Naina Lal Kidwai Vs National Faceless Assessment Centre Delhi (Delhi High Court) Liberty is, given to AO to pass a fresh assessment order, after according personal hearing to the petitioner and/or her authorized representative. The personal hearing will be accorded via video-conferencing (VC) mechanism. For this purpose, the assessing officer will issue a written notice, […]
Instructions for filling ITR-4 SUGAM For A.Y. 2021-22 | F.Y. 2020-21 General Instructions These instructions are guidelines to help the taxpayers for filling the particulars in Income-tax Return Form-4 for the Assessment Year 2021-22 relating to the Financial Year2020-21. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and […]
Instructions for filling out FORM ITR–2 For A.Y. 2021-22 | F.Y. 2020-21 These instructions are guidelines for filling the particulars in Income-tax Return Form-2 for the Assessment Year 2021-22 relating to the Financial Year 2020-21. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax Rules, 1962. […]
Instructions for filling ITR–1 SAHAJ For A.Y. 2021–22\ F.Y. 2020-21 General Instructions These instructions are guidelines to help the taxpayers for filling the particulars in Income-tax Return Form-1 for the Assessment Year 2021-22 relating to the Financial Year 2020-21. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and […]
1. Documentation and Records 1. Whether registration under The Food Safety and Standards Authority of India (FSSAI) has been taken by the company for operating canteen in premises? 2. In case of raw food materials, check whether the same is being purchased from registered or licensed vendor? 3. Ensure that no expired product is available […]
What is PAN? PAN stands for Permanent Account Number. It is a unique 10 digit alphanumeric number, the first five being alphabets followed by four numbers and ending with one alphabet allotted by the Income Tax Department of India. Know your 10 Digit PAN Card Number Details The first three letters of the ten-digit are […]
REMOVAL OF AUDITOR BEFORE THEIR TERM:- Provisions Under Companies Act, 2013– Pursuant to the Provision of Section 140(1) of the Companies Act, 2013 read with Rule 7(1) of Companies (Audit and Auditors) Rules, 2014 The auditor appointed under section 139 may be removed from his office before the expiry of his term only by a […]
Applicable Provisions: Section 203 of Companies Act of 2013 r/w Rule 8 of Companies (Appointment and Remuneration of Managerial Personnel) Rules of 2014 What they have to Say: Every Listed company and every other public company having a paid-up share capital of Rs. 10 Crore or more shall have whole-time key managerial personnel comprising of: […]
Checklist For GSTR-3B Return 1. Details of Outward Supplies (Taxable, Nil Rated, Exports, Exempted) required to be made in specified attached format. (Format attached) 2. Details of Credit Notes/Debit Notes required to be made in specified attached format. 3. Details of Advances received and Advances adjusted during the specified period required to be made in […]
2.1 Mutual Funds can make overseas investments subject to a maximum of US $ 1 billion per Mutual Fund, within the overall industry limit of US $ 7 billion. 2.2 Mutual Funds can make investments in overseas Exchange Traded Fund (ETF(s)) subject to a maximum of US $ 300 million per Mutual Fund, within the overall industry limit of US $ 1 billion.