CAclubindia Articles

All about Limited Liability Partnership (LLP)

ACS Shahbaz Khan 23 March 2023 at 08:50

A Limited Liability Partnership (LLP) is a partnership firm that provides the benefits of limited liability to its owners while retaining the flexibility of a traditional partnership.

Relief to Small and Medium Taxpayers in State Budget

CA Umesh Sharma 23 March 2023 at 08:50

Maharashtra State Budget was presented by Deputy Chief Minister (Finance)Shri Devendra Fadnavis on 9th March 2023. It was based on 'panchamrit' (five) principles with a focus on Farmers, Women, Youth, Employment, and Environment.

All about Remission of Duties and Taxes on Exported Products (RoDTEP)

CA. Heet Shah 22 March 2023 at 06:49

RoDTEP stands for Remission of Duties and Taxes on Exported Products. It is a new scheme that has been introduced by the Government of India to replace the earlier Merchandise Exports from India Scheme (MEIS) for exporters.

High-value transactions in India: Tips for compliant tax filing

Rashmi 22 March 2023 at 06:49

The Income Tax Department in India monitors high-value cash transactions above a specific limit, and failing to disclose such transactions while filing Income Tax Returns (ITR) can lead to notices from the authorities.

Regulatory Framework: Liability of Independent Directors

Affluence Advisory 22 March 2023 at 06:49

An independent director shall be held liable, only in respect of such acts of omission or commission by the listed entity which had occurred with his [/her] knowledge, attributable through processes of the board of directors, and with his [/her] consent or connivance or where he [/she] had not acted diligently with respect to the provisions contained in these regulations.

Important things from Income Tax aspect to consider this March ending!

CA Umesh Sharma 22 March 2023 at 06:49

Important tasks of income tax that should be undertaken before this March end has been listed in this article.

Rectification of errors under GST

CA Sudhir Halakhandi 21 March 2023 at 19:37

The errors can be rectified in any decisions or order or notice or certificate or any other document as per section 161 but since on most of the cases dealers / asseseee are concerned with the orders hence we should try to understand the concept with Rectification of Mistakes/errors in Orders.