Important Changes in GST w.e.f. 01-10-2019 Reverse Charge Renting of Motor Vehicle Services provided by way of renting of motor vehicle by any Individual/Firm/LLP to any Body corporate (companies), covered under reverseRead More…
Resignation of Director
The director at his discretion may resign from directorship on reasonable ground matters by giving notice. The resignation of a director shall take effect from the date on which the notice isRead More…
Violation of Section 269SS and 269ST
Violation of Section 269SS and 269ST Background of Insertion Various legislative steps have been taken by the Finance Act, 2017 to curb black money by discouraging cash transaction and by promoting theRead More…
GST Composition Scheme
Composition Scheme is a simple and easy scheme under GST for taxpayers. Small taxpayers can get rid of tiresome GST formalities and pay GST at a fixed rate on turnover. This schemeRead More…
GST Annual Return
FORM GSTR – 9 is to be filed which is known as Annual return. It is compilation return of all Intra and Inter State Outward/ Inward Supplies made during the particular financialRead More…
Form DIR – 3 KYC
The Rule 12A of Companies (Appointment and Qualification of Directors) fourth Amendment Rules, 2018 provided that ‘Every individual who has been allotted a Director Identification Number (DIN) as on 31st March ofRead More…
DEDUCTIONS U/S 80
Section 80C: Deduction in respect of payment of Life insurance premium, Children Education Expenditure etc. 1. Payment of tution fees to any university,college,school or any other educational instituion situated in India forRead More…
CORPORATE SOCIAL RESPONSIBILITY
An entity cannot survive in an isolated environment.Its existance depends upon the external factors even called as the business environment. Hence, it becomes the obligation of an organization to look after theRead More…
Union Budget 2019
Budget Highlights : 1. Income Tax A. Interest on House Loan Deduction – Section 80 EEA It was increased by Rs. 1.5 Lakhs for Interest on home loan taken on self occupiedRead More…
Advance Tax
Advance TAX Any amount which is paid as a tax on income earned or received, before the end of the financial year is called an advance tax. It is also called aRead More…