The submission of MSME-1 is not only a requirement of the Companies Act, but it also has implications on the Income Tax Act and affects the statutory auditor of the company. As a statutory auditor, it is necessary to include a report in the financial statement regarding the delay in payment to MSME vendors, as […]
Understand how to claim Foreign Tax Credit in India through Form 67. Learn the criteria, due dates, steps, and essential tips for efficient tax filing.
Explore the analysis of RBI’s draft regulations on Electronic Trading Platforms (ETPs). Learn about eligibility criteria, operational guidelines, and more.
Dive into the controversy over Madras High Court’s exemption of hostels from GST, exploring legal arguments, financial impacts, and pending Supreme Court intervention.
Read the Supreme Courts landmark judgment ensuring children of armed forces personnel get fair treatment in education, regardless of their parents’ postings.
Article explains Reverse Charge Mechanism (RCM) under GST law, its necessity, eligibility criteria, time and tax payment aspects, with comprehensive insights and examples.
Learn about Capital Gains under the Income Tax Act, 1961. Understand what constitutes capital assets, types of transfers, computation methods, and deductions.
Article explains Income Tax Implication of conversion of Partnership Firm / Proprietorship Firm in to Private Limited Company
Explore the recent provision allowing Indian companies to directly list their shares overseas through IFSC GIFT City. Understand the implications and eligibility criteria.
Explore the concept of debit notes in GST, their issuance criteria, legal provisions, contents, and eligibility for input tax credit with detailed examples and analysis.
