Micro, Small, and Medium Enterprises (MSMEs) are classified based on investment and turnover. This classification is crucial for determining eligibility for various government schemes and benefits.
This article explores the significance of preserving audit trails for eight years and how this requirement is deeply connected to the security of the data centers where these records are stored
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 / 2013
As India celebrates its 78th Independence Day, it's essential to reflect on the radical shift in the ideals of the youth during the pre-independence era and today.
Download Automatic Income Tax Arrears Relief Calculator u/s 89(1) with Form 10E for the FY 2024-25 as per Budget 2024
Recording and Preservation of Video recordings of Proceedings of General Meetings conducted through Audio Visual Means-their imperative need
Upholding ITAT's decision to delete income tax addition under Section 69 of the Income Tax Act (ITA) due to lack of direct evidence.
The process of valuation typically involves obtaining information from outside sources, working with few inputs, and estimating the entity's or asset's future viability.
In a significant regulatory development, the Insolvency and Bankruptcy Board of India (IBBI) has introduced a new mandate that requires all valuation reports under the Insolvency and Bankruptcy Code (IBC), 2016, to include a unique Valuation Report Identification Number (VRIN).
On August 12, 2024, the Central Board of Indirect Taxes and Customs (CBIC) issued Instruction No. 02/2024-GST. This document outlines the guidelines for a second special All-India drive against fake GST registrations.