In this article you will find detailed analysis of certain terms and issues which either OECD or certain other countries have clarified. Notification in respect of BEPS Action plan 13 is expected shortly from CBDT.
CbCR (Country by Country Report) is one of the recent amendment which has created a lot of hue and cry in the industry, hence here in this article the author will provide the basic concepts related to CbC reporting for all the Chartered Accountants.
Maharashtra Sales Tax Department has published ‘List of Suspicious Dealers, who have issued false bills, without delivery of goods. Such dealers have commonly referred as ‘hawala dealers’ The fact that the list purports to name only ‘Suspicious’ Dealers and not ‘confirmed hawala dealers’.
Explore the legality of converting Income Tax surveys (Section 133A) into full-fledged Search & Seizure actions (Section 132) under the Income Tax Act 1961. Uncover governing laws, judicial pronouncements, and expert insights on this complex issue.
The Companies Act, 2013 (“the New Act”), became effective from 1st April, 2014. After the commencement of this Act, numerous resolutions are required to be filed in e-form MGT-14 with the Registrar of Companies (“ROC”). Though the requirement to file e-form MGT-14 was applicable to all companies but after coming ample of amendments the list […]
When a statement recorded under Section 70 under GST CGST Act, 2017 is Relevant and Admissible? -Analysis of Section 136 of CGST Act, 2017 Introduction Subject matter of this write-up is Section 136 of the Central Goods and Services Tax Act, 2017 (Act). This Section pertains to the relevancy and admissibility of statements made and […]
Clarification regarding Registration as E-Commerce Operator, Selling Own Goods through own web site QUESTION If Company Have its own Web portal and it selling goods through it and receiving payments online from its own website. The transaction is purely B2C. Whether the company is E-commerce Operator as it is not providing a platform to other […]
Partnership Deed is a document containing the terms and conditions of a partnership business. It is an agreement in writing signed by all the partners duly stamped and registered. It defines the rights, duties, and obligations of partners. The partnership deed must not contain any term which is contrary to the provisions of The Indian […]
E-Invoice System (https://einvoice1.gst.gov. in) Welcome to the tax payers of GST to the e-invoice system. As per the GST Council direction, National Informatics Centre (NIC) has built the e-invoice system as per the latest e-invoice (IRN) schema published on the GSTN portal. As per the notification of GST (Notfn No. 61 dtd: 30th July, 2020), […]
E-INVOICE SANDBOX SYSTEM (Testing tool for development of e-Invoice APIs) E-Invoice Sandbox System https://einv-apisandbox.nic.in provides the essential information for developers to integrate the e-Invoicing operations exposed by NIC-IRP through APIs with their respective ERPs and financial accounting systems. The home page is accessible from anywhere without any login and provides complete information on the APIs […]
