Resignation By Auditor Under The Companies Act, 2013
As per the Companies Act, 2013 (“Act”), every company must appoint an auditor to oversee and maintain its financial records. The audit report prepared by an auditor is a crucial…
As per the Companies Act, 2013 (“Act”), every company must appoint an auditor to oversee and maintain its financial records. The audit report prepared by an auditor is a crucial…
Registered taxpayers can preview their GSTR-9 information before filing it on the GST portal. The portal offers an option to download the draft GSTR-9 in Excel format, allowing taxpayers to…
Directors’ remuneration refers to the compensation a company provides to its directors in exchange for their services. This payment may take the form of fees, salary, or the use of…
Creating a trust in India is a legally recognized way to manage and distribute assets for the benefit of individuals or communities. The Indian Trusts Act, 1882 ("the Act") governs…
In India, certain business transactions require a GST Clearance Certificate. Issued by the GST tax authorities, this certificate holds significant importance. In this guide, we will explore everything about the…
The Central Board of Indirect Taxes and Customs (CBIC) introduced Rule 86B through Notification No. 94/2020 dated 22nd December 2020, which came into effect on 1st January 2021. ITC Utilization…
The Goods and Services Tax (GST) on tours and travel services varies based on whether input tax credit (ITC) is claimed. If ITC is not availed, a 5% GST is…
An advance refers to an amount received before the actual supply of goods or services. Under GST, the time of supply rules dictate when tax liability arises for such advances.…
The Registrar of Companies (ROC) operates under Section 609 of the Companies Act, 2013, overseeing company registrations across different states in India. Functioning under the Ministry of Corporate Affairs (MCA),…
Section 194C of the Income Tax Act: TDS on Payments to Contractors and Subcontractors Section 194C of the Income Tax Act focuses on the deduction of tax at source (TDS)…