Premium can be paid for the benefit of self, spouse, or children in respect of the individual. Premium can be paid for the benefit of any member in respect of HUF.
Chapter VI A deductions – Individuals Read More »
As per the notification No:17/2022, dated 01.08.2022, the threshold for applicability of E-invoicing has been revised to Rs. 10 crores from the existing Rs. 20 crores.
E-Invoicing – Rule 48(4) of CGST Rules, 2017 Read More »
GSTR-2A: Auto generated View-only dynamic GST return – Available Monthly. GSTR-2B: Auto generated View-only static GST return – Available Monthly
GST Returns – Compliance Read More »
Applies to all shops or establishments having 10 or more employees at any time during the preceding 12 months
Gratuity and Bonus to employees Read More »
The final judgement given by the High Court of Kerala in the case of Puthenpurakal Properties Private Ltd & VKL Homes India Private Ltd. Vs Union Of India & Registrar Of Companies, Kerala serves as a clarifier regarding e-form INC-22A
Appointment of whole time Company secretary and its relevance in INC-22A (ACTIVE) Read More »
Applicable to all factories and establishment with 10 or more persons employed in such establishment.
Employee provident fund VS Employee state insurance VS Labour welfare fund (Tamil Nadu) Read More »
It is the tax computed @ 15% on book profit plus surcharge and cess as applicable. If the assessee is located in IFSC (International financial services centre), then MAT is applicable @ 9% instead of 15%.
Minimum Alternate tax (MAT) – Section 115JB Read More »
The registration under GST will no longer be active and the dealer is not required to Pay/collect any GST, Claim any input tax credit or File returns.
Cancellation of GST Registration (Section 29 of CGST Act) Read More »
Composition levy is a mechanism available to taxpayers wherein they can choose to pay tax at a fixed percentage on the state turnover.
Composition Levy (Section 10 of CGST Act) Read More »
The liability to pay tax on goods, shall arise at the time of supply, as determined using the following provisions,
Time of supply- Basics Read More »
