Section 15 tells us about the value of taxable supply of good or services, whereas section 15(3) cover the discount part under value of supply.
MCA vide General Circular no. 28/ 2020 dated 17th August 2020 has issued Clarification on Extension of Annual General Meeting (AGM) for the financial year ended as at 31.03.2020- Companies Act, 2013.
One thing that I have observed since lockdown is that we have all been thrown into the same sea but definitely we are all not on the same boat. Each one of us is having their own set of problems and our very own way of dealing too.
Recently CBIC issued Notification No 60/2020 enhancing threshold for preparing E-Invoice to Rs 500 Crores. Earlier the said limit for preparing E-Invoice was Rs 100 Crores. The provisions shall come into effect from 1st October, 2020.
On May 27, 2020, the CBDT issued a notification which has far-reaching implications for offshore funds. The notification has amended Rule 10V of the Income Tax Rules, which provided that Indian Fund Managers would have to be remunerated on atleast at an arm’s length price
18 August 2020 at 09:58
Krishna, the taxpayer's charter has been announced by PM Modi on 13th August 2020. What is it about? asks Arujana.
Know the various GST Returns to be filed on or before 30/09/2020 and the compliance to be fulfilled before 30/09/2020
In the case of Residential House Property, the developer is liable to pay GST under Reverse Charge Mechanism. For units remaining unsold on Completion Certificate (CC) at the rate of 18%.
From speeding up transaction processing to gaining actionable insights to make informed decisions, every business owners are aware of several benefits of a retail POS system.
National Pension System is a contributory pension system which was initially (from 1st January 2004) introduced for the government employees and later rolled out for all citizens of India from May 1, 2009. Any citizen of India in the age group 18 to 65 years can join the NPS.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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