NATIONAL PAYMENTS CORPORATION OF INDIA Circular No. NPC1/UP1/0C/161/2022-23 Dated:10th, January 2023 To All Members participating in Unified Payment Interface (UPI) Madam/Sir, Sub: Extension to UPI circular NPCl/UPI/OC No.60/208-19 Crediting/Debiting Non-Resident (NR) accounts in UPI We invite reference to our circular NPCl/UPI/OC.No 60/2018-19 dated 15th October, 2018 on “Crediting/Debiting Non-Resident (NR) accounts in UPI and IMPS […]
Infosys Ltd Vs ACIT (ITAT Bangalore) ITAT Bangalore held that expenditure reduced from export turnover should also be reduced from total turnover while computing deduction under section 10AA of the Income Tax Act. Facts- During the relevant previous year, the assessee had incurred brand building expenses of Rs.81,79,53,112/-. The brand building expenditure were in the […]
CBI Arrests An Assistant Valuation Officer of Income Tax And An Auditor/CA on The Allegations of Bribery of Rs. 2.25 Lakh The Central Bureau of Investigation has arrested an Assistant Valuation Officer, Income Tax Valuation Cell, Chennai and an Auditor/Chartered Accountant in a bribery of Rs. 2.25 Lakh. A case was registered against a Superintending […]
Joint ventures are a combination of partners with a purpose to develop a profitable project with shared ownership, risks & returns. Understand a Joint Venture with this post by @author.
Form 10F is an Income Tax form which reduces Non-resident Tax payer’s TDS rate in India. Learn what details are needed to file Form 10F & how to obtain Tax Residency Certificate.
Explore the benefits of lower risk with higher yield via investing in SBI Infrastructure Bond. Get insights into infrastructure projects from India’s premier bank – State Bank of India.
Register your unit for ESI registration & inspection on MCA portal quickly & easily. New Companies registered from Feb. 15th 2020 comply with the Act mandatorily, regardless of thresholds limits.
CESTAT Delhi held that supply of ISO Tankers on lease/rental basis by foreign suppliers to the appellant would amount to a deemed sale and accordingly reverse charge not applicable on the same under ‘supply of tangible goods for use’.
During the course of Inquiry, it is observed that Company is eligible company to appoint Internal Auditor but failed to do so as per the requirement Section 138 of the Companies Act, 2013 read with Rule 13 of the Companies (Accounts) Rules, 2014. As the turnover of the Company Exceeded 200 crores during the financial […]
ICAI announce that next Chartered Accountants Foundation, Intermediate and Final Examinations will be held on the dates and places which are given below provided that sufficient number of candidates offer themselves to appear from each of the below mentioned places.