SHORT SUMMARY In exercise of the powers conferred by sub-sections (1) and (2) of Section 469 of the Companies Act, 2013 ("CA, 2013"), the...

The MCA vide its Notification No. G.S.R. 700(E) Dated 15th September, 2022 has yet again revised the definition of Small Company [Section...

In layman language, Internal control is a proactive approach that balance risk and control in the company & helps to achieve its...

An income tax raid is an operation of search and seizure which is conducted by the income tax department on the business or residential...

With effect from 01.01.2021, section 16(4) of the CGST Act, 2017 was amended vide the Finance Act, 2020, so as to delink the date of...

The government had informed executing the fifth phase of e-invoicing to assessee whose yearly turnover exceeds Rs 10 cr to 20 cr. From...

Clarifications regarding GST on renting of motor vehicles designed to carry passengers to be paid by corporate recipients /Firms Govt. of...

TAXATION ON UNLISTED SHARES & BIGGEST CATCH ON SALE Nowadays there is a boom in equity transactions, investment etc., Indian investors...

The Government of India has entered into agreement with various countries and specified territories to provide relief from double...

(Availability of Books Of Account) Ministry of Corporate Affairs vide its notification dated 5th August 2022 has amended the Companies...

There are several significant changes coming up in September that will affect your savings, regardless of whether you pay income taxes,...

In this article author has tried to throw some light on the procedure to be followed while conducting Revenue Leakage audit in a brief...

Arjuna (Fictional Character): Krishna, what are the implications if a person makes purchases and expenses in cash? Krishna (Fictional...

Important clarifications/ amendments issued by the Government on GST in August/ September 2022 along with compliance timelines in...

Introduction Law, it is often remarked, is a facilitator for rational human behaviour and action. Economic laws in particular are...

Producer Company is a separate kind of legal organization under the cooperative societies in India. The main purpose of the Producer...

COMPARISON OF TABLE 4 OF FORM GSTR-3B OPERATIONAL IMPACT OF CHANGES IN TABLE 4 (B) & 4 (D) OF FORM GSTR-3B Currently, many taxpayers have...

Background In the recent circular no. 177/09/2022-TRU it has been clarified that sale of land after leveling, laying down of drainage...

What is the GST Portal of India? The official website for the Goods and Services Tax (GST) portal of India is https://www.gst.gov.in/....

Neither RBI on its own can direct, a partial or total freeze of Re-KYC due (non-compliant) bank account nor it can delegate such...