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TAXATION

Month-end Provisions and Reversal – Is TDS required to be deducted?

Month-end Provisions and Reversal – Is TDS called for Multi-national enterprises (MNEs) do make monthly provision for various expenses in their ERP system at the

“Bill to Ship To” model for e-Way Bill

INTRODUCTION: CBIC has issued clarification through press release dated 23042018 for requirement of e-way Bill for Bill To Ship To model for supplies of goods

Signing requirements of share certificates

1 After a long period of almost two years of enforcing the Companies (Amendment) Act, 2015 and barrage of amendments brought in the Companies(Share Capital

Landmark Service Tax Judgement:

Landmark Service Tax Judgement: In a ruling in favor of the construction industry, a two-judge bench of the Supreme Court, held that service tax cannot

No detention of goods during transportation or storage while in transit, merely on the ground of violation of procedural compliances under GST

In the latest judgment of “Indus Towers Limited Vs The Assistant State Tax Officer(2018)90 Taxmanncom 417(Kerala)”, the Kerala High Court held that the power of

Section 80JJAA: Deduction in respect of employment of new employees

Section 80JJAA: Deduction in respect of employment of new employees (1) Where the gross total income of an assessee to whom section 44AB applies, includes

GST Council’s meeting outcome:-

GST Council’s meeting outcome:- > GSTR-3B to continue till Jun’18; > GST Implementation Committee being tasked to redress the grievances caused to the taxpayers due

No need to prove occasion for receiving gift from relative

No need to prove occasion for receiving gift from relative HC deleted Sec 68 additions- Unexplained credit addition under section 68 with respect to gift

TDS on transmission

TDS on transmission Wheeling Charges, Open Access Charges or Transmission Charges by whatever name it may be called, Income Tax Authorities have tried to cover

Welcome Clarification on Job Work

Welcome Clarification on Job Work Clarification on issues related to Job Work The Central Government vide Circular No38/12/2018 – Central Tax dated 26th March, 2018

LEGAL & OTHERS

Chnages in MCA

What is the process of changing Company Name The following eforms need to be filed: 1The existing company needs to reserve the name through ‘RUN’

Benami Property

What is Benami Transactions Prohibition Act Benami literally means ‘without a name’ Therefore an asset without a legal owner or a fictitious owner is called

LIMITS BASED PROVISIONS WITH CONSEQUENCES ON NON-COMPLIANCE UNDER COMPANIES ACT, 2013

LIMITS BASED PROVISIONS WITH CONSEQUENCES ON NON-COMPLIANCE UNDER COMPANIES ACT, 2013 Sl No Particulars Relevant Sec(s) Rule(s) Rule No Class of Companies Exemption/  Non Applicability