LLP audit guide detailing two key turnover limits: Rs.40 Lakhs/Rs.25 Lakhs Partner Contribution for Statutory Audit, and Rs.1 Crore/Rs.10 Crore for Tax Audit. Key filings are Form 11 (May 30th) and Form 8 (October 30th).
Analysis criticizes the GST rule linking restaurant tax to hotel room tariff (over ₹7,500), arguing it unfairly imposes 18% GST on walk-in, non-luxury diners.
Summary of SEBI’s SDD framework under PIT Regulations. Learn requirements for tracking UPSI, including immutability, audit trails, preservation rules, and compliance certification.
Overview of RBI’s updated FEMA compounding provisions. Key features include 180 resolution, detailed penalty matrices for reporting contraventions, and non-compoundable cases.
Mandatory online filing for GST appeals at GSTAT portal. Learn staggered deadlines, APL-05 requirements, and procedural steps for appeals against S. 107/108 orders.
Summary of Nomination and Remuneration Committee (NRC) requirements for public and listed companies. Details on composition, minimum members, director independence, and key functions.
GST 2.0 introduces simplified 5%, 18%, and 40% tax slabs, offering consumer relief on essentials and easing compliance for businesses through pre-filled returns and e-invoicing.
The ITAT Jaipur sustains additions under Sec. 68 for bogus unsecured loans in Bagaria Trade Impex case, rejecting technical relief and confirming the assessee failed to prove creditor genuineness.
High Court clarifies LTCG indexation and TDS on EDC. GST simplifies refunds. RBI tightens gold lending rules and allows foreign investment in corporate debt.
Ready-to-use formats for Board and shareholder resolutions to appoint and ratify remuneration of Cost Auditors under Section 148 of the Companies Act.
