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Ca Pankaj Kumar Sharma

Latest Posts by Ca Pankaj Kumar Sharma

Benami Transactions – Meaning and Consequences

July 5, 2020 28507 Views 1 comment Print

Benami transaction means; a transaction or an arrangement, where the property is transferred to or held by a person, and consideration for such property has been provided or paid by another person.

Time of Supply in GST

June 15, 2017 6243 Views 0 comment Print

Time of supply is that event in which month liability to pay tax arise. In the absence of same law may be void.

Place of Supply under GST

May 19, 2017 7023 Views 2 comments Print

Goods & Services Tax (GST) is a destination based consumption tax, mean tax should effectively where consumption of such supplies at destination thereof or as the case may at point of consumptions.

Guide to Setting up Branch Office in India by Foreign National

April 4, 2017 2061 Views 0 comment Print

Two copies of the Certificate of Incorporation / Registration, Memorandum & Articles of Association of parent company duly attested by the Notary Public in the country of registration [If the original Certificate is in a language other than in English

Guide to Foreign National to do business in India

April 4, 2017 1428 Views 0 comment Print

Foreign National have to decide in what form it wants to do business in India keeping in mind the Pros or Cons of each type of available option along with the its requirement. A branch office is not allowed to carry out manufacturing activities on its own but is permitted to subcontract these to an Indian manufacturer. Branch Offices established with the approval of RBI, may remit outside India profit of the branch, net of applicable Indian taxes and subject to RBI guidelines Permission for setting up branch offices is granted by the Reserve Bank of India (RBI)

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