Articles by CA Aakarsh Jain

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Important Changes in ITC and Vehicle Detention w.e.f 1st January 2022

  CA Aakarsh Jain    22 December 2021 at 16:50

The CBIC has issued CGST Notification No: 39 dated: 21.12.2021 which notifies the Sections 108, 109, 113 to 122 of Finance Act, 2021 will be enforced effective from 01.01.2022.



Annual Information Statement: Income on account of repurchase of units by MF/ UTI

  CA Aakarsh Jain    22 December 2021 at 08:51

The main objective of the 'Annual Information Statement' is to provide comprehensive tax information to the taxpayer and also to promote voluntary compliance as well as seamless prefiling of the income tax return (ITR).



TDS Liability in case of ESOP

  CA Aakarsh Jain    22 December 2021 at 08:48

ESOPs have been a significant component of the compensation for the employees of start-ups, as it allows the founders and start-ups to employ highly talented employees at a relatively low salary amount with balance being made up via ESOPs.