The Telangana High Court ruled that the Revenue Department cannot block an electronic credit ledger by making a negative balance, advising recovery under Sections 73 or 74 of the CGST Act instead.
Explore the statutory registers mandated by the Companies Act, 2013, with details on forms, sections, and maintenance requirements. Gain insights into the essential registers necessary for regulatory compliance.
Understand the key differences between Section 54 and Section 54F for LTCG exemption through investment in residential property. Eligibility, time frame, investment amounts, and more are detailed.
Explore the intricacies of India’s Electoral Bonds scheme, its inception, controversies, and legal challenges. Unveil the debates surrounding transparency, corporate anonymity, and the Supreme Court’s stance.
Understand Rule 86B of the CGST Act: Restrictions on Input Tax Credit (ITC) utilization. Learn about applicability, restrictions, exceptions, and its impact.
Article outlines tips for filing monthly GST returns & reconciling accounts, providing a guide to ensure GST compliance & finalize books effectively.
HUF acts as an effective tax planning instrument. HUF stands for Hindu Undivided Family. HUF is considered as separate legal entity separate from its members. HUF is a family structure created for tax saving by pooling of assets/ investments.
Trading can be an exciting, yet daunting venture due to the significant risk it entails. But have you ever wondered how you can mitigate some of that risk? Free funded accounts may just be the answer
Listed companies operate within a strict regulatory framework, necessitating timely disclosures to maintain transparency and accountability. Understanding the compliance calendar is crucial for these entities to fulfill their obligations. This article delves into the myriad disclosures mandated for listed companies, spanning quarterly, half-yearly, and annual periods, along with event-based and other requirements. List of Disclosures […]
RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce compliance with income tax laws.
