We are happy to announce the 11th Batch of our Advanced Online GST Certification Course which started from 28th July 2019. Those who missed any of the lecture due to late joining will be provided recording of the classes for limited period to cover the missed classes. Batch covers detailed analysis of entire GST law […]
A registered supplier is not allowed to avail of the Input Tax Credit of GST paid in respect of motor vehicles. The Act is silent on the allowability of Input Tax Credit of GST paid on insurance, repair and maintenance of motor vehicles. So, the taxpayers were in dilemma whether such ITC should be claimed […]
The Companies (Amendment) Bill, 2019 was introduced in the Lok Sabha on Thursday, July 25, 2019 by the Minister of Finance, Ms. Nirmala Sitharaman, which seeks to tighten corporate social responsibility compliance, reduce the load of cases on the National Company Law Tribunal (NCLT) and other amendments to the Companies Act, 2013.
Analysis of the amendment done by IBBI in Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019 wef 25th July 2019. The IBBI has issued Notification dated 25th July 2019 amending Liquidation Process under IBC 2016, in consonance with existing CIR process under IBC 2016. These amendments are applicable wef 25th July 2019. […]
All the registered taxpayers paying tax under the provisions of section 10 of CGST Act 2017 or availing benefits of Notification No. 2/2019-Central Tax (Rate) dated 07th March 2019 have been categorized under ‘special category of persons’ by the CBIC. A special procedure has been laid out by the CBIC via Notification no. 21/2019 – […]
E-Form DIR-3 KYC is to be filed by an individual who holds Director Identification Number (“DIN”) or Designated Partner Identification Number (“DPIN”) and is filing his KYC details for the first time or by the DIN/DPIN holder who has already filed his KYC once in E-form DIR-3 KYC but wants to update his details.
Private Limited Company: Private Limited Company is defined under Section 2(68) of the Companies Act, 2013 . It Means a company which by its articles : (i) restricts the right to transfer its shares; (ii) except in case of One Person Company, limits the number of its members to two hundred: Provided that where two […]
Most Indians see tax evasion as a mark of smartness. If the government allows you a tax break, you are free to take it. If there is a legal way you can save some of your hard-earned money from being taxed, you are free to save it.
