Discover the crucial steps and legal framework for appointing Additional Directors in a company, governed by Section 161 of the Companies Act, 2013. Explore the significance of a Board Resolution, its format, and the steps involved in the appointment process. Ensure compliance and smooth integration of additional expertise into your company.
GST and Insolvency and Bankruptcy Code have almost a contemporary beginning. GST Laws (as also other tax laws) are being synced with IBC. Nevertheless, overriding effect of IBC over other laws is obvious.
Confused about being taxed in two countries on same income? Learn how Double Taxation Avoidance Agreements (DTAA) and Foreign Tax Credit (FTC) can help you navigate this complex issue.
Weigh the benefits of exporting goods with tax payment vs without tax (Bond/LUT). Learn how choosing the right option can significantly impact your profits.
Learn about how Jac Olivol Body Oil was classified under GST in India: GST @ 28% for its primary function of care of skin not cure of skin.
Exploring legal intricacies of Total Energies Marketing India Pvt. Ltd. vs Commissioner of GST & Central Excise case ruled by CESTAT Chennai regarding LPG storage and service tax.
Delve into newly introduced Electronic Credit and Re-claimed Statement on GSTN. Learn its importance and role in simplifying tax compliance for Indian businesses.
Assessee argued that since they were subject to audit under the Maharashtra State Co-Operative Act, their due date under Section 139(1) of the Income Tax Act was extended to October 31, 2018. Thus, they filed their ITR well within the time limit.
Another new feature in GST Common Portal has been introduced by GSTN in the form of Credit Reversal and ITC Reclaimed Statement. This is a powerful tool designed to streamline your ITC reporting process and manage ITC Balances accurately which is of utmost importance to ensure accurate compliances.
An in-depth analysis of the Calcutta High Court’s decision in Anuj Bakshi Vs ACIT. The court set aside an Income Tax order due to violations of Natural Justice principles.
