UNIFIED PAYMENTS INTERFACE is known as UPI. A real-time payment system makes interbank transactions easier by instantaneously moving money between two bank accounts using a mobile device or online banking platform.
Company covered under Section 135(1) of Companies Act, 2013 is required to spend 2% of Average net profits of company made during three immediately preceding financial years towards CSR
This paper, examines the topic ‘GST Process: Five Years of Iterative Problem Solving’ from the perspective of process efficiency and the ability of the system to correct by responding to feedback loops.
Get clarity on Section 73 of CGST Act, 2017 with frequently asked questions. Understand the determination of tax issues and penalties for non-compliance. Stay informed with our comprehensive guide.
NBFC Is a company registered under companies act 1956 or 2013, Engaged in business loans and advances, acquisition of shares/debenture /bonds issued by government or local authority
Understand the auditors responsibility in relation to audit trail effective from April 1, 2023. Learn the key definitions, implications for accounting software, and the audit approach. Stay compliant with the latest regulations.
Discover the overriding effect of IBC (Insolvency and Bankruptcy Code) over Income Tax and GST Acts. Supreme Court rulings and legal provisions explained. Stay informed on the legal landscape for corporate debtors.
Unravel the complexities of IND AS 12 – Accounting for Income Taxes. Understand its importance, workings, key considerations, and the required disclosures for accurate financial reporting.
In today’s digital age, data protection has become an essential aspect of our lives. The increasing reliance on technology and data storage has made data breaches and cyber-attacks more common than ever before. Therefore, it is crucial for individuals and organizations to stay ahead of evolving data protection.
Whether payment to shareholders out of sale proceeds of a property belonging to the company, to end dispute amongst the shareholder can be cost of improvement for computation of capital gains?
