What is poem? Place of effective management – Legallands
Introduction to Place of Effective management 1990’s has been regarded as a watershed event in the economic sector of India. Various reforms had been introduced at that point of time [...]
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REQUIREMENT TO UPDATE KYC OF ALL THE DIRECTORS AND E-FORM
As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through a new EFORM viz. DIR-3 KYC to be notified and deployed shortly. Accordingly, every [...]
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Reduction in Corporate Tax Rates for both Domestic and Manufacturing Companies
Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs. The Government has brought in the Taxation Laws (Amendment) Ordinance [...]
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GST on Transfer of Development Right TDR, FSI & RCM after 1st April, 2019 altered
As per new provisions, where land owner has transferred development rights on or after 01st April 2019 to a builder for construction of a project, the land owner is relieved [...]
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Rectify the Errors and Unclaimed ITC for Previous Year 2018-19
Wonder when to rectify the Errors and Unclaimed Credits for Previous Year 2018-19? Here is the solution for all your queries, an individual having GSTIN and couldn’t claim his ITC [...]
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BUYING IMMOVABLE PROPERTY? TAX AUTHORITIES ARE WATCHING YOU….
Owning of Property in India has a sentimental value in addition to the financial value. So, amidst the sentimental gush of being an owner of a house do not forget [...]
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GAINS ON EQUITY INVESTMENT NOW TAXABLE
Before 1st April 2018 Long term Capital Gains on Equity investment were exempt from tax under section 10(38). However this would be the first year (F.Y 2018-19) where the Long [...]
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SOCIAL MEDIA UNDER SCRUTINY OF TAXMAN
Who would have ever thought that posting pictures of foreign travels, 5-star hotels, luxury cars or lavish events on social media may land you a notice from the Tax Authorities? [...]
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TDS and TCS Provisions under GST surely be imposed from 1st July 2018!
The introduction of GST law on 1st July, 2017 also saw deferring of TDS/TCS provision, which were proposed to be implemented from a later date. The GST Council further defers/ [...]
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