Discover the parallels between Ganesh Chaturthi and income tax audits. Learn how audits remove uncertainties, boost financial transparency, and pave the way for success.
Delhi High Court held that Amazon Web Services India Pvt. Ltd. (AWS India) is liable to withhold 8% (instead of 16%) tax of remittance on account of reseller fee paid to AWS USA.
Dive into the recent Patna High Court ruling on CGST Act Section 16(4). Explore the analysis of the judgment, addressing constitutional validity, procedural nuances, and implications on Input Tax Credit (ITC). Understand the key arguments presented by the petitioner and respondent. Uncover the court’s decision and its far-reaching consequences for taxpayers and businesses. Stay informed on the complexities surrounding denial of ITC and the potential financial setbacks for registered business owners. Disclaimer: The views expressed are for informational purposes; consult a professional for advice.
CESTAT Bangalore held that section 149 of the Customs Act, 1962 allows amendment of a Bill of Entry after the clearance of the goods only on the basis of documentary evidences which were in existence at the time the goods were cleared for home consumption. In absence of the same, the amendment is unjustified.
Supreme Court held that a successful resolution applicant cannot be faced with undecided claims after the resolution plan has been accepted. Accordingly, claim filed after resolution plan accepted by CoC untenable.
Explore the fundamental rights of equity shareholders, including voting rights, dividend entitlements, and legal protections. Understand the tax implications of equity shares in India.
Explore the complex issue of whether Corporate Social Responsibility (CSR) expenses can be claimed as Input Tax Credit (ITC) under India’s GST framework. Get insights on the intersection of CSR and tax compliance.
Learn how SAS 1400 facilitates land and property access for disadvantaged communities. Explore the social audit process, key metrics, and impact assessment.
Unlock the compliance guide to auditor appointment and removal under the Companies Act, 2013. Dive into the nuances of appointing the first auditor, subsequent auditors, and managing casual vacancies. Explore the procedural intricacies, from obtaining consent to filing relevant forms. Learn the steps for removal and resignation of auditors, including special notices and government approvals. Enhance your understanding to ensure transparent and accountable financial reporting, fostering trust in financial markets. Disclaimer: This article provides informational content and not solicitation. For professional advice, consult a qualified expert.
Know the challenges in Form 10B/10BB filings in 2023 and Income Tax Bar Association in Jalandhar appeal for deferment or extension.
