Although the terms merger and acquisition are commonly associated, there are some differences. A merger unifies two entities into one, whereas an acquisition includes one company purchasing and acquiring another.
Appointment of foreign nationals from countries sharing a border with India as directors. Learn how the Government of India is making sure that national security is a priority.
ITAT Held that, only 10% of the purchase would be added to the Appellant’s income in case where the Appellant was unable to prove the supplier’s identity. Further remanded back the matter for verification.
A comprehensive guide on understanding and calculating your Annual Returns for GST Audit Series (Part 7), including 50 Important and Practical FAQs.
Understand GST Annual Return & Form GSTR-9 filing for FY 2021-22. Get key information like deadline, details & exemptions. CGST Rules, 2017 apply.
The determination of residency is first step in the whole process of finalizing tax aspect of certain transaction. One need to ascertain that if any income is accrue/arise or deemed to accrue/arise in India in terms of Section 4,5 and 9 of Income tax Act.
Understand the implications of Section 185 of the Companies Act, 2013 with regard to loans, guarantees and securities extended to directors. Prevent misuse of public funds and issue proceeds from private businesses of directors.
Indian Companies Act, 2013 (Act) allows the incorporation of Subsidiary Company of Foreign Company in India. The Subsidiary Company of Foreign Company means either controls the composition of the Board of directors or exercises or controls more than half of the total share capital.
Understand all about External Commercial Borrowing (ECB) & how it can be used to finance business growth, asset purchase & more. RBI regulation applies.
Analysis of Maharashtra AAAR ruling on Composite Supply under GST – Learn about M/s. Kasturba Health Societys case and its implications for GST
