Sunil Kumar Sharma fined ₹1,60,640 for violating Section 155 of Companies Act, 2013 by holding multiple DINs. Penalty details and appeal info included.
GST introduces RCM Liability/ITC Statement for accurate RCM reporting. Deadline for opening balance is 31st Oct 2024, with amendments allowed until 30th Nov 2024.
Learn about the Annual Information Statement (AIS) and Taxpayer Information Summary (TIS). Find out how to access them and what information they include.
Understand agricultural income rules under Section 2(1A) and Rule 7. Learn about income eligibility, deductions, and tax treatment for different agricultural products.
From Sept 2024, taxpayers must update valid bank account details in GST registration to file GSTR-1/IFF for Aug 2024 onwards. Non-compliance will block filings.
In the landscape of finance, Peer-to-Peer lending (P2P) has emerged as one of the best alternative investment options, revolutionizing the way individuals and businesses access funding.
Learn about the Faceless Income-Tax Proceedings, including e-Proceedings features, differences from manual assessments, and how to handle rectifications and outstanding demands.
Learn about the compounding of offences under direct tax laws, including eligible offences, competent authorities, and the process involved.
IBBI proposes amending CIRP regulations to require MSME status disclosure in the Information Memorandum to reduce resolution process uncertainties.
CESTAT Mumbai overturned the service tax demand on Hindustan Construction Co., ruling that reimbursements to group companies do not constitute taxable services.
