Explore the implications of Section 16(2)(c) of the CGST Act, balancing taxpayer rights and government revenue in Input Tax Credit (ITC) eligibility under GST.
Learn about Section 128A of CGST Act, introduced to reduce litigation in non-fraud cases, covering tax waivers, notified dates, conditions, and Rule 164 provisions.
Learn how to address GST notices on excess ITC claimed in GSTR-3B compared to GSTR-2B with structured replies, reconciliation steps, and supporting documents.
Learn about the legal procedures for director resignation and removal under the Companies Act, 2013, including compliance with ROC filings and board approvals.
The introduction of Section 194O in the Income Tax Act, 1961 for e-commerce transactions, has created certain overlaps with Section 194H, which deals with TDS on commission income. This article explores the interplay between these two sections and clarifies when and whether TDS should be deducted.
Finance Bill 2025 limits tax loss carry-forward under Section 72A to 8 years from the original assessment year. Learn about its impact, ambiguities, and challenges.
Managerial overconfidence can lead to risky corporate investments. Proper accountability and Board oversight are essential to mitigate impulsive financial decisions.
Learn how dividends work in the Indian stock market, including ex-dividend and record dates, types of dividends, stock price impact, and tax implications.
Understand the process and requirements for converting an unlisted public company into an LLP, including necessary filings and documentation.
Failure to comply with accounting standards may violate LODR regulations, affecting financial transparency, director accountability, and investor confidence.
