GSTN facilitates new registration for corporate debtors under IBC, benefiting companies in insolvency resolution. Procedure and details included.
Understand how excess premium on shares affects taxation for closely held companies. Exemptions for start-ups and methods for calculating fair market value explained.
Learn how to calculate tax relief under Sections 89 and 89A for arrears, gratuity, and foreign retirement benefits. Understand the steps and eligibility criteria.
“SEBI bars Mohammad Nasiruddin Ansari, owner of ‘Baap of Chart,’ for misleading investors through financial ‘education.’ Details on the ban and refunds.”
CBDT grants a filing extension for Form 10-IC related to AY 2021-22. Learn the conditions for this extension and the new deadline in this update.
Explore the judgment from the Allahabad High Court in the case of Malik Traders vs. State of U.P. The court upheld the denial of input tax credit due to insufficient evidence, highlighting the importance of providing comprehensive proof of transactions in GST cases.
Learn about penalty imposed by MCA for violating the appointment of a women director rule under Section 149(1) of the Companies Act, 2013.
Important update from ICAI: Chartered Accountants Examinations November 2023 postponed in Chhattisgarh and Madhya Pradesh due to elections. Check rescheduled dates and details here.
Explore special tax regimes for companies, individuals, and co-operatives, including rates, conditions, and exemptions. Learn how to opt in or out of these regimes.
Discover tax treatment of retirement benefits in India, including gratuity, pensions, leave encashment, and provident funds. Understand exemptions and taxable components.
