Statutory Tax Compliance Tracker for the m/o March 2024
The Finance Act, 2023 inserted a new clause (h) in income tax section 43B that allows deductions made to MSMEs on an actual payment basis rather than the accrual basis if the payment is created within the threshold limit. This clause comes into effect from 1st April, 2023.
Now, I know as CA students and professionals, we value knowledge. Heck, our whole field is built on it! But here's what I missed before: words like "gyan" and "shakti" hold way more meaning than any simple English translation can give them.
The CBDT has issued order that tax demands under Income Tax Act, Wealth Tax, and Gift Tax which are outstanding as on 31st March pertaining to assessment year 2010-11- each demand entry up to Rs. 25000/- and assessment year 2011-12 to 2015-16 - each demand entry up to Rs. 10000/- shall be extinguished but subject to maximum ceiling of Rs. 1 lakh for any specific taxpayer/assessee.
The Reserve Bank of India (RBI) has played a crucial role in regulating the NBFC sector over the years. With the sector's evolution and growth dynamically the regulator amends the regulations from time to time giving the sector the flexibility to operate efficiently.
On the GST Portal, there is an option of E-Way Bill for Citizens. For whom this option is useful?Let us understand which the help of a story.Mr. Hardik is the o...
In this article, we have given a complete step-wise tutorial on how one can correct their name in their Aadhaar Card, in person, via post or online.
In this article we would be focusing our attention on various e-invoicing (E-INV) and e-way bill (EWB) compliances and practical issues faced by the Industry.
FSSAI Registration is for food business, therefore every Food Business Operator (FBO) must obtain license/ registration. FSSAI provides an opportunity for FBOs to apply for Registration/Licensing through an online Registration/Licensing system.
Navigating the intricacies of modern business landscapes is akin to traversing a labyrinth of regulations, standards, and internal policies. With each evolution in the business realm comes a corresponding evolution in the challenges of maintaining control and compliance.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English