Understand the GST implications of transferring a business after the death of the proprietor. Learn about the legal procedures and exemptions involved.
Learn about the key points to consider in the preparation of annual reports for companies. Part I focuses on non-compliance related to accounting standards.
ITAT Mumbai held that provisions made on best estimate basis is allowable as deduction as disallowance of excess and short year end provisions in current year and allowing the same in subsequent year is revenue neutral.
CESTAT Ahmedabad in the case of Gujarat Power Corporation Ltd. v C.C.E. & ST held that payment of one-time premium under renting of immovable property services is not chargeable to Service Tax.
Looking at the quantum of sales and getting happy about it while wondering where did the money go? The most common challenge faced by all the entities is that how to record all the transactions properly to get to know the actual position of the business.
Learn how to easily view or download Form 26AS from the Income Tax Portal. Understand the importance of this form in recording income and TDS deductions.
BBG Metal Syndicate Pvt Ltd Vs DCIT (ITAT Cuttack) Admittedly, the Hon’ble Supreme Court in the case of Checkmate Services Pvt Ltd(supra) has categorically held that the employees contribution to PF and ESI to the extent it is not paid within due date prescribed under the PF Act, is not allowable u/s.36(1)(va) of the Act. […]
After the decision of SC in Check mate Services Pvt. Ltd. vs. CIT order dated 12.10.22, the legal position is now settled that the delayed deposit of employees contribution shall be held as deemed income u/s. 2(24) of the income tax act.
Prepare for departmental audit under GST Get ready for the changes brought by the implementation of GST in India and understand the significance of departmental audit.
