Q. Is it any possibility to ship the material for two different states in single-vehicle No., based on Trans-shipment? Ans. – Under GST Regime, an option has been introduced wherein the consignment of one e-way bill has to be moved in multiple vehicles, after moving to transshipment place. In simple words, Plant – X (Gujrat) […]
Where no notice under section 148 is issued or if the notice so issued is shown to be invalid, or the service of notice so issued, is shown to be invalid, AO could not proceed with the subsequent proceedings for making assessment, reassessment or re-computation under section 147. Unless, the notice was served on the proper person in the manner prescribed under section 282, the service was insufficient and AO did not have jurisdiction to re-assess the escaped income.
In re M/s Forbes Facility Services Pvt. Ltd. (GST AAR Punjab) M/s Forbes Facility Services Pvt. Ltd., R.O. B1 /B2, Manathon Innova, Off. Ganpatrao Kadam Marge, Mumbai-13, Regional office SCO No. 49, 3rd Floor, Above Bank of India, Phase-9, Sector 63, SAS Nagar, Punjab hereinafter referred to as ‘applicant’ had submitted an application for advance […]
Since GST has been introduced in the country, only ‘tareekh pe tareekh’ has been permitted but no relief to assesses has been. Every next ‘Tareekh’ has increased the cost of assesses professionals and the country at large.
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 58/2009 New Delhi, the 27th August, 2019 S.O. 3079(E).—Whereas, the Protocol, amending the Convention between the Government of the Republic of India and the Kingdom of Spain for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on […]
On July 31, 2019, the Ministry of Corporate Affairs introduced the Companies (Amendment) Act, 2019 (Amendment). The Amendment considers changes brought in by the Companies (Amendment) Ordinance, 2018, (2018 Ordinance), the Companies (Amendment) Ordinance Act, 2019 and the Companies (Amendment) Second Ordinance, 2019 (2019 Ordinances) to further amend the Companies Act, 2013 (Act).
Learning Outcomes > Understand meaning and scope of intangible assets. > Recognise the criteria. > Examine mode of acquisition. > Measure intangible assets at initial recognition. > Measure intangible assets after recognition. > Evaluate amortization and useful life of intangible asset. > De-recognition and comply with disclosure requirements of the standard. > De-recognition and comply […]
In ITR Form-2 and ITR Form-3, in Part-A General, at column (h), the taxpayer is required to state whether he was Director in a company at any time during the previous year. In case of an affirmative answer, the taxpayer is further required to disclose following information relating to each company in which he was a Director:-
Every investor comes at one point where his portfolio is too much for him to handle. In such a case, the gap is taken over by a wealth management company. Typically, wealth management is considered to be for high net worth individuals, but with digital wealth management, it has become possible for smaller investors to […]
Since inception of the provisions of appointment of Whole Time Company Secretary is being treated as a significant position in a company. As per the Companies Act, 1956 Companies having paid-up capital 5 Crores or more was required to compulsorily appoint a CS in Whole time employment.
