Learn more about RCM applicability on Residential dwelling under GST. Find out how two parties, Mr. A and ABC Co. A, may be impacted. Notification No. 05/2022- Central Tax (Rate) helps you understand the transaction under GST.
Gifts in India are cultural aspects handed down from generations. Learn the in-depth analysis of taxation of gifts and how lawmakers are trying to tackle the issue.
Faceless Assessment – Get to know its advantages & disadvantages with the Government of India’s initiative to reduce taxpayers’ compliance burden. This blog post gives an overview of the scheme.
Although the terms merger and acquisition are commonly associated, there are some differences. A merger unifies two entities into one, whereas an acquisition includes one company purchasing and acquiring another.
Appointment of foreign nationals from countries sharing a border with India as directors. Learn how the Government of India is making sure that national security is a priority.
ITAT Held that, only 10% of the purchase would be added to the Appellant’s income in case where the Appellant was unable to prove the supplier’s identity. Further remanded back the matter for verification.
A comprehensive guide on understanding and calculating your Annual Returns for GST Audit Series (Part 7), including 50 Important and Practical FAQs.
Understand GST Annual Return & Form GSTR-9 filing for FY 2021-22. Get key information like deadline, details & exemptions. CGST Rules, 2017 apply.
The determination of residency is first step in the whole process of finalizing tax aspect of certain transaction. One need to ascertain that if any income is accrue/arise or deemed to accrue/arise in India in terms of Section 4,5 and 9 of Income tax Act.
Understand the implications of Section 185 of the Companies Act, 2013 with regard to loans, guarantees and securities extended to directors. Prevent misuse of public funds and issue proceeds from private businesses of directors.
