The term "business structure" refers to the legal framework that governs an organization within a specific jurisdiction. It defines the rights and responsibilities of the company and its owners, including the ability to raise capital, assume liabilities, and pay taxes.
10 Income Tax Amendments that are applicable from April 2023
Q 1: Whether a Firm of Chartered Accountants can accept Audit of a branch of a bank, while one of the partners of the said firm has taken loan from a different ..
Important points related to GST notifications as issued on 31st March 2023.
With this article, the author intends to discuss the responsibility casted upon the Management for effective maintenance and safe custody or preservation of records including Audit Trail.
Frequently Asked Questions (FAQs) on IND AS 10
Place of supply provisions relating to freight forwarder and exporter as well as proposed changes in those provisions vide Finance Act, 2023.
Self Assessment Tax & Additional Income Tax
As the name suggests, digital plumbing serves a similar role to the plumbing system that you find in a house. Just as a home plumbing system directs the flow of water through pipes, a digital plumbing system directs the flow of information between all the apps that organisations use to run their business processes.
Section 73 talks about the determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilized for any reason other than fraud or any willful-misstatement or suppression of facts.