1. Every Company who get supplies of goods or services from Micro or Small enterprise supplier and whose payments to such entities remain due for more than 45 days from the date of acceptance or the date of deemed acceptance of the goods or services shall submit a half yearly statement in Form- 1 MSME […]
1. This move by the Government of India is an integrated part of the colossal drive against shell companies to eradicate the use of companies in generation and accumulation of black wealth. This will also promote good corporate governance and companies will be cognizant of the legal compliances. It will also embark on a new […]
Analysis of Section 44AD Along with Apposite Provisions Of Income Tax Law And Practical Cases In this article, author will try to clarify the haze amidst different opinions and interpretations of the Section 44AD and apposite provisions of Income Tax law. This article will mainly focus on the throbbing aspects concerning provisions of Section 44AD […]