GST compliance has been and will continue to be a challenging task. But we endeavor to make GST compliance easy for you all. With many deadlines for monthly/Quarterly returns approaching in the month of July’21, take note of these dates and stay GST compliant. This post provides GST Compliance Calendar for the month of July […]
We have once dreamed that there should be one tax for one nation and implementation of GST Act,2017 from 1st July,2017 has fulfilled our dream. GST has implemented whole of India and number indirect and direct taxes have been submerged into GST. In earlier tax regime ,there were cascading affect of taxes and each sate […]
HC declined to interfere in a matter and dismissed the petition of the assessee seeking rectification of the Form GSTR-1 for the period of January 2018 to March 2018, on the ground that the statute has provided a period of limitation for seeking rectification and held that the Court cannot condone the limitation period provided for rectification of GSTR-1 Form
Buying term insurance offline is starting to become a thing of the past! With increased access to the internet, it has now become possible to buy everything online, even your term insurance!
Whether Section 17(5)(h) covers inputs or outputs/Finished goods Case of loss of Inputs during manufacturing process in Madras High Court Ruling – Loss of input when consumed during manufacturing process – such loss is not covered by situations u/s 17(5)(h) – ITC reversal not required: HC (M/s. ARS Steels & Alloy International Pvt. Ltd., vs […]
Dynamic sector of Indian Economy MSME is the abbreviation used for Micro, small and medium enterprises. MSM Enterprises or small-scale industries (SSIs) are like a backbone of the economy of the developing country like India. The growth of these industries directly impacts the growth of the Indian economy in a positive way. Whether the company […]
STAGES INVOLVED FOR REGISTRATION OF TRADEMARK: 1. Application for registration For the registration of a trademark, an application is to be made to the Registrar. A single application can be made for the registration of a trademark for different classes of goods and services by paying a prescribed fee for each such class of goods […]
Annual General Meeting (AGM) is an opportunity for the shareholders to interact with the management of the company. Companies Act, 2013, as amended from time to time (Act) mandates all companies registered in India, other than One Person Company to hold an AGM during every calendar year, except in the year of its incorporation.
1. AUTHORITIES UNDER M.R.T.U. & P.U.L.P. ACT, 1971 Divided into Labour Court and Industrial Court which is tabulated below for seamless understanding:- Labour Court • Constituted under Section 6 of the Act • State Government shall by notification in the Official Gazette, constitute one or more Labour Courts, having jurisdiction in such local areas […]
Rule-8AC of Income Tax Rules, 1962- Computation of STCG And WDV U/S 50 Where Depreciation On Goodwill Has Been Claimed Section-50 of Income tax Act deals with computation of capital gain in case of depreciable assets. By introducing Notification No. 77/2021 dated 07.07.2021, CBDT inserted the rule no-8AC after rule 8AB by further amending the […]
