Mumbai ITAT rules co-ownership doesn’t imply tax liability. Sale proceeds taxed only for the beneficial owner, not co-owner in Vinod Nihalchand Jain case.
CBIC clarifies GST amnesty payment via GSTR-3B, amends Rule 164 for partial period demands. Deadline nears for relief under Section 128A.
Learn about Section 128A of the CGST Act, eligibility, payment process, deadlines, and procedural clarifications for availing waiver of interest or penalty.
Overview of SEBI’s Chapter VA on corporate governance for high value debt listed entities with non-convertible debt securities of ₹1000 Crore or more.
One Person Companies (OPCs) need to record annual returns to remain compliant with legal requirements. However, many business owners make errors while filing, leading to consequences and legal troubles. This article shall give you a briefing on the common mistakes to be avoided while filing an OPC annual return. 1. Missing the Filing Deadline The […]
Home loan timing in India: Factors affecting approval by age, including financial stability, loan tenure, and long-term gains.
A step-by-step guide for LLP closure, including pre-conditions, required documents, and filing Form 24 with MCA for strike-off.
MSME notification mandates companies to file half-yearly returns for delayed payments exceeding 45 days to micro and small enterprises, citing sections 9 and 15 of the Act.
Explore Rule 39 of the CGST Act, detailing ITC distribution by Input Service Distributors, key amendments, pro-rata allocation, and compliance essentials.
The Government of India has introduced several significant amendments to the Income Tax Act, which will come into effect from April 1, 2025. These changes encompass revisions in tax slab rates, modifications in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) provisions, an extension of deadlines, and new taxation rules for partnership […]
