In continuation of our Series on various important terms used in Start-up , here we are sharing our series-2 comprising of important terms used by industry and vital for any startup to model their business accordingly. S. No. Startup Term Meaning 11 Churn It means that every month or quarter or whatever period for which
What Is a Startup? The term startup refers to a company in the first stages of operations. Startups are founded by one or more entrepreneurs who want to develop a product or service for which they believe there is demand. These companies generally start with high costs and limited revenue, which is why they look
Section 35(1) of CGST Act, 2017 read with rule 56 of CGST Rules 2017 prescribed for maintenance of various records and documents along with other provisions of the act. Highlighting the checklist of accounts and records to be maintained under GST along with the Auditor’s checklist (though audit is not mandatory from FY 2020-21) Exhaustive
In re., Tube Investment of India Limited (GST AAR Uttarakhand) order dated 24.11.2022 Whether nominal recoveries made from the employees who are provided food in the factory canteen would be considered as a “Supply”? Facts of the Case: This is an application under Sub-Section (1) of Section 97 of the Central Goods & Service Tax
Deduction of tax at source from payment on transfer of certain immovable property 1 Provisions of Section 194-IA: (1) Any person, being a transferee, responsible for paying (other than the person referred to in section 194LA) to a resident transferor any sum by way of consideration for transfer of any immovable property (other than agricultural land), shall,
- 05/06/2025in Uncategorized
Compliance Calendar for June 2025
... - 22/04/2024in Uncategorized...
