Before we all start a profit-oriented business, we have a query which form of business you should go with? Since there are lot of options we get confused like Proprietorship, Partnership firm, LLP, One Person Company, Private Limited and Public Limited Companies. We have simplified the major forms of business existing in India; hence you […]
It was held that transfer of shares of a company to a firm or a company, instead of an individual or an HUF, without consideration or at a price lower than the fair market value does not attract Section 56(2)(vii) of the Income Tax Act.
Government Approves Air India Disinvestment Tatasons’ SPV – Talace Pvt Ltd – Wins Bid for Air India The Cabinet Committee on Economic Affairs (CCEA) – empowered Air India Specific Alternative Mechanism (AISAM) comprising of Union Minister for Home Affairs and Cooperation Shri Amit Shah; Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman; Union […]
The import of goods has been defined in the IGST Act, 2017 as bringing goods into India from a place outside India. All imports shall be deemed as inter-State supplies and accordingly Integrated tax shall be levied in addition to the applicable Custom duties.
Respondent was not in a position to defend and justify the action of the Respondent of passing the impugned assessment order in disregard to the aforesaid circular of the CBDT and also the action of the Respondent concerned in passing the impugned assessment order without getting any instruction from the DRP within the time stipulated under the statute.
A payment gateway is a technology that allows businesses to process payments from their clients either physically as in the point of sale technology or using software online. White labeling legally permits a product or service belonging to one company to be renamed and rebranded under a different company’s brand.
IMPORTANT EXAMINATION ANNOUNCEMENT FOR FOUNDATION PROGRAMME CONDUCT OF COMPUTER BASED EXAMINATION (CBE) FOR FOUNDATION PROGRAMME DECEMBER, 2021 SESSION IN ANYWHERE MODE THROUGH REMOTE PROCTORING ON 3RD AND 4TH JANUARY 2022 The institute has decided to conduct Computer Based Examination (CBE) for Foundation Programme in anywhere mode through remote proctoring from December, 2021 Session onwards. Accordingly, […]
