Form No. DIR-2: Complete guide on the consent form to act as a director. Learn its importance, contents, and the step-by-step process for submission. Ensure legal compliance for your directorial role.
Is rental income from sub-letting chargeable to tax under the head Income from house property? Ans: Rental income in the hands of owner is charged to tax under the head Income from house property. Rental income of a person other than the owner cannot be charged to tax under the head Income from house property.
Understanding the provisions and implications associated with income under the head ‘Salaries’ is crucial for both taxpayers and tax authorities. It enables individuals to effectively comply with their tax obligations while ensuring a fair and equitable assessment of taxable income.
HC held that Additional Commissioner is right in rejecting time-barred appeal as section 107 of CGST Act has an inbuilt mechanism and has impliedly excluded application of Limitation Act, 1963.
Discover the advantages of filing your return of income, contributing to national development, validating creditworthiness, accessing financial benefits, and more. Learn why filing your income tax returns is crucial. Looking for a comprehensive guide on filing income tax returns? Learn about the different forms, modes of filing, document requirements, and more in this master guide. Get all the information you need to file your income tax return accurately.
Explore a case study of GTZ Securities Limited, which faced penalties due to its failure to appoint a Company Secretary as mandated by the Companies Act, 2013. Discover the consequences, violations, and penalties imposed on the company and its directors.
Explore the significance of speaking orders under the GST regime. Learn how reasoned decisions uphold natural justice, serving as a pillar for accountability, transparency, and fair decision-making. Dive into notable cases and the object of speaking orders for a comprehensive understanding.
This article provides a comprehensive analysis of the scope of GST on director’s services, discussing the relevant notifications, legal provisions, and clarifications. It concludes that directors in their individual capacity are not liable to pay GST under the reverse charge mechanism (RCM).
Understand the concept of presumptive taxation scheme, its eligibility criteria, and implications for taxpayers. Learn about different sections under Income-tax Act, such as 44AD, 44ADA, and 44AE, and how they provide relief to small taxpayers.
जीएसटी विभाग द्वारा ASMT 10 जारी किए जा रहे हैं। जिस के संदर्भ में धारा 61 नियम 99 के अंतर्गत यह नोटिस रेफरेंस नंबर के साथ जारी किए जा रहे हैं। जीएसटी विभाग द्वारा जारी ASMT 10 का अध्ययन करने पर कई शंका मन में जागृत हुई ।जिसकी चर्चा हम आज के विषय में करेंगे। […]
