Q.1 On which companies, Corporate Social Responsibility Policy (CSR) provisions specified under section 135 of the Companies Act, 2013 are applicable? A company satisfying any of the following criteria during the immediately preceding financial year has to comply with CSR provisions specified under section 135 of the Companies Act, 2013 r...

ED carried out search operations on 02.09.2022 at 06 premises in Bengaluru, in respect to an investigation relating to Chinese Loan App Case...

In any tax law including the GST law, tax evasion as well as detection and investigation both are present and go hand-in-hand. It is obvious that tax evasion ought to be curbed at all costs and this may require severe and harsh action on the part of tax collectors and regulators. This includes inspection, investigation […]...

When Employer pays less amount to Employee If employer pays to employee less than the amount due to such employee then employer shall be liable to fine which may extend to Rs. 50,000/- (Section-54(1)(a)) Repetition of offence covered under section – 54(1)(a)) On repetition of offence covered under section-54(1)(a)) within 5 years th...

The amendments made to the GST for the real estate sector has created a self contained code with the issuance of notifications 3/2019 to 6/2019 all dated 29/03/2019 effective from 01/04/2019. However these notifications have created more issues than they have solved. The said notifications reflects the government’s desire to tax eve...

Group Health insurance policy is usually taken by employer of an organization to cover their employees which can be extended to family of employees...

What is the procedure and timeline for registration as ISD? I. As such there is no specific procedure, we only need to select the reason of registration as an ISD in Form GST REG-01 for registration. II. It is preferred that the Input Service Registration should be taken in the name of Head Office. III. […]...

Clause 44 reporting viz. GST Details is applicable to taxpayers who are required to file tax audit reports in Form 3CA/3CB & 3CD u/s 44AB...