Understand the concept of One Person Company (OPC) and its provisions under Companies Act, 2013 with this article. All questions answered.
Understand the differences between old and new income tax regime and decide which taxation scheme suits you best with our guide. Old Vs New Income Tax Regime – Which is beneficial to me
Higher rate of tax was prescribed in section 115BBE through an amendment made vide Taxation Laws (Second Amendment) Act, 2016 and the said amendment received assent of the President of India on 15.12.2016 and therefore the amendment shall apply prospectively w.e.f. 15.12.2016 and not retrospectively.
No TDS is required to be deducted on EDC payments made to HUDA, as these payments were made on the directions of DTCP which are deposited with the Consolidated Fund of State,
Link your PAN with Aadhaar to avoid becoming invalid after 31st March 2023. Get your Aadhaar and PAN linking done before the deadline. Last date to link is 31st March 2023.
Understand the new Critical Examination of Section 115BAC – New Tax Regime from the latest Union Budget. Learn about the applicability, rate of tax and more.
Learn the difference between Dormant & Strike Off companies according to Section 455 of the Companies Act 2013. Understand how a company can become an inactive company & obtain the status of a Dormant Company.
Satyam fraud case serves as a cautionary tale that highlights the importance of corporate governance and the responsibilities of the board of directors, independent directors, and audit committee in ensuring the transparency and accuracy of a company’s financial statements.
ITAT Mumbai held that provisions of Article 24 of DTAA between India and Singapore will be applicable only when condition no. 1, condition no. 2 and condition no. 3 in paragraph 4.2 are satisfied simultaneously. Here as condition no. 1 is not satisfied, DTAA would not be attracted in case of GCC.
CESTAT Mumbai held that offence of money-laundering committed by an individual with a deliberate design with the motive to enhance his gains, disregarding the interests of nation and society as a whole and which by no stretch of imagination can be termed as offence of trivial nature.
