Company at its Board Meeting convened on 05.04.2021 unanimously accorded its approval for grant of 327 options under the Scheme to identified employees during the Financial Year-2021-2022 which exceeds 1% of the issued capital of the company.
YouTube requires all monetizing creators to provide tax information by submitting a tax declaration. This tax declaration is necessary for YouTube to comply with tax laws and regulations, and to report earnings to the relevant tax authorities.
Understand the key discussions on Ind AS-1 regarding the presentation of financial statements, including objectives, scope, definitions, and structural elements.
User manual for getting registration certificate of Sawmill in Andhra Pradesh (A.P), India. Registration of Wood Based Industries Under Rule (8) of Wood Based Industries (Establishment & Regulation) Rules, 2018 (G.O.MS.No.48 EFS&T Dt: 05.05.2018) Step 1: User has to click on the URL http://www.fmis.ap.gov.in/Sawmill Step 2: New user has to click on For New User […]
The reversal of input tax credit of GST refers to the situation where a business needs to reverse the credit of the input tax that they have claimed earlier.
CESTAT Ahmedabad held that services provided to the State of Jammu & Kashmir are not liable to service tax, as Section 64 of Chapter V of Finance Act, 1994 excludes the applicability of service tax to the state of Jammu and Kashmir, hence these services are neither taxable nor exempted.
ITAT Mumbai held that assessee furnished the return of income and audit report only after issuance of notice under section 148 of the Income Tax Act. Accordingly, penalty under section 271B of the Income Tax Act not leviable as failure was due to ignorance and misguidance.
In re JCP Agro Process P Ltd. (GST AAR Gujarat) In case of purchase of tobacco leaves/bhukko from the agriculturist, the applicant is liable to pay GST on RCM basis at 5% [2.5% CGST and 2.5% SGST] in terms of[Notification No. 1/2017-Central Tax (Rate), dated 28-6-2017], Sr. No. 109 of Schedule I. Applicant is liable […]
AAR hold that impugned goods i.e. PVC floor mats for use in cars supplied by applicant is classifiable under CTH 8708 & applicable rate of GST would be 28% [14% each of CGST and SGST].
The erstwhile MVA Government had announced the Amnesty Scheme for waiver of tax, interest and penalty payable under the MVAT and allied laws and the period was from 01/04/2022 to 30/09/2022.
