Article highlights the impact of recent judgment of Hon’ble SC in respect of taxability of surplus amount after revaluation of any assets, which is credited to the partners’ capital account.
Explore the GST implications on revenue generated from YouTube. Learn how YouTube creators are paid and the significant role of advertisement revenue.
Understand the implications of GST on app developers situated outside India. Learn how this comprehensive tax reform affects businesses and start-ups.
Learn about gratuity: eligibility criteria, taxability, and exemption. Find out how this voluntary payment can benefit retiring employees.
In this article we shall discuss each and every field of annual GST returns and what information is required to be disclosed in each such field from the revenue and outward supply standpoint.
Stay compliant with the Equity Segment Compliance Calendar for listed entities. Learn about the quarterly, half-yearly, annual, and event-based compliances required.
Insurance Regulatory and Development Authority of India Circular Ref No: IRDAI/HLT/CIR/MISC/235/12/2022 Dated- 06th December, 2022 To All Insurers (except ECGC, AIC) and GI Council Re: Extension of timelines for filing of Health Quarterly Returns to the Authority 1. Reference is invited to the circular on Revision of Health Insurance Regulatory Returns vide Circular Ref No. IRDAI/HLT/CIR/MISC/190/9/2022 […]
Learn how to analyze a companys financial and non-financial growth with useful ratios. Discover how liquidity ratios like current ratio and quick ratio can indicate a companys short-term solvency.
State of Jharkhand Vs Linde India Limited (Supreme Court of India) Whether oxygen which is used in the production of steel can be said to be a raw material and thus eligible for concessional rate of tax @ 1% instead of normal rate of 3% under the Bihar Finance Act. An interesting issue arose in […]
R. Yuvaraj Vs ITO (ITAT Chennai) In the assessment order, the Assessing Officer asked the assessee to prove the source of the additional amount of ₹.52 lakhs found deposited in his savings bank account with Andhra Bank, Medavakkam. Since the assessee has not furnished any evidence for having received money from the purchaser Shri Parthasarathy, […]
