Discover the recent changes in Tax Collection at Source (TCS) rates and exemptions under the Liberalised Remittance Scheme (LRS) in India. Understand the revised TCS rates, the exclusion of credit card transactions abroad from LRS coverage, and the thresholds applicable for TCS on remittances and overseas tour program packages. Stay informed to optimize your foreign exchange dealings.
Discover the significance of intellectual property rights (IPR) and patents in India. Learn about the main objective of intellectual property laws, the process of granting patents, penalties for infringement, and the reliefs available in patent infringement cases.
Access the geocoding functionality on the Common Portal to ensure accuracy and streamline the address verification process for your principal place of business in GSTN records. Discover how this feature converts addresses into geographic coordinates and enhances compliance requirements.
Understand the requirements of filing e-Form DPT-3, the due date for annual return filing, and the penal consequences of non-compliance. Get insights into the purpose of the form, its applicability, and the latest amendments.
Understand the relevance of statements recorded under Section 70 of the CGST Act in adjudication proceedings. Explore the provisions of the Act and the distinction between prosecution proceedings and adjudication proceedings.
In the realm of taxation, legal absurdities occasionally surface, leaving individuals puzzled by the intricacies of the law. One such perplexing scenario arises when income tax notices are issued to deceased individuals. Common sense suggests that the deceased should be exempt from such obligations, but the legal implications surrounding this issue can be surprisingly complex.
Understand the significance of Year-End Reconciliation in the Real Estate sector under RERA. Explore key aspects like project registration, financial management, compliance checklists, and reconciliation with stakeholders. Ensure accurate reporting to comply with legal, regulatory, and accounting requirements.
RERA is a central law aimed at regulating and Development of the Indian real estate sector and safeguarding the interests of home buyers. RERA Act lays down strict norms for the promoters (builders and developers) to ensure transparency and accountability in their transactions with Allottees (customers and other stakeholders).
When it comes to obtaining a personal loan, understanding the factors that influence loan approval can significantly increase your chances of success. Whether you need funds for a major purchase, debt consolidation, or an unexpected expense, these ten essential tips will guide you through the process and enhance your chances of getting your personal loan approved.
In the 2004 case of Ekram Singh, it was held that if a defective part arises and a warranty situation arises, the manufacturer’s credit note is taxable. The credit note has to be issued by the manufacturer to the dealer of automobiles.
