Explore the necessity of Committee of Creditors approval for the appointment of Transaction/Forensic Auditor under Section 18 of the Insolvency and Bankruptcy Code, 2016. Understand the role of Forensic Auditors in identifying PUFE Transactions and ensuring compliance with IBC regulations.
Audit documentation means records of audit procedure performed by an auditor during an audit procedure. sometimes it is also commonly known as ‘working papers of an auditor’.
Stay informed with the top 15 income tax amendments applicable from April 1, 2023. Explore changes in tax regime, rebate limits, default tax rules, gold conversion, deemed gifts, life insurance policies, leave encashment, and more. Expert insights for effective financial planning and compliance.
Explore the changes in the law for reopening assessments under Section 147 from April 1, 2021. Understand the salient features, time limits, and what to do if you receive Notice u/s 148A(b). Get expert insights for effective navigation.
Understand the implications of a Notice under Section 148 of the Income Tax Act, 1961. Learn when it is issued, who can issue it, and the time limits involved. Stay informed to navigate tax assessments effectively.
Discover the taxation changes for online game winnings under Section 115BBJ and Section 194BA introduced by the Finance Bill, 2023. Stay informed about the 30% TDS on net winnings from games like Dream11 and Rummy, applicable from July 1, 2023. Ensure compliance to avoid penalties.
Trademark is a unique symbol or sign which may be a combination of colors, words, designs for identification of your goods or services. Trademark registration can be obtained under the Trademarks Act, 1999 through government website ipindia.gov.in
Discover the comprehensive list of documents required for shifting the registered office from one state to another under the Companies Act, 2013. Ensure a smooth transition by preparing the necessary paperwork.
From the combined reading of sections 2(62) and 2(63) we understand that tax paid in the form of CGST, SGST\UTGST, IGST for procurement of goods or services by a registered person including GST paid under RCM method for import and inward supplies will be called as Input Tax Credit.
Due to initiation of Japanese taxation in my earlier articles, let me narrate the steps taken by Jetro, Japan external trade organization (web page with official tax information), and National Tax Agency to update our knowledge for the tax year 2022, particularly in view of G 20 Taxation compilation merging with Indian presidentship of the same.