Direct Selling/ Multi Level Marketing (MLM)/ Network Marketing Business Enrollment and Compliance Formalities in Kerala Direct selling is the most gravitating business nowadays in India but most of the Direct Seller Company/ Entities do not have knowledge regarding how to file an application with central government and Kerala state government. State of Kerala has issued […]
In today’s Scenario, Direct Selling is most trending business in India. In common parlance it is also termed as Network Marketing or Multi- level Marketing (MLM) or Direct Selling. Central and some state government have issued guidelines regarding the Direct Selling Business. Government of Kerala has also issued guideline for the same. Guideline is issued […]
The Tribunal Reforms (Rationalisation and Conditions of Service) Bill, 2021 Objectives: 1. With a view to streamline tribunals, the Tribunals Reforms (Rationalisation and Conditions of Service) Bill, 2021 is proposed to be enacted to abolish certain tribunals and authorities and to provide a mechanism for filing appeal directly to the commercial court or the High […]
I have made an attempt to compile the following information in respect of QRMP Returns schema as I find lot of members have lot of questions in respect of same. It is just an attempt by me to address some aspects of scheme for the benefits of all. Points to be considered while filing GSTR […]
The Finance Act 2020 and 2021 has brought in some dynamic changes in respect of the exempted Trusts, Societies, NGOs, Charitable Trusts, Section 8 Companies including educational, medical and/or religious institutions complying with the certain rules of registration under the Income Tax Act, 1961 (the Act). The registrations were perpetuity in nature, and their registrations […]
Today’s question is very crucial and need to clarify whether the gains or losses from sale of securities shall be treated as ‘Income from Business’ or ‘Capital Gain’. In this concern, it is notable that when an assessee wants to treat the sale of securities as ‘business income’, he is allowed to reduce expenses incurred […]
Whether the services provided by the Applicant will be taxable @5% GST under the benefit of Serial No. 3(vii) of the Services Rate Notification as amended by NN 31/2017- CTR.
I would like to share with you all my personal experience after clearing out my CS examinations in the Year 2020 with All India Rank in all the three Stages. Yes, you read it right. I was an All India Ranker in Foundation, I secured 9th AIR in Executive and 13th AIR in Professional.
CBDT vide notification No- 19/2021 dated 26th March 2021 has issued Income Tax (6th Amendment) Rules 2021 which now mandated all the trust/societies/ institutions/ fund/ hospitals (hereinafter called “applicant”) registered under Section 12A and 80G or Section 12AA to obtain fresh registration in the prescribed format under Sec 10(23C) of the Act.
What is e-invoicing? ‘e-invoicing’ means the invoice shall be prepared after obtaining an Invoice Reference Number (IRN) by uploading specified particulars (in FORM GST INV-01) on the notified Invoice Registration Portals (IRP).
