Determination of place of effective management (POEM) – ABOI and other principles 1. Introduction to POEM:- Section 6(3) of the Income-tax Act, 1961 (the Act), prior to its amendment by the Finance Act, 2015, provided that a company is said to be resident in India in any previous year, if it is an Indian company […]
Article on Legal Option to the home buyers outside the ambit of Real Estate Regulatory Authority (RERA) updated on 14.12.2020 after considering the Revised Pecuniary Jurisdiction of the Commission of THE CONSUMER PROTECTION ACT, 2019, ACT NO. 35 OF 2019, dated. [9th August, 2019.]. I have modified this article after considering the Pecuniary Jurisdiction of […]
Time is the most precious resource which we all have. But what matters is how effectively we use it. As the CA exams are over, some of those who gave both groups or only single group is pending and have appeared for the same and eagerly waiting for their results are free from studies now. […]
Trademark is defined as a mark (may include symbols, colour, shape, packaging of goods, etc.) that encompasses the capability to geographically represent and distinguish the goods or services of one party from other parties.It is a set of rights that enables the use of such marks by the owner to the exclusion of other parties. […]
As the IPL fever weathers off and the international cricketing season begins, fans of the gentlemen’s game are all ready to hop on to their phones again and make their own virtual teams and compete with million others. Somehow, that statement doesn’t seem absurd. With Dream 11 having sponsored the biggest cricket league in the […]
As per Companies Act, 2013, Company generally appoints Directors in General Meeting by passing an ordinary resolution subject to some exceptions. Moreover, Companies appoint one director at a time, Right? It is affirmative. But it is needless to say that Companies has to do a lot of work where it may require to appoint more […]
The MSME sector is an important pillar of Indian economy as it contributes greatly to growth of Indian economy with a vast network of around 30 million units, creating employment of about 70 million, manufacturing more than 6000 products, contributing about 45% to manufacturing output and about 40% of exports, directly and indirectly.
WHAT IS VAR? Value at Risk is basically a statistical tool to measure the expected loss at a particular time period from particular Stock or Whole Portfolio with given Confidence Level (Probability Level). Say for Example, Mr. A wants to invest 2,00,000 in Stock of ABC Co. for 1 day S.D. of Stock is Say […]
Seamless Input Tax Credit is basic foundation of GST laws. However, Section 16(2)(c) of the CGST Act makes provision that ITC can be taken only when GST has actually been paid by the supplier. This article is an attempt to examine the provision and understanding the ambit of the provision. Purpose of Credit under GST: […]
The facility to file an annual return in form GSTR-9 for FY 2019-20 is now available. The form is enabled for taxpayers whose table 8A computation has been completed. Computation of table 8A of the said return for auto-population from returns is under progress which is likely to be completed soon. Taxpayers need to ensure that all applicable returns of the said year have been filed before attempting to file the said return.
