E-PERSONAL HEARING IN GST BRIEF INTRODUCTION The Bangalore Zonal Unit of Directorate of Systems and Data management was vested with the main task for development of Dispute settlement and resolution (DSR), Investigation, Audit, Mobility and E-way Bill modules. Among these, Adjudication is among the main modules in respect of compendious Dispute Settlement and Resolution (DSR) module, which is …
READ ALL ABOUT ROYALTY TAXATION UNDER INCOME TAX ACT, 1961 BRIEF INTRODUCTION Royalty refers to the payment made in any kind and the same is received as consideration for the utilization of any intangible property like patent, copyright, design or model, secret formula or process, trademark, name or for information concerning industrial, commercial or scientific experience. Royalty ensures that …
GST IMPLICATIONS ON DISCONTINUATION OF BUSINESS BRIEF INTRODUCTION Many businesses change their structure for various reasons and purposes like for betterment of business from declining phase or to extend the worth of their business or to possess potency in market competition. In recent times after the COVID 19 crisis, more businesses are restructured thanks to continuous losses or thanks to difficulties in continuation of business. A …
TOP 10 CRYPTOCURRENCY AND ITS FEATURES (OTHER THAN BITCOIN) Best Cryptocurrencies to Buy: Most Promising Layer 2 token: Polygon (MATIC) Holds Most Market Enthusiasm: Ethereum (ETH) Best Payment Solution: Stellar Lumens (XLM) Highest Growth Potential: Chainlink (LINK) Best Store of Value: Bitcoin (BTC) Best Hedge Against ETH: Cardano (ADA) Ethereum (ETH) Launched: 2015 Market value: $70 billion Features – Built-in programming language lets developers …
Registration of Merchant Banker License in India Who is Merchant Banker? A merchant banker is defined as any person who is engaged in the business of issue management, either by making arrangements for buying, selling, or subscribing to securities or by acting as a consultant, manager, or rendering corporate advisory services in relation to such …
Section 80C, 80CCC, 80CCD, and 80D deductions: The tax department provided various deductions from taxable income in Chapter VI A deductions in order to encourage savings and investment among taxpayers. As 80C is the most well-known, other deductions are useful to reduce tax liability for taxpayers. Let us have a clear understanding of these deductions. …
FAQs ON DEDUCTIONS UNDER SECTION 80C, 80CCC, 80CCD & 80D Are taxpayers allowed to say 80C deductions while filing taxation return? Claim for 80C deduction is allowed while filing income return before the top of that Assessment Year. Which year will the investments reflect within the tax return? Assume a taxpayer made investments in accordance with Section 80C guidelines on 30th April 2019. Then, …
Guidance on New Income Tax Section 234F (Fee for delayed filing of Income Tax Return) Most of us have a habit of putting off tax preparation until it is absolutely necessary. For us, failing to meet the tax filing deadline simply means filing a late return. But here’s a bit of advice to all such …
FAQs ON RBI REPORTING UNDER SINGLE MASTER FORM Q.1 the primary step for creating the specified reporting under a brand-new structure? Ans: Registration as Entity user is that the initial step within the new reporting system, if you’re registered as Entity user then you’ll file the Entity Master for providing the main points of Foreign Direct Investment including indirect foreign investment. Submission of Entity master doesn’t mean that you just have done regulatory filings under …
SEBI Investment Advisors Amendment Regulations 2020 The Securities Exchange Board of India recently vide PR No. 37/2020 notified of the amendments to the SEBI (Investment Advisors) Regulations, 2013. The Investment advisors amendment is aimed to strengthen the regulatory framework for investment advisors. Overview of the SEBI Investment Advisors Amendment In India, investment advisers (“IAs“) are regulated …