Clipped from: https://taxguru.in/company-law/complete-guidance-form-msme-1.html As we all are aware that all the Companies are required to file two MSME-1 forms with the concerned authority i.e. Registrar of
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👍👍👍👍👍👍👍GSTR-1 vs GSTR-3B vs GSTR-9: How do three returns differ for businesses | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-gstr-1-vs-gstr-3b-vs-gstr-9-how-do-three-returns-differ-for-businesses/3050995/ Ease of doing business for MSMEs: There are around 22 types of GST returns, of which around 4 are suspended and eight are
👍👍👍👍👍👍👍Tech for governance
lipped from: https://www.business-standard.com/opinion/editorial/tech-for-governance-123041600862_1.html India could become a leader in use of AI Listen to This Article The Union minister of state for electronics and information technology,
👍👍👍👍👍👍👍Heirs must know what you own to claim wealth: HNIs should opt for trusts
lipped from: https://www.business-standard.com/finance/news/heirs-must-know-what-you-own-to-claim-wealth-hnis-should-opt-for-trusts-123041401057_1.html Appoint nominees and write a Will to make the transfer hassle-free Listen to This Article The Reserve Bank of India recently announced that
👍👍👍👍👍👍👍Why to Register A One Person Company (OPC) Private Limited Company
Clipped from: https://taxguru.in/company-law/register-person-company-opc-private-limited-company.html ONE PERSON COMPANY [Sec 2(62)]: The creation of a One Person Company (OPC) was recently instigated as a significant improvement over sole proprietorship.
👍👍👍👍👍👍👍How To Register Legal Heir on Income Tax Portal?
Clipped from: https://taxguru.in/income-tax/register-legal-heir-income-tax-portal.html Death is uncertain but sure. After demise if taxpayer, legal heir is the person who takes control over all the assets and liabilities.
👍👍👍👍👍👍👍Analysis of Summary Assessment under GST Act 2017
Clipped from: https://taxguru.in/goods-and-service-tax/analysis-summary-assessment-gst-act-2017.html Summary assessment is in the nature of protective assessment. It is procedure where quick and fast assessment of tax liability is made. Section
👍👍👍👍👍👍👍AO cannot shift burden on assessee to explain recipient of inadvertent receipts shown in 26AS
Clipped from: https://taxguru.in/income-tax/ao-shift-burden-assessee-explain-recipient-inadvertent-receipts-shown-26as.html Travelport LP Vs DCIT (ITAT Delhi) ITAT Delhi held that AO cannot put the entire burden on the assessee to show in whose
👍👍👍👍👍HC set aside Section 148A(d) order passed without considering reply
Clipped from: https://taxguru.in/income-tax/hc-set-aside-section-148ad-order-passed-considering-reply.html Ashok Kumar Garg Vs ACIT (Delhi High Court) According to the petitioner, although the amount of alleged bogus purchase bills has been quantified
👍👍👍👍👍👍👍MSME Registration Benefits – Tax and Others
Clipped from: https://taxguru.in/corporate-law/msme-registration-benefits-tax.html MSME registration helps the Micro, Small and Medium (MSME) industries to obtain various benefits provided by the government for their growth. In a
👍👍👍👍👍👍👍Exemptions from Capital Gain under Income Tax act, 1961
Clipped from: https://taxguru.in/income-tax/exemptions-capital-gain-income-tax-act-1961.html Gist of Section 45: Any Profit or gain arising from the transfer of Capital asset is taxable as a Capital Gain u/s 45
👍👍👍👍👍👍👍Input Tax Credit under CGST Act, 2017
lipped from: https://taxguru.in/goods-and-service-tax/input-tax-credit-cgst-act-2017.html What is Input Tax Credit as per CGST Act?. From the combined reading of sections 2(62) and 2(63) we understand that tax paid
👍👍👍👍👍👍👍Reopening of Assessments Section 147 w.e.f. 01.04.2021
Clipped from: https://taxguru.in/income-tax/reopening-assessments-section-147-w-e-f-01-04-2021.html The Finance Act, 2021 had changed the law applicable to the reopening of assessments with effect from 1st April, 2021. Relevant sections are sections 147 to
👍👍👍👍👍👍👍One Person Company (OPC) in India
Clipped from: https://taxguru.in/company-law/person-company-opc-india.html Before the enforcement of the Companies Act 2013 a single person could not establish a company. But the Companies Act 2013, introduced a
👍👍👍👍👍👍👍Taxation of Income from Sale of Shares
Clipped from: https://taxguru.in/income-tax/taxation-income-sale-shares.html Income earned by the sale of shares and mutual funds is covered under the heading ‘Income from Capital Gain’. The capital gain can
👍👍👍👍👍👍👍 Foreign Trade Policy 2023 announced
Clipped from: https://taxguru.in/dgft/foreign-trade-policy-2023-announced.html Foreign Trade Policy 2023 announced FTP 2023 is a dynamic and open ended Policy that will accommodate the emerging needs: Sh. Piyush Goyal PM
👍👍👍👍👍👍👍Harvest tax on equity holdings by March 31 | The Financial Express
Clipped from: https://www.financialexpress.com/money/harvest-tax-on-equity-holdings-by-march-31/3022738/ Equity investors must look at tax harvesting before March 31 to reduce their long-term capital gains (LTCG) tax liability. As LTCG up to
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