Understand tax implications of financing a wholly owned subsidiary through loans or equity, covering Sections 36(1)(iii), 57 of IT Act, and 186 of Companies Act.
Angel tax removal promises easier investments for startups. However, concerns over valuation, existing litigations, and tax authorities challenges remain unresolved.
Section 40A(3) restricts cash payments exceeding ₹10,000 in business transactions. Exceptions apply for specific cases like transporters, government payments, etc.
Captain Vikram Batra’s bravery in Kargil War is unmatched. Should the Bharat Ratna be awarded to him? It’s time for the government to decide or abolish the award.
The online application portal for Empanelment with UCO Bank of CA firms for Concurrent Audit will remain open from 09.09.2024 (10:00:00 hrs) to 16.09.2024 (16:59:59 hrs). Engagement of Chartered Accountant for conducting Concurrent Audit of UCO Bank [FOR THE PERIOD 01-10-2024 TO 30-09-2025] Last date for submission of application is 16-09-2024 16:59:59 hrs NOTIFICATION | Annexure-I | Annexure-II | Dos and […]
Circular No. 233/27/2024 clarifies IGST refund regularization for exporters who initially imported inputs without paying integrated tax and cess.
Circular No. 232/26/2024-GST; Dated: September 10, 2024 clarifies place of supply for data hosting services provided by Indian providers to overseas cloud service providers.
GST Circular 231/25/2024 clarifies input tax credit availability on demo vehicles used by authorized dealers, defining conditions under CGST Act.
Government clarifies GST implications on advertising services provided by Indian agencies to foreign clients. Understand place of supply and intermediary roles.
Explore the key recommendations made by the GST Council during its 54th meeting, including changes in GST rates, GoM formations, and exemptions on services.
