Understanding the tax implications of employee and employer contributions to provident fund. Learn about the deduction, disallowance, and reallowance under the Income Tax Act.
The principle that the company is an artificial person having a separate legal entity from that of its shareholders and members forms the basic foundation of corporate governance
Understand the difference between Indian Accounting Standards (Ind AS) and Accounting Standards (AS). Explore the changes and benefits of Ind AS for financial statement preparation.
High Court held that IBC law overrides Income Tax law. The assessment proceedings initiated by the Income Tax Department for the assessment year which is covered by the date of resolution plan approved by the NCLT is not permissible as per IBC and hence, notices issued during the said period are liable to quashed.
Form DPT-3 shall be used for filing return of deposit or particulars of transaction not considered as deposit (exempted deposits) or both by every company other than the companies mentioned above. Such deposits and exempted deposits that are outstanding as on 31.03.2022, needs to be reported.
Understand the recovery of interest without adjudication under GST. Learn about the provisions and procedures for tax recovery in the CGST Act.
Learn how to report the transfer of shares between a resident and non-resident as per the Foreign Exchange Management Act and Regulations.
India is fast becoming one of the world’s largest connected nations – with over 80 Crores Indians presently connected and using the Internet and cyberspace – and with this number expected to touch 120 Crores in coming few years. The Internet also represents an important part of our Economy –
Money laundering is the most organized crime. It has been creating a lot of problems in our country. Section 3 of Prevention of Money-laundering Act, 2002 [here-in mentioned PMLA, 2002] defines Money-laundering. Laundering means to clean something, here the launderer cleans illegally obtained funds which have been generated through criminal activity and allow this dirty money to be used in the economy.
Understand the scope and meaning of supply under Goods and Services Tax (GST). Learn how GST has simplified the taxation system in India.
