Discover essential FAQs about filing Form 10IE for opting the new tax regime. Learn about deadlines, mandatory requirements, consequences of non-filing, and solutions to common submission issues. Ensure a smooth income tax return process.
Extension of due date for filing of return in FORM GSTR3B for the month of May 2023 for the persons registered in the districts of Kutch, Jamnagar, Morbi, Patan and Banaskantha in the state of Gujarat upto 30th June 2023. Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, New Delhi, […]
Read about the Madras High Court ruling on the concept of communal property, stating that homemaker wives have an equal share in their husband’s funded properties. Analysis of the case involving Kannaian Naidu and Kamsala Ammal.
MCA imposed a penalty on PTC India Financial Services Limited for violation of Section 178 of Companies Act, 2013. Company failed to constitute Nomination & Remuneration Committee (NRC), resulting in penalties.
Hurry up Taxpayers! 30th June, 2023 is the last day to avail the benefits of the Amnesty Scheme Under GST. Amnesty scheme under the Goods and Services Tax (GST) scheme offers benefits to non-filers of GSTR-4, GSTR-9, and GSTR-10 returns, as well as for the revocation of cancellation of registration and the deemed withdrawal of […]
Dive into the case of Regent Professional Academy’s violation of Companies Act provisions. Learn about penalties imposed by MCA, analysis, and implications.
NFRA issued a circular highlighting statutory auditors’ obligations to report fraud in accordance with Companies Act, 2013. Circular emphasizes consequences for auditors who fail to fulfill their reporting duties and clarifies that resignation does not absolve them of their responsibilities.
MCA has imposed a penalty on M/s Iyyanar Benefit Fund Nidhi Limited for violating Section 92(3) of Companies Act, 2013. Company failed to accurately disclose details of deposits and borrowings in their balance sheet, resulting in penalties being imposed.
Unraveling the complexities of proceedings related to fake invoicing under the GST regime. Explore the nuances of Show Cause Notices, orders, and the implications of Circular No. 171/03/2022-GST, ensuring clarity in navigating the legal landscape.
Section 44AD of the Income tax Act is one of the most important sections which come in to use most frequently. There is a misconception / issue regarding the interpretation of the provisions of this section, regarding declaration of profits at minimum 8% / 6% rate even though the actual net profit earned is more.
