The Accounting Standards Board issues an Exposure Draft of International Tax Reform—Pillar Two Model Rules, proposing Amendments to AS 22 for deferred tax asset and liability recognition. Comment by August 25, 2023.
CESTAT Chennai has ruled in favor of SDS Ramcides Crop Science Pvt. Ltd., allowing them to re-export the imported insecticides without payment of redemption fine and penalties.
UDIN is a 17 digit system generated number which is used to verify the authenticity of documents attested / certified by a Company Secretary in Practice.
Comprehensive guide on how to surrender a Director Identification Number (DIN) in India, according to the Companies Act & Rule 11 provisions.
Delve into the legality of surrendering a Director Identification Number (DIN) after a company strike-off. Learn about the conditions and implications involved.
Explore whether an individual can hold more than one Director Identification Number (DIN) in India. Understand the legal provisions, consequences, and solutions.
Understand who must submit an income tax return for AY 2023-24, due dates, forms to use, and late fee provisions. Essential tax filing guide here
CESTAT Chennai has ruled that ‘Natural Rock Phosphate’ imported goods are not considered as ‘fertilizers’ under the FCO, making them ineligible to claim exemption of SAD under the specified notification.
The assessment of working capital requirement of borrowers, other than micro and small enterprises, requiring fund based working capital limits up to ₹ 1 crore and micro and small enterprises requiring fund based working capital limits up to ₹ 5 crore from the banking system may be made on the basis of their projected annual turnover.
As per data shared by the Union Minister of State for Finance, Shri Pankaj Chaudhary, the majority (89%) of these notes were issued prior to March 2017. The volume and value of the ₹2000 banknotes have seen a gradual decrease since their peak in 2018.
