"Manish Gupta is the Founder of Manish Anil Gupta & Co. He is a qualified Chartered Accountant and Fellow member of Institute of Chartered Accountants of India with more than 11 years of experience in the industry. During his professional journey, he has gained in-depth experience in the areas of International Taxation, Expatriate Taxation, Transfer Pricing matters, and Corporate Taxation. His other core areas of expertise also include Auditing, Assurance, Corporate compliances and litigation matters. A well-known professional for his skills in delivering innovative ideas and efficient tax planning to clients in growing their businesses. He carries expertise in successfully providing a roadmap and financial strategies to new Indian startups and new entrants from international borders who want to set up their business in India. He is a future- oriented leader who looks forward to fulfilling his Corporate social responsibilities by imparting the skill among the youth and providing them livelihood opportunities."
REGULATORY PROVISIONS RELATED TO DIRECTORS A company is created by law and is an artificial judicial person having its distinct entity. Though the company is bestowed with the characteristic of a separate legal entity, it cannot make the decisions on its own. Here the most crucial role is played by the directors of the company. […]
Introduction In this article, we would touch upon a comprehensive analysis of the Electronic Commerce industry along with the relevant aspects which are likely to impact their business operations. As per Section 2(45) of CGST Act, 2017, “electronic commerce operator means any person who owns, operates or manages digital or electronic facility or platform for […]
Higher TDS for Income Tax Return Defaulters w.e.f. 01.07.2021-Decoding section 206AB Have you filed ITR for the previous two years? If not, then this article can disappoint you. This is the hard truth that income tax department has introduced a new section 206AB effective from 01.07.2021 that ensures higher deduction of TDS of the payees […]
In this present scenario of countries being connected globally, corporates are also getting globalised increasingly. When corporates start working on a global scale, they get connected with people across countries. Nowadays, it is quite normal for companies to have their directors and stakeholders residing in far-flung areas. It is not easy and convenient for them […]
International Trade is one of the main pillars of economic growth. In this globalization era, both imports & exports play a vital role in the development of growing economies like India. Although, one can argue that an economy should export more & import less since the more a country exports, the more domestic economic activity […]
1. Log in to the e-Filing portal using your user ID and password. Considering the tendency of taxpayers to evade the payment of taxes, Income Tax provisions provide for the collection of tax from the very source of income. Under this mechanism, the person responsible for making the payment is liable to deduct tax before […]
Direct Tax levied on the income of a corporate can be a considerable amount of money that has to be paid by the assessee to the government every year. But if the business is conducted keeping in mind various exemptions and deductions available for corporates under the Income Tax Act, 1961, the tax liability of […]
Forex Transactions indicate the sale and purchase of foreign currencies. It is an agreement of exchanging currency of one country for the currency of the other at an agreed exchange rate on a pre-determined date.
Key Changes in the Provisions of Income Tax Act, 1961 effective from 1st April 2021 and onwards The Finance Bill, 2021 received the assent of honourable President of India on 28th March, 2021 upon which it came to be known as the ‘Finance Act, 2021’. Like every year, this year also numerous amendments have come up […]
Forex Transactions refer to transferring funds from one country to another. There could be various personal as well as business-related reasons due to which funds are required to be remitted abroad. But have you ever wondered what the tax implications on Forex transactions are? What is the mechanism for paying tax on Forex transactions? Heard […]
