Audit is the foundation of any tax law to check on the taxpayer whether they are complying with the taxation laws. Professionals like CA/CPA and revenue authorities can conduct audits, which are generally called assessments. The dictionary meaning of the term “audit” is check, review, inspection, etc. In India, various types of audits are prescribed

Every organization which has registered itself under the FSSAI Act shall comply with the requirements for complying with FSSAI Annual Returns which shall be filed within due dates as prescribed in regulation 2.1.13 and in case of non-compliance a penalty shall be levied. Let us understand who all are required to file FSSAI Annual Returns

The most suited form of corporate structure for medium and small businesses who want to grow and obtain startup funding is Private Limited Company. A Private Limited company has a separate legal entity different from its directors and shareholders. It has advantage for its shareholder since they enjoy limited liability to the extent of their

Summary of Notification No. 18/2023 to 26/2023-CT and Circular No. 192 to 199 issued on 17th July 2023, in pursuance of the 50th GST Council Meeting held on 11th July 2023. In pursuance of the recommendations made in the 50th GST Council Meeting, the Board has issued Notifications and circulars clarifying various issues. Provided below

The  Income Tax Act provides several tax reliefs to reduce the taxable income of individuals and companies. One of such  deduction is made under Section 80JJA of the Income Tax Act and is commonly known as 80JJAA deduction. Section 80 JJAA of the Income Tax Act is a significant provision that aims to promote employment

The moment new financial year starts, every company begin sending Emails to their employees to submit Investment declaration in order to compute employee’s taxable salary income and give necessary deductions/benefits from their total income and reduce their tax burden. Most of the time employees either miss to submit those declaration or are unaware on how

Introduction The Companies Act, 2013, introduced significant reforms to corporate governance and transparency in India. One of the important provisions under the Act is the requirement to file the DPT-3 form. The DPT-3 form pertains to the disclosure of details of outstanding loans, deposits, and other forms of non-deposit liabilities by companies. In this article,

What is Trademark Protection The Trade Marks Act, 1999 provides a robust legal framework for the trademark protection and registration . One crucial aspect of this legislation is the provision for objections and oppositions, which allow interested parties to raise concerns and challenge the registration of a trademark. These mechanisms play a vital role in

Circular No. 199/11/2023-GST F. No. CBIC-20001/5/2023-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing ***** New Delhi, Dated the 17th July, 2023 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioners of Central Tax (All) The Principal Directors General/ Directors General (All) Madam/Sir,

The availability of online trading platforms and ease of trading with the help of technology has made share trading a popular activity amongst the taxpayers and now investors aren’t just limited to those who engage in long-term share trading. Primarily there are three methods of trading in share market: In this article we are going