The Companies (Auditor's Report) Order, 2020 |
The Companies (Auditor's Report) Order, 2020
This Order may be called the Companies (Auditor's Report) Order, 2020. (2) It shall apply ...
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Disclosure requirement under Revised Schedule III of the Companies Act, 2013 |
Disclosure requirement under Revised Schedule III of the Companies Act, 2013
Schedule III of the Companies Act, 2013 amended and w.e.f. 01/...
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e-Assessment Procedure under Income Tax Act, 1961 |
e-Assessment Procedure under Income Tax Act, 1961
The main procedure for e-Assessment under new scheme of face-less, jurisdiction-less and paper le...
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An introduction to e-Assessment under Income Tax Act, 1961 |
Preface:
The new scheme of face-less, jurisdiction-less and paper less e-Assessment 2019 has been notified by the Ministry of Finance vide ...
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GSTR-2B for the month of July 2020 |
Launch of GSTR-2B for the month of July 2020
The GST Council, in its 39th meeting held on 14t...
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Insolvency and Bankruptcy Code as amended by Amendment Act, 2018 : Day to day practice management |
Section 2: Applicability of Insolvency and Bankruptcy Code to Individual Guarantor of Corporate Debtor
The section 2 has been amended and now the p...
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Sahaj Return (FORM GST RET-2) (Quarterly) |
Note on GST Sahaj Form
Taxpayers opting to file quarterly return as ‘Sahaj’ shall be allowed to declare outward supply under B2...
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Guidance Note for Importers and Exporters under GST |
Guidance Note for Importers and Exporters under GST
I. Introduction:
The purpose of this guidance note is to bring clarity about the impac...
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Transitional Provision under GST |
1. General provisions
Notwithstanding anything contained elsewhere in the Act and until specifically so or otherwise prescribed or notified or don...
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GST on Import |
GST on Import
The import of goods has been defined in the IGST Act, 2017 as bringing goods into India from a place outside India. All imports...
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GST on Import |
GST on Import
The import of goods has been defined in the IGST Act, 2017 as bringing goods into India from a place outside India. All imports...
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Rules of Input Tax Credit under GST |
1. Documentary requirements and conditions for claiming input tax credit
(1) The input tax credit shall be availed by a registered person, includin...
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Refund under GST Law |
Refund under GST Law
1. Application for refund of tax, interest, penalty, fees or any other amount
(1) Any person, except the persons cover...
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GST Rules for Determination of Value Supply |
Determination of Value of Supply
Value of supply of goods or services where the consideration is not wholly in money
Where the supply...
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Rule for TAX INVOICE, CREDIT AND DEBIT NOTES under GST w.e.f.18/05/2017 |
Rules for Tax Invoice, Credit Note and Debit Note under GST
1.Tax invoice
Subject to rule 7, a tax invoice referred to in section 31 shal...
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A Chartered Accountant or a Consultant: a debate? |
Preface:
It is always a debate whether to hire a Chartered Accountant or a consultant for renders service to a client. Mostly, the client is ...
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One Person Company under Companies, 2013: A small step towards Giant leap |
Back Ground:
Companies Act, 2013 introduced new form of Company called One Person Company. Under the Companies Act, 1956 every person who wa...
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Wealth creation through Investment in Modern Era |
Brief Background
Generally when people are advised to do investment planning or think about starting an investment, they feel investment me...
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Features of The Black Money (Undisclosed Foreign Income and Assets) And Imposition Of Tax Act, 2015 |
Background
The Black Money (Undisclosed Foreign Income and Assets) And Imposition Of Tax Act, 2015 provides for separate taxation o...
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Corporate Social Responsibility |
Brief note on Corporate Social Responsibility under Companies Act, 2013
Section 135: Corporate Social Responsibility
1. Every Company having
&n...
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