Delhi High Court grants provisional enrolment to Sandeep, a Delhi Jal Board Senior Assistant, for AIBE-XVII, citing Supreme Court directions. Details of the hearing.
N R Agarwal Industries LTD Vs C.C.E. & S.T. (CESTAT Ahmedabad) Limited issue involved is whether the appellant is eligible for Cenvat credit in respect of Rent-a-Cab service. Both the lower authorities have denied the Cenvat credit on the ground that the said service is excluded for allowing the Cenvat credit as per exclusion Clause […]
HUF is owner of the said agricultural land though it is registered in the name of the coparcener, as the HUF is enjoying all the benefits of the said agricultural land.
Filing ITR-U Return in India: Discover the benefits, process, and additional income tax payable. Learn about the updated return facility introduced in Union Budget 2022 under Section 139(8A) for taxpayers who missed the ITR due date. Understand the conditions, benefits, and calculation of additional tax payable. Stay informed and compliant with the tax laws.
Understand the tax implications of arrears of salary and explore relief options under Section 89(1). Learn the calculation process for tax relief and the importance of filing Form 10E to claim relief. Stay informed about taxability, provisions, and steps to ensure a smooth process.
Discover the significance of Form No. 12BB in the context of submitting Income Tax returns for salaried individuals and pensioners. Learn about the details required and how it aids in estimating TDS on Salary. Stay informed about the rules and regulations to ensure a smooth tax filing process.
A company opting for special rate taxation under section 115BAA and 115BAB of the Act are exempt from paying MAT. Further, a company, being a unit of an International Financial Services Centre (IFSC) and deriving its income solely in convertible foreign exchange, will be required to pay MAT at 9% (plus cess and surcharge as applicable
Change in control is an integral part of transitioning to a digital and automated future. The process comes with a number of benefits and risks, which need to be carefully managed to help firms get the best out of their circumstances. Any organization going through a change in control should ensure that it is conducted to the highest standards, with the interests of all stakeholders in mind.
Exemption is provided upto Rs 7500 per month per member in case a society sources goods and services from third person for common use of its members. Eg (payments to security, cleaners, accountants etc).
The Ministry of Corporate Affairs (MCA) on January 20, 2023 inline with the Migration of forms from its V2 Portal to V3 Portal, issued the Companies (Appointment and Qualification of Directors) Amendment Rules, 2023 (Rule) which is effective from January 23, 2023 amending the Rule 14 of the Companies (Appointment and Qualification of Directors) Rules, […]