Rule of harmonious construction requires that a provision of law must be read as a whole and not in isolation. The law should be given effect to without adding anything as per the intention of the legislature.
When alert of risky exporter is invoked on the Import Export Code, all the refunds of IGST, Drawback and other benefits gets stopped and all the export consignment are subject to verification.
In this article, we will discuss the Composition Scheme in detail, including the Composition tax rate, GST Forms, and composition rate for service providers.
Freelancers are not only tied up for certain projects but they are tied up with certain companies too. This often creates confusion about whether GST is applicable or not for the services provided.
EPFO members are people who contribute to a retirement fund called Employees' Provident Fund Organization. When they retire, they can get a pension.
It has been disputed for a long, whether an unregistered partnership firm can file a suit albeit the long-standing provisions of the Indian Partnership Act, 1932 which clearly bars the unregistered partnership firm to file suit in any court. In this regard, there have been various contradictory judgments.
What is tax audit?The dictionary meaning of the term "audit" is check, review, inspection, etc. There are various types of audits prescribed unde
Advance tax is a tax that needs to be paid in advance on estimated income, in contrast to the regular tax paid at the end of the financial year. In this article, we will cover the basics of advance tax, including the procedure for calculating and paying it.
Brief highlights of the Recent Key Amendments which will become effective from April 01, 2023, and actions to be taken by the respective Companies for the same
In this article, we will explore the procedure to incorporate a startup company in India and its benefits.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
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