Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.
Declaration for Commencement of Business Form INC-20A: e-Form INC-20A is required to be filed Pursuant to Section 10A(1)(a) of the Companies Act, 2013 and Rule 23A of the Companies (Incorporation) Rules, 2014 for the purpose of Declaration for Commencement of Business. Section 10A: COMMENCEMENT OF BUSINESS etc. A company incorporated after the commencement of the […]
Initially, people tend to form a partnership firm as it can be easily formed with minimum compliances and cost. Then, when the business grows or any dispute arises between the partners, they generally intend to convert their existing partnership firms into a Limited Liability Partnership (LLP) in order to formalise the business. The same trend […]
Finance Bill, 2021 inserted new Section 16(2)(aa) What is the impact of Section 16(2)(aa) on ITC in the near future which is introduced by Finance bill 2021. In this Article we are trying to discuss & analysis sec 16(2)(aa) with sec 37. Provision as per Law 16(2) (aa) The details of the invoice or debit […]
Marketing of Minor Forest Product & Development of Value Chain to Minimum Sales Price Problems to access proper banking system Due to dearth of fund, tribes are more prone to take loans from the money lenders and due to high rate of interest charged by the money lenders, they have to bear huge amount of […]
In any organization, We all work as a team and the success and failure of any organization depend upon the various members, it’s just like a puzzle where every piece has two play its part. In any given puzzle all parts are right we just need to place them in correct position but in the […]
Form 10BD statement & Certificate of Donation: As we are aware, section 80G of the income tax act,1961 provides for deduction on payment of donations. Until the last financial year there was no way to counter check the accuracy of the donations paid. The income tax department allowed deduction based on the claim made by […]
There have been some media reports, quoting recent studies, that it would be better to shorten the gap between two doses of COVISHIELD vaccine, in light of the variants in circulation.
Bombay Stock Exchange (BSE) vide its Media Release on 11th June, 2021 said that it has set up a wholly owned subsidiary company’BSE Administration & Supervision Ltd. (BASL) for carrying out the administration and supervision activities of all SEBI-registered investment advisors (RIA). It has also created its website: https://www.bseasl.com/ria/index.html, wherein all the data/information related to […]
Mostly we use term profession in association with business and try to find it’s colour from the company it keeps. Most of the times it is not necessary to differentiate business from profession, since most provisions dealing with business and profession are same, but for some purposes distinction has to be established. Section 2(36) says […]
FSSAI makes it obligatory for food businesses to communicate FSSAI licence No. on invoice/bills from 1st October 2021 The food business ecosystem is large and the 14-digit FSSAI number of any food business operator is not easily visible and available to consumer/service recipient. If the FSSAI number is not available to consumer, expecting him to […]
