In this article, author will discuss the implication of Hong Kong and India both completing their relevant procedures in respect to double tax avoidance agreement (DTAA). Further it will be analyzed in detail meaning of various dates in respect to India – Hong kong DTAA and date from which it can be used for remittance to Hong Kong Residents.
Private Placement of Securities is a mean by which funds can be raised by the Corporates in a compliant manner. In this article, we have tried to cover practical and procedural aspects of Private Placement of Securities under the Companies Act in force and rules amended and modified therof.
Benami transaction is a transaction or arrangement whereby the identity of real owner (beneficial owner) of property is concealed by showing someone else (benamidar) as owner on record. The beneficial owner provides or pays consideration for purchase of property.
Employer whose profession tax liability exceeds Rs. 50000/- in the previous year are required to file monthly returns. Remaining tax payers have to file yearly return. Newly registered tax payers in any year are also required to file monthly returns in that year. For subsequent year, their periodicity depends on the tax payment of the previous year.
Certain Corrections have been made in the Appendix 3B, Table 2 as notified vide Public Notice 61 dated 07.03.2017, and modified from time to time, to be applicable with effect from 01.01.2017.
MCA notifies Companies (cost records and audit) Amendment Rules, 2018 to further amend Companies (cost records and audit) Rules, 2014.
TIR Carnet opened in the country of departure serves as a Customs control document in the countries of departure, transit and destination. It also serves as proof of the existence of an international guarantee for the goods transported under the Carnet.
The total gross GST revenue collected in the month of November, 2018 is Rs. 97,637 crore of which CGST is Rs. 16,812 crore, SGST is Rs. 23,070 crore, IGST is Rs. 49,726 crore (including Rs. 24,133 crore collected on imports) and Cess is Rs. 8,031 crore (including Rs. 842crore collected on imports).
Determination Of Applicability Of Chapter Heading (CH) 7318 Or 8714 On Metal Parts Used In Automotive Sector On The Basis Of General Use Or Specific Use INTRODUCTION: Goods made of iron or steel are generally covered under Chapter Heading 73 while same goods made of iron or steel may be classified under Chapter Heading 87 […]
Companies Act, 2013 Section 175 No resolution shall be deemed to have been duly passed by the Board or by a committee thereof by circulation, unless – – the resolution has been circulated in draft, together with the necessary papers, if any, to all the directors, or members of the committee, as the case may […]
