Income Tax Department carried out search and seizure operations on a group engaged in the business of mining, processing and trading of black stones.
As per Rule 142(1)(a) of the JGST Rules, the summary of show cause notice has to be issued electronically to keep track of the proceeding initiated against the registered persona whereas a show cause notice need not necessarily be issued electronically.
Understanding Income under Section 2(24) of the Income Tax Act, 1961. Learn about the comprehensive definition of income and its implications for taxation in India.
Understanding the role of Goods and Services Tax Network (GSTN) in the implementation of the GST system and its impact on taxpayers.
Discover the differences between financial planning, tax planning, and retirement planning. Learn how these concepts are interconnected and how they can help you achieve your long-term financial goals.
Penta Media Graphics Ltd Vs DCIT/ACIT (ITAT Chennai) Disallowance u/s 40(a)(i) justified if assessee failed to deduct TDS on payment for software development consultancy charges to foreign companies. Conclusion: Since assessee had not deducted TDS under section 195 on payment for software development consultancy charges was made to foreign companies and failed to file any […]
Learn about the SS-2 Secretarial Standard on General Meetings and its applicability to different types of meetings for companies under the Companies Act, 2013.
Explore the complexities of Related Party Transactions (RPT) in India. Understand regulatory measures, disclosures, and safeguards, with a focus on the Companies Act and SEBI LODR. Learn about the significant implications of RPTs and stay informed about the latest recommendations by SEBI’s Working Group. Gain insights into the definitions, approval processes, and disclosure requirements for RPTs, ensuring compliance with corporate governance and regulatory norms.
Uncover the impact of proposed GST changes on healthcare services. Explore room rent taxation implications for hospitals and consumers. Stay informed!
In recent times, many individuals are exploring investments outside India by way of investing in existing companies’ set-up in developed or emerging countries.
