Understand the FLA Return requirement for Indian companies with foreign investments. Learn about the provisions and applicability of this annual return.
Explore the open issue of TDS Section 194H – whether on payment of commission or on discount given. Get insights on this unresolved matter after 15 years.
A critical analysis of the recommendations made during the 47th GST Council Meeting. Gain insights into the changes in rates, laws, and procedures in GST.
The GST Council on Wednesday deferred decision on levying a 28% tax on casinos, online gaming, horse racing and lottery which is 18% at present.
Explore the top commodities exported from India and their dollar value. From petroleum products to jewelers, discover the key players in India’s export market.
Thus, note that reporting was kept in abeyance if tax audit report was filed before 31.03. 2022.Hence for F.Y 2021-22 reporting of the above-mentioned clauses is mandatory now from 01.04.2022 subject to any change and extension as and when notified by the Income tax Department of India.
Explore whether the functioning of NFAC serves its intended purpose. Find out how the assessment orders and litigation are affected.
CBIC notified the provisions of Section 110 and Section 111 w.e.f. 01.08.2021, by exercising its powers conferred under the ambit of law. Consequential effects unlatch the prerogative of Chartered Accountant/Cost Accountant over authorization to audit books of accounts and reconcile financial audit figures with GSTR monthly returns data.
Understand Related Party Transactions and the recent amendments in LODR, 2015. Learn about the definition of related parties and their implications for private, unlisted public, and listed companies.
Understand Section 194H and its implications on tax deductions for brokerage or commission payments. Learn about the criteria and requirements for TDS deduction.
