Explore intricacies of Related Party Transactions under AS 18 and Transfer Pricing in India. Understand control, influence, disclosure requirements and how arm’s length principle is applied.
EPFO grants a five-month extension to employers for uploading wage details regarding pension on higher wages. Learn about the latest deadline and compliance details.
Draft Rules on Gas Meters have been released for public feedback. Access the document on our Department’s website www.consumeraffairs.nic.in. Your valuable comments are invited until 12.01.2024. Kindly submit your insights to dirwm-ca@nic.in or ashutosh.agarwal13@nic.in.
Explore the latest amendments to Central Tax Rates in 2024. Notification 01/2017 updated with crucial changes. Learn about modifications, effective from January 4, 2024
Explore the latest amendments to Integrated Tax Rates with Notification 01/2024. Effective from January 4, 2024, the changes impact Schedule I – 2.5% for specified entries.
Explore the latest amendments to Union Territory Tax (Rate) through Notification No. 01/2024. Updated entries in Schedule I – 2.5% effective from January 4, 2024
Explore significant changes in reporting ITC reversal, reclaim, and opening balance in Electronic Credit Reversal statements. Updated procedures, due dates, and insights explained.
Discover transformative RBI Internal Ombudsman Directions 2023, enhancing grievance resolution for banks, NBFCs, NBSPs, and CICs. Key provisions and compliance details explained.
Verifying payroll expenses is a pivotal element in the audit process for firms. Robust audit procedures are essential to ensure the accuracy and completeness of payroll expenses, safeguarding the integrity of financial statements.
In the context of the Income Tax Act of 1961 in India, winnings typically refer to income earned through activities such as lotteries, crossword puzzles, races, card games, gambling, betting, or any other kind of game of chance or skill.