In India, transfer pricing is regulated by the Income Tax Act 1961 and the rules prescribed thereunder. The Central Board of Direct Taxes (CBDT) is responsible for enforcing India's transfer pricing regulations.
Incidence of Section 112A in the hands of unit-holders of a business trust, to be taxed at maximum marginal rate (MMR) u/s 115UA of the income tax act, 1961
10 January 2023 at 08:46
GST has made the tax return filing procedure simple by merging the information about the products and services of the sellers and customers under one head.
Section 195 of the Income Tax Act of India pertains to the deduction of tax at source on certain incomes received by a non-resident or a foreign company.
MCA has issued General Circular No 01/2023 and 02/2023 in respect of the release plan of 45 forms on MCA V-3 and Filing of GNL-2 and MGT-14 and non-availability of forms on MCA for 15 days w.e.f. 07 January, 2023 to 22nd January, 2023.
Taxability of gift received by any person, i.e., sum of money or property received without consideration or a case in which the property is acquired for inadequate consideration.
Compliance Tracker for the month of January 2023
important clarifications/ amendments issued by the Government on GST in December 2022/ January 2023 alongwith compliance timelines in January 2023: Compliance..
The company’s law in India does not bar foreign nationals to become directors in Indian companies. A foreigner or a non-resident Indian can become an executive or a non-executive/independent director of Indian companies whether public or private.
The digital rupee, also known as the Digital Indian Rupee (DIR), has been a hot topic in the Indian financial sector for some time now. The idea behind the digital rupee is to create a digital version of the Indian currency that can be used for online transactions, just like the UPI.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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