It is proposed that application out of corpus or a loan before April 1, 2021 shall not to be allowed as application for charitable or religious purposes even when such amount is put back into corpus or the loan is repaid. This is in order to avoid double tax deduction.
Hear all you need to know about Employees Stock Option Scheme for private companies, with procedure & details as per section 2 (37) of the Companies Act, 2013.
The difficulty in transacting RPTs where shareholder’s approval is required as represented by HVDLEs is that the shareholding in HVDLEs is concentrated i.e. the shares are wholly/substantially held by one or few shareholders who are related parties.
Section 115BAC was introduced in Finance act 2020 as New Tax Regime whereby new tax rates were introduced for Individuals and HUF as an option to existing tax rates applicable.
Understand FAQs on MCA V3 working process w/questions & answers. Find out if email ID changes are allowed and learn how to Reg DSC’s on V3 platform
Until now, relabellers needed physical NOC from manufacturers to apply. FSSAI has enabled online NOC requests. Know about the process here!
Madras High Court Rules in Favor of Apartment Owners in Common Area Dispute: a legal battle in Chennai, India highlights the importance of transparency & fairness in ownership calculation & sharing of common areas & amenities.
Get to know how Budget 2023 will affect Indian startups and angel tax. Learn about the Government’s initiatives to promote the startup eco-system and tax incentives in this blog post
Finance Bill- 2023 changes to the GST laws & Composition Scheme for E-commerce. Get a brief overview with Input Tax Credit conditions.
Issuance of credit note in terms of GST law is responsibility of supplier. Burden of charging, collecting and discharging GST liability is on supplier of goods or services.
