma v […]
In a fast growing, competitive market, one of the most effective ways to gain new customers is to give away free and sample products. Providing free or sample products is a tried and tested marketing method used by various companies in India and in this article, we review the applicability of GST on free and […]
Legal Entity Identifier (LEI) Introduction 1. A Legal Entity Identifier (or LEI) is a 20-character identifier that identifies distinct legal entities that engage in financial transactions. 2. It is defined by ISO 17442. 3. The LEI is a global standard, designed to be non-proprietary data that is freely accessible to all. As of October 2017, […]
Connection between GST and TDS We all are familiar with the concept of TDS in respect to Direct Tax, now with GST in force there is a provision for deduction of tax in Indirect Tax too. Let us know more about the combination of TDS and Indirect Tax (GST). The government has notified 1st of […]
ANNUAL RETURN UNDER GST For the annual return Sec 44 (1) of CGST Act 2017 says that Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall furnish an annual return for every financial year electronically […]
Procedure for Transfer of Unpaid / Unclaimed Dividend to IEPF- The company shall inform, at the latest available address, the shareholder concerned regarding transfer of shares three months before the due date of transfer of shares and also simultaneously publish a notice in the leading newspaper in English and regional language having wide circulation informing the concerned that the names of such shareholders and their folio number or DP ID – Client ID are available on their website duly mentioning the website address.
Article covers Introduction to Corporate Governance, Importance of Corporate Governance, Need of Corporate Governance, Corporate Governance Principles, Benefits of Corporate Governance, Responsibilities Of The Board Of Directors, Five Golden Rules of Corporate Governance, Components Of Corporate Governance, Regulatory Framework In India And Mandates, Evolution in Corporate Governance Norms, Major Incidences In Indian Corporate-Legal Sector (Case […]
E-commerce simply means buying and selling of goods or services or both by using electronic platform, primarily the internet which is advantageous to organizations, customers and society as a whole. Electronic commerce is defined under clause 44 of section 2 of Central GST Act, 2017 as under: “Electronic commerce means the supply of goods or services or both, including digital products over digital or electronic network”. E-commerce has bridged the gap between service provider and service recipient in a most cost and time effective manner. Earlier only two parties were involved in a transaction but in present scenario e-commerce operator plays a major role and has emerged as the third party in a transaction which is why it was imperative to bring the e-commerce operator within the ambit of GST.
PCIT/CIT is personally responsible as per Instruction No. 7 of 2011 to ensure proper filing of appeals in High Courts & consequential follow up action. Proper filing of appeals implies that defects /office objections raised by High Court’s Registry
