Through Venture Capital, a company having Innovative ideas, growth oriented startups etc. may benefit to run its business smoothly by exchange of equity.
The turnover and investment criteria of the MSMEs have been revised to give a boost to the MSME Sector amidst COVID outbreak
In Real E-State sector Transfer TDR is prominent method for utilizing the potential. Where in Holder of TDR transfer the TDR generated from waving the right, su..
Is GST payable on sale of units/flats to landowner for free?
Compliance - Due Date Chart Direct and Indirect Tax
The Finance Minister while giving the details of the Economic Package announced the extension in the Tax Audit date and the due date to file the Income Tax Return. However, with the deferment one should not forget the Tax Audit Checklist for FY 19-20.
Now moving back to our Topic of INPUT TAX CREDIT for Real E-State Sector, which is one of the most important aspect after introduction of Goods and Services Tax Act, to calculate 'Eligible Input Tax Credit'.
TDS/TCS Rates for FY 2020-21 were revised in the Finance Act 2020. The Finance Act 2020 gave effect to the Budget 2020 changes in existing TDS/TCS Rates or addendum new TDS/TCS Rates, A.Y 2021-22
In this article, I am discussing on the applicable rate of GST on different services boxed under Real Estate mentioning the reference of relevant provision.
Income Computation and Disclosure Standard (ICDS) and Relevance to income tax