Unlock the intricacies of income computation for non-profit trusts under the Finance Act 2022. Delve into the conditions, deductions, and guidelines to comprehend tax implications.
Explore the controversial world of service charges on food bills in hotels and restaurants. Understand the historical context, legal perspectives, and recent guidelines from CCPA. Know your rights as a consumer and the legal nuances involved. Stay informed on the ongoing debate
Unravel the complexities of Cash Payments under sections 40A(3) and 43(1) of the Income Tax Act, 1961. Dive into the implications of exceeding Rs.10,000 cash payments for revenue expenditures and acquisition of fixed assets. Understand the nuances of disallowance and actual cost determination. Explore real-life examples to grasp the intricate interpretations.
Explore FAQs on Legal Metrology (Packaged Commodities) Rules, 2011. Learn about legal metrology, offences, pre-packaged commodities, sale, protection, labels, net quantity, retail sale price, and more. Get clarity on declarations, e-commerce regulations, and important aspects of packaged commodities.
Ease your Income Tax E-Filing with step-by-step guidance. Understand ITR basics, importance, and who needs to file. Get ready with documents, view AIS, and download Form 26AS. Register on the portal, validate, verify, and e-file effortlessly.
Renting of residential dwelling for the purpose of residence was earlier exempted. However, the exemption on such service has been withdrawn by the CG with effect from 18.07.2022 vide NN-04/2022 dated 13.07.2022. So now onwards renting of residential property for the purpose of residence is also taxable if the recipient of service is registered under GST.
GST on Residential Dwelling Rent: Significant changes from 18.7.2022. Exemption for unregistered recipients, RCM for registered recipients at 18%. Impact on ITC and taxability explained. Stay informed.
Court is convinced that there has been violation of principles of natural justice inasmuch as the appellant was not furnished with full information based on which the assessment was sought to be reopened.
When an enterprise obtains FDI (Foreign Direct Investment) through capital investment, the entity allots shares to a foreign investor. This transaction must be reported, which needs to be done in FC-GPR Form issued by RBI.
Employees Provident Fund (PF) is a statutory benefit available to all Indian employees. The Employees’ Provident Fund (EPF) is administered and managed by the Central Board of Trustees (CBT), founded by the Central Government, and consists of members from the government, employers, and employees. The Employees’ Provident Fund Organization (EPFO) supports board activities.
