ITAT held that in no case entire sales amount can be treated as income and only profit embedded should be treated as income for computation of income under Income Tax Act, 1961
Unveiling the truth behind chit fund companies’ malpractices. Explore the recent swoop on these entities, exposing financial irregularities. Learn about delays in prize money payments, a violation persisting for decades. Stay informed and protect your interests.
Stay informed with the Monthly GST Newsletter for December 2022. Get updates on important clarifications, amendments, and compliance timelines issued by the Government on GST. Stay ahead with the latest in tax regulations.
File Form ITR-A seamlessly for business reorganisation under section 170A. Learn about eligibility, rules, and modifications in the Income Tax Rules, 1962. Stay compliant with the latest regulations.
Explore the FAQs on IFSCA (Fund Management) Regulations, 2022, unraveling the intricacies of Fund Management Entities (FMEs). Learn about the categories of FMEs, types of schemes they can launch, eligibility conditions, and the procedure for obtaining registration. Delve into the details of Venture Capital Schemes, their legal forms, investor criteria, corpus size, and investment restrictions.
Unlock the details of Gujarat Professional Tax & Amnesty Scheme-2022. Explore the nuances of professional tax in India and how Gujarat’s recent amnesty scheme offers relief to taxpayers. Understand rates, types, and the registration process. Check out the benefits, payment methods, and the newly revised tax rates effective from April 2022.
Get detailed insights into GSTR-9 Annual Return filing for FY 2021-22. Understand the summary, categories, and tables including Outward Tax Liability, Input Tax Credit, Tax Reconciliation, and more. Ensure accurate reporting and compliance.
Slump sale is one of the most preferred ways of carrying out mergers & acquisitions deals where assessee transfers the entire undertaking or division for a lumpsum consideration without considering the individual values of the assets and liabilities.
A dividend is a portion of a company’s profits that are given to each shareholder. The Board of Directors determines and declares the quantity and quality of dividends. A dividend can be final or interim; the former is announced at the conclusion of the fiscal year, while the latter is announced on a quarterly or semi-annual basis.
Discover legal remedies for GST ITC disallowance due to mismatch between GSTR-3B & GSTR-2A. Explore grounds of appeal against demands, interest, and penalties. Learn about eligibility conditions under Section 16 of the GST Act. Get insights into relevant court cases for a better understanding.
