Dear friends and colleges, we are going through an unprecedented lockdown, due to COVID-19 Pandemic. This pandemic has killed more than 5.00 Lakhs and people and its killing spree is still going on. The whole world is facing lockdown and due to this their economies suffered a lot. The movement of people, transport, goods and […]
Section 8 Company means: Companies with Charitable Objects etc, Section 8 of the Companies Act, 2013 Where the CG has satisfied that a person or an association of person proposed to be registered under the Act as a limited Company. The Objects of the company is – the promotion of commerce, art, science, sports, education, research, […]
Relevant Section: Section 12 and 13 of the Companies Act, 2013 Relevant Rules: Rules 30 & 31 of the Companies (Incorporation) Rules, 2014 A Board Meeting shall be called by giving notice to all the Directors of the Company. Following matters shall be discussed and approved at the Board meeting- Shifting of registered office from one state […]
It’s a fact that there are various writ petitions filed before various high courts /Supreme court in relation to disputes on allowability or disallowance of transitional credit under GST regime. While most of the writs have been disposed in favour of tax payers, yet disputes are not getting settled and the number of new writs are also on rise. The assessees are not getting respite from the department.
ICAI has decided to cancel May 2020 Examinations and merge the May 2020 attempt with November 2020 Examinations, with due carryover of all benefits already available to students including fee paid and exemptions.
Simplified GST Series Section 49/49A/49B CGST ACT 2017 Article explains Section 49- Payment of Tax, Interest, Penalty and other Amounts, Section 49A-Utilisation of input tax credit subject to certain conditions and Section 49B- Order of utilisation of input tax credit. Section 49- Payment of Tax, Interest, Penalty and other Amounts (1) Every deposit made towards […]
Meaning of Branch Office: Branch office implies an establishment set up by parent company to perform the similar business operations at different locations. One of the common strategies of the Companies to expand their business at the national or international level, is to set up branches, at different places. Branches are a part of the […]
Avoid tax notices and stress while filing income tax return. Learn about the red flags that taxpayers should be aware of to avoid discrepancies.
