A recent case involving M/s. Sun Pharmaceutical Industries and M/s. CJ Goswami & Associates, their Practicing Company Secretary, has highlighted the consequences faced by a secretarial auditor for their failure to report material related party transactions in their audit report.
Get ready for the new GST e-Invoicing threshold! Learn about the revised threshold, exemptions, and consequences of non-compliance with essential information for taxpayers.
Unlock the conditions for charging GST on credit notes as per Section 34 of the CGST Act. Understand the eligibility criteria and time limits for issuing credit notes in the GST framework.
Explore the implications of the withdrawal of Rs 2000 notes in India. Understand the exchange process, reasons behind the move, and its impact on the economy. Get insights into the government’s strategy and the objectives behind this decision.
Unlock business growth with GST registration Explore benefits like legal compliance, increased credibility, input tax credit, inter-state operations, and more. Get the competitive advantage and access expansion opportunities. Simplify compliance, attract customers, and participate in government tenders. Gain a competitive edge, expand your market, and streamline your business with GST registration.
By examining the intricacies of Section 115JH and its impact on the residential status of foreign companies in India, this article aims to provide valuable insights for companies navigating the complexities of the Indian taxation system.
This article explores the recently introduced Statement on Auditing Standards (SAS) 100 that focuses on social audit and impact assessment engagements in the context of eradicating hunger, poverty, malnutrition, and inequality.
Explore Section 49(1) of the Income Tax Act, determining cost of acquisition for capital gains in non-transfer cases. Understand provisions, examples, and computation, ensuring accurate tax compliance. Reach out for further inquiries.
Learn about the calculation of GST interest on both GST payable and refunds under the Goods and Services Tax (GST) regime. Understand the rates, periods, and scenarios for interest payment and receipt. Stay informed to comply with GST regulations.
Section 80GG allows Deduction of the rent paid by him even though he does not have any house property for self-occupation of occupier.
