AAR ruled that ITC is admissible for goods purchased from outsourced vendors when consideration is settled through book adjustment, subject to conditions outlined in Sections 16, 17 and 18 of CGST Act and their corresponding rules.
CIN in relation to a Company stands for Company Identification Number. CIN is a 21-digit alphanumeric code assigned to a Company by Registrar Of Companies (ROC) to companies registered in India under Companies Act, 2013.
“Learn about stock market transactions in India, types of trades, taxation rules, and turnover calculations. Understand tax audit requirements for investors and traders
Explore how software development is revolutionizing tax management, offering accuracy, efficiency, and compliance. Learn the importance of tax management, role of software development, streamlining tax processes, ensuring compliance, benefits of software development, and the role of AI and automation. Address challenges in implementation for a seamless transition. Transform your tax management with cutting-edge software solutions.
The Digital Personal Data Protection Bill, 2022, introduced by the Indian government, emphasizes lawful, fair, and transparent use of personal data. Explore key principles, features, rights of individuals, cross-border data transfer, financial penalties, exemptions, and its significance. Stay informed about India’s strengthened data protection regime.
IBC is the second most crucial reform in the legal setting of India. It is because IBC is not only making India emphatically powerful in the field of the legal environment but also provides a new identification and recognition at the global platform economically.
Explore the differences between tax planning, tax evasion, and tax avoidance. Understand how tax planning legally optimizes tax liabilities, while tax evasion involves illegal actions. Tax avoidance navigates legal loopholes, sparking ethical debates. Comply with tax laws and maintain ethical practices.
A comprehensive exploration of India’s distressed asset markets, highlighting the crucial role of the Insolvency and Bankruptcy Code (IBC) in transforming distressed assets into investment opportunities in the rapidly evolving Indian economy.
SEBI revises BRSR format and introduces BRSR Core Assurance for listed entities and value chain partners. Learn about the applicability and changes in the revised format.
As businesses expand across multiple locations and involve various users in their operations, ensuring compliance for TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) becomes increasingly complex.
