We’ve just wrapped up the non-audit tax filing season, and now we’re entering the critical and often confusing period of Tax Audits. Why do I call it confusing? Despite over several years of writing about Tax Audits, including numerous articles and full-length books, I still receive the queries around the applicability of tax audit in […]
Comprehensive guide on maintaining statutory registers under the Companies Act, 2013. Essential for corporate compliance, covering MOA, AOA, share certificates, and more.
Learn the step-by-step process for converting a Private Limited Company into a One Person Company (OPC) as per the Companies Act, 2013.
Understand PFA and defective return queries for ITR 1-6 for AY 24-25, including MAT applicability, TDS/TCS claims, and income disclosure.
Learn about GSTR-1A, its purpose, filing requirements, and impact on GST compliance. Discover how it helps correct errors in previously filed GSTR-1.
Quadrant Future Tek Ltd faces penalties for violating Section 42(5) of the Companies Act, 2013. Non-compliance with procedural requirements leads to fines.
The Registrar of Companies penalizes V.L. Infraprojects for violating Sections 42 and 62 of the Companies Act by failing to maintain separate share application funds.
Key amendments to the Finance (No.2) Bill, 2024, include changes in tax rates, capital gains, customs duties, and excise laws, effective from October 1, 2024.
Excessive credit card spending may attract tax notices. Learn how to manage credit card transactions to avoid scrutiny and ensure compliance with tax regulations.
Income Tax Circular 08/2024 exempts higher TDS/TCS rates if deductee/collectee dies before PAN-Aadhaar linkage, addressing taxpayer grievances.
