Annual Information Statement (AIS) – Income by long-term capital gain (LTCG) from units by an offshore fund u/s 115AB(1)(b) With its recent roll-out, the Annual Information Statement is currently the latest talk of the town. Due to its comprehensive coverage, it has started creating havoc amongst the taxpayers. Broadly speaking, the Annual Information Statement is […]
Annual Information Statement (AIS)- Income and long-term capital gain (LTCG) from foreign currency bonds or shares of Indian companies under section 115AC Rule 31AB covering the provisions relating to Form 26AS was omitted vide the Income Tax (Eleventh Amendment) Rules, 2020. Correspondingly, rule 114-I was inserted in the Income Tax Rules. According to new rule […]
Introduction : Baghban was a Decent film released in the year 2003 which showcased the life of Retired Bank Manager beautifully essayed by Big B along with his onscreen wife essayed by Mrs Hema Malini who had spent all the money earned on raising their ( 3 +1) Male children who almost disown their parents […]
SEBI expands the ambit of Business Responsibility Reporting (BRR) by notification No. SEBI/LAD-NRO/GN/2019/45 dated 26.12.2019 (Securities and Exchange Board of India – Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2019. Before discussing the amendments, first we understand the concept and relevant provisions. What is Business Responsibility Reporting? Business Responsibility Report is a disclosure of […]
Property investment isn’t as straightforward as it once was. With traditional banks hesitant to grant loans to those who want to invest in development projects, finding the money to invest can be hard, especially if your money is already tied up in other investments.
As we move to the next cycle of Faceless Assessment under Income Tax, here’s a primer on the procedural aspects guiding the taxpayers through the compliance process, for a seamless experience. To ensure seamless communication, taxpayers should update their contact details including e-mail ID & phone number provided to the Income Tax Department and access […]
Learn how to add a legal representative for a deceased person on e-filing 2.0. Understand the legal provisions and documents required for this process.
An important tool for protecting a business from unauthorized use and infringement is known as Trademark registration. This process in India has been simplified by the Indian government. Entrepreneurs can now easily register trademarks for their brands in a matter of months. In this article, we’ll look at the documentation needed to register a trademark […]
Part I – Law(s) Governing the eForm INC-22A Section and Rule Number(s) Rule 25A: Active Company Tagging Identities and Verification (ACTIVE).- (1) Every company incorporated on or before the 31st December, 2017 shall file the particulars of the company and its registered office, in e-Form ACTIVE (Active Company Tagging Identities and Verification) on or before […]
Part I – Law(s) Governing the eForm CSR-1 Section and Rule Number(s) eForm CSR-1 is required to be filed pursuant to Section 135 of the Companies Act, 2013 and Rule 4 (1) and (2) of the Companies (Corporate Social Responsibility Policy) Rules, 2014. Purpose of the eForm CSR-1 In accordance with the Companies (Corporate Social […]
