There are nine papers CS aspirants must pass for cracking the CS Professional Program. Paper 2, which is part of Module 1, covers the broad topic of CS Professional Advanced Tax laws, covering both direct and indirect taxes. In this article, we’ve covered preparation tips for advanced tax law from CS professionals. CS Professional advanced […]
Ministry of the Corporate Affairs vide notification dated January 22, 20219 inserted the Explanation under rule 16 of the Companies (Acceptance of Deposits) Rules, 2014. This clarified that every company other than the Government Company required to file form DPT-3 on an annual basis for those transactions which are not considered as deposits i.e. for […]
As per Section 12 of the Companies Act, 2013, any Change in the Registered Office of the Company, shall be reported to Ministry of Corporate Affairs, further many companies due to various reasons tend to change their Registered Office of the company. A. PROCESS OF SHIFTING OF REGISTERED OFFICE WITHIN LOCAL LIMITS OF THE CITY. […]
Do all past statutory liabilities get wiped out after the Resolution Order by the NCLT ? Though the whole idea of the Insolvency & Bankruptcy Code (I&B Code) is based on ‘Yes’ as the answer to the above headline question, the law enforcement agencies, in absence any finality to the interpretation of law on this […]
Any person who wishes to act as a Research Analyst must apply to SEBI for registration before undertaking any activity as Research Analyst. In order to proceed with the application you must ensure that you are falling under the purview of SEBI (Research Analyst) Regulations, 2014 (RA Regulations). Otherwise, you are not required to apply. […]
The Central Goods and Services Act 2017, was admittedly an Act which drew inspiration from the earlier laws, and also brought in concept to nullify issues brought up due to jurisprudence of past Acts. But, while trying to iron out the wrinkles of the past, could it have unintentionally brought in issues for the future? […]
The digital data has ingrained itself as an integral part of modern business. It has transformed the way business is conducted and opened grand vistas. With opportunity however, comes responsibility. The cyber world has unfortunately plenty of potential for someone with malicious intent. With remote working and increasing cyber attacks it is critical that we […]
Facility to file annual return in Form GSTR-9 for FY 2020-21 is now available. Please ensure that all applicable returns of the said year have been filed before attempting to file the said return. Following detailed questions pertains to GSTR-9 for FY 2020-21:- Who is required to file GSTR-9 for FY 2020-21? Every registered person (other than those registered persons […]
Taxability of Compensation and interest on compensation received from Govt or Insurance companies Generally compensation is paid by insurance company or Govt on account of any damage to property or human being on an accident or similar incidents. Example of compensation paid by Govt: On compulsory acquisition of land for development of infrastructure or other […]
The Appellant contended that, being an LLP is not covered in definition of ‘body corporate’ and hence not liable to pay service tax under reverse charge mechanism (RCM), as applicable to a body corporate in terms of Notification No. 30/2012-ST dated June, 2012.
