Intra-head adjustment allows taxpayers to set off losses from a specific source against income from the same head. For instance, loss from one business can be adjusted against profit from another business.
Learn how to claim Input Tax Credit (ITC) when an unregistered supplier becomes liable for registration under GST. Follow the procedure, calculations, and rules for ITC eligibility and filing Form GST ITC-01
Explore the intricacies of ISD and Cross Charge in GST with CA Sagar V Shah. Delve into Circular No. 199/11/2023-GST, dissecting the taxability of internally generated and third-party services. Gain insights into the nuances, including the treatment of salary costs and the distribution of ITC. Unravel the complexities to make informed decisions in your business. Contact CA Sagar V Shah for expert advice. Disclaimer: This content is for informational purposes only and not professional advice.
Learn about the mandatory documents required for obtaining a Legal Entity Identifier (LEI) for compliance with MiFID II and RBI regulations. Simplify identification in financial transactions with this unique 20-symbol code.
Discover the crucial documents needed for a successful secretarial audit, including memorandums, financial statements, appointments, and statutory registers. Learn about compliance and verification.
Jio Financial Services and BlackRock form Jio BlackRock, a $300M joint venture, aiming to revolutionize India’s asset management industry digitally.
Explore 25 FAQs on Significant Economic Presence (SEP) for Non-Residents in India. Understand the impact of SEP on digital and e-commerce business models, reasons for its application, income tax implications, criteria, challenges, and immunity through Double Taxation Avoidance Agreements (DTAA). Stay informed about legal obligations, special roles for professionals, and the governments challenges in managing income tax leakages in the digital and e-commerce sectors. Expert insights for NRs operating in India.
Starting a business is capital intensive, and business owners must have sufficient funds to cover all types of costs. These include business expenses, such as employee salary, merchant payments, buying machinery, workspace rent, and so on.
Tata Motors makes a historic decision to cancel DVR shares, simplifying its capital structure after 15 years. Explore the impact on shareholders, taxation details, and the company’s innovative journey.
Embark on a transformative journey with SME IPOs, unlocking benefits like enhanced equity capital access, simplified processes, and strategic advantages for PE investors. Explore the art of brand building and propel your SME to unprecedented success.
