Understanding GST on Cross Charge Transactions
The term "cross charge" is not explicitly defined in the GST Act, but it generally refers to the invoicing of goods supplied between distinct entities or persons. What Are Cross-Charge…
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…
GSTR-9 Excel Format: How to Download and Review GSTR-9 Draft on the GST Portal
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…
What is a GST Clearance Certificate: How to Get and Download It?
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…
ROC Search Report
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 194I – TDS on Rent
Section 194-I outlines the rules for deducting tax at source (TDS) on rent payments. This provision primarily applies to individuals earning income through rental agreements or subletting properties. As rental…
Everything You Need to Know About GST Returns: Filing, Due Dates, and More
Everything You Need to Know About GST Returns: Filing, Due Dates, and More Navigating the world of GST returns can be challenging, but timely filing is essential for ensuring compliance…
Section 194I – TDS on Rent: A Simple Guide
Section 194I of the Income Tax Act explains how to deduct Tax Deducted at Source (TDS) on rent payments. This section is meant for individuals or businesses paying rent for…
Section 54F of the Income Tax Act: Invest Your Capital Gains Multiple Times in a New Residential House
The Income Tax Act offers an exemption on long-term capital gains if you reinvest the proceeds into a new residential property, provided certain conditions are met. Recently, the Income Tax…
Company Incorporation Under the Companies Act, 2013
The Companies Act, 2013 governs the entire process of company incorporation in India, including the issuance of the company registration certificate. A business in India cannot legally operate without first…