eForm CRA-4- Form for Filing cost Audit report with Central Government Part I – Law(s) Governing the eForm CRA-4 Rule Number(s) eForm CRA-2 is required to be filed pursuant to section 148(6) of Companies Act, 2013 and rule 6(6) of the Companies (cost records and audit) Rules, 2014 which are reproduced for your reference. Section […]
eForm MSME FORM I – Form for furnishing half yearly return with the registrar in respect of outstanding payments to Micro or Small Enterprises. Part I – Law(s) Governing the eForm MSME FORM I Section and Rule Number(s) eForm MSME FORM-I is required to be filed pursuant to Order dated 22 January, 2019 issued under […]
eForm NDH-4 | Application for declaration as Nidhi Company and for updation of status by Nidhis Part I – Law(s) Governing the eForm NDH-4 Rule Number(s) eForm NDH-4 is required to be filed pursuant to section 406 of Companies Act, 2013 and rule 3A, 23A and 23B of Nidhi Rules, 2014 which are reproduced for […]
Part I – Law(s) Governing the eForm INC-3 Section and Rule Number(s) This form is required to be filed pursuant to section 3(1) of the Companies Act, 2013 and rule 4(2), (3), (4), (5) & (6) of Companies (Incorporation) Rules, 2014 and the same are reproduced for your reference: Section 3(1): A company may be […]
Prime Minister said today is a very important day for the banking sector and crores of bank account holders of the country as this day is witnessing how a big problem which was going on for decades has been solved. He stressed that the spirit of ‘Depositors First’ is very meaningful.
It has been alleged that the petitioner is the proprietor of M/s. S.R. Enterprises in collusion with others had been managing in showing the receipt of purchase invoices in the name of fake firms without physical receipt of goods and issuing sale invoices without onward physical movement of the goods and thereby has wrongfully availed and passed on bogus Input Tax Credit (ITC) on the strength of those fake invoices in defrauding the State exchequer.
In common parlance, the person who operates the E-commerce platform is called an ECO. However, in terms of Sec 2(45) of CGST Act,2017 ECO means any person who owns, operates or manages digital or electronic facility or platform for e-commerce.
Explanatory memorandum to the Finance Act, 2021 proposing amendment in section 36(1)(va) as well as section 43B is applicable only from 01.04.2021. These provisions impose a liability on an assessee and therefore cannot be construed as applicable with retrospective effect unless the legislature specifically says so. In the decisions referred to by us in the earlier paragraph of this order on identical issue the tribunal has taken a view that the aforesaid amendment is applicable only prospectively i.e., from 1.4.2021.
Section 194J of The Income Tax Act 1961, pertains to deduction of tax at source in case of fees for professional or technical services. It applies to TDS on payment of any sum by way of – a) fees for Professional services b) fees for Technical services c) Remuneration or fees or commission paid to […]
Golden Tobacco Limited Vs National Faceless Assessment Centre (Bombay High Court) In the fact situation of the present case, it appears that a notice under Section 142(1) of said Act along with questionnaire was issued on 23/12/2020 and 26/03/2021. The draft Assessment Order was prepared based on information furnished by the assessee to the said […]
