In this article, we will delve into the intricacies of these provisions, shedding light on the audit process from both the taxpayer's and the tax authorities' perspectives.
Considering the cash transaction limits under income tax laws, transactions in cash above Rs 2 lakh in a single day are not permitted. Section 269ST of the Income Tax Act, 1961, prohibits cash transactions exceeding Rs 2 lakh in a single day or in aggregate from a person.
This article is prepared to help the company officials (I.E. HR, Accountant, Finance Managers, & Company Secretary) involved in preparation of Actuarial Inputs for Actuarial Valuations in compliance of AS 15 (Revised 2005) & IndAS 19 to understands various technical points while preparing the Inputs.
GST came into force on 1st July, 2017 and we will be celebrating 6 years of GST this year. Currently, there are 1.39 crore businesses registered under GST.
ESOP are employee benefit plans that offer employees ownership interest in the organization they work. In other words, ESOP are the right / option given to eligible employees by the employers to buy equity shares of the company at a predetermined rate within a stipulated time.
In this article, we will cover what a tax-saving fixed deposit is and how you can benefit from it.
23 May 2023 at 09:02
. In this article, we will provide valuable information on the benefits of registering an Indian Subsidiary Company from France, the entry strategy for company registration, and the process to establish your business successfully.
Statutory auditors play a crucial role in upholding the accuracy and reliability of financial statements for companies. To ensure their independence and integrity, the Companies Act, 2013, includes provisions that regulate the activities of statutory auditors. S
Share capital refers to the total value of shares issued by a company and held by its shareholders. It represents the initial or subsequent investment made by individuals, institutions, or other companies in exchange for ownership in the business.
The Reserve Bank of India (RBI) has recently made a significant announcement that will impact the way we handle our currency. In a move to maintain a robust and efficient currency circulation system, the RBI has decided to withdraw the ₹2000 denomination banknotes, which were introduced in 2016 after the historic demonetization move.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
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