Central Government had decided to gift a Scheme LLP Settlement Scheme, 2020 to business owners who are operating the business in the form of Limited Liability Partnership structure. LLP Settlement Scheme, 2020 will remain open from 16th March, 2020 to 13thJune , 2020.
NCLAT in the recent judgment Bimalkumar Manubhai Savalia Vs. Bank of India held that part payment by guarantor will not extend limitation period of 3 Years under IBC
1. Direct Tax Vivad se Vishwas Scheme is Applicable for all pending income tax, TDS appeals pending before CIT , ITAT, HC, SC and also for orders passed for which time limit for further appeal is not expired and appeals which are not admitted by courts as on 31.01.2020. 2. Direct Tax Vivad se Vishwas […]
Amid huge expectations from GST council from 39th meeting held on 14.03.2020, GST Council has recommended various changes in GST law to facilitate trade and industry at large. We present to you top 13 takeways from GST council meeting at New Delhi: 1. Interest on delayed payment to be calculated on net GST liability Council […]
As India is developing country and that too one of the fastest developing country in world, it is normal that other countries wanted to invest in India. India is actually a hub doing business as the cost of production in India is low which ultimately increases the Demand curve of a product or service. With […]
Explaining the concepts of following topics :- 1) Annulment of Assessment 2) Fresh Assessment/cancel set aside the order/remanding back to the Assessing officer 3) Appeals effect/ Revision Effects 4) Directions of Higher authorities. Let’s discuss one by one- 1) Annulment of Assessment To Annul means Simply to declare the Assessment a void.. basically when the […]
What is Managing Director under Companies Act, 2013? Section 2(54) of the Companies Act, 2013 provides that ‘managing director’ means a director who, by virtue of the articles of a company or an agreement with the company or a resolution passed in its general meeting, or by its Board of Directors, is entrusted with substantial […]
Penalty for Fake Invoices and False Entries – Section 271AAD under Income Tax Act, 1961 & Section 122 of CGST Act, 2017 Various cases of fraudulent input tax credit claims have been caught by the GST Authorities nowadays. In most of the cases fake invoices are used to claim fraudulent input tax credit which is […]
GST रिटर्न, टैक्स भुगतान, रिवर्स चार्ज और इनपुट क्रेडिट नियमों पर आधारित अनुपालन उपाय, जिससे पेनल्टी और नोटिस से बचा जा सके।
STARTEGIC USE OF TECHNOLOGIES – AI and ML for Professionals- By CS Haresh Jani and CA Vikram Pandya & ANALYSIS OF IMPACT OF TECHNOLOGY ON PROFESSIONALS By CS Amita Desai CS Haresh Jani initiated the session at IMC organized by Manoyog GRC Advisors Private Limited. He explained in brief the advantages and use of Technology. […]
