Taxpayers are free to utilise ITC available in their credit ledger
Taxpayers are free to utilise Input Tax Credit available in their credit ledger as permissible by law to discharge their...
Month: March 2021
Acceptance of Deposits from Public by Certain Companies
Section 76 of the Companies Act 2013 (1) Notwithstanding anything contained in section 73, a public company, having such net worth...
Important Changes with effect from 01-04-2021 in GST
Important Changes with effect from 01-04-2021 in GST 1. E-Invoicing A. A notified class of registered persons must prepare invoice by...
CA Qualification will be considered Equivalent to Master’s Degree: ICAI
The Institute of Chartered Accountants of India (ICAI) has announced that the Chartered Accountant (CA) Qualification will be considered Equivalent...
HSN/SAC Code Mandatory w.e.f. 01-04-2021
The CBIC issued Notification No. 78/2020 – Central Tax, dated October 15, 2020 to mandate 4/6- digit HSN/SAC Code on supply of...
Repayment of Deposits, etc., Accepted Before Commencement of this Act
Repayment of Deposits, etc., Accepted Before Commencement of this Act Section 74 of the Companies Act 2013: (1) Where in...
Goodwill, no longer a depreciable asset w.e.f. 01-04-2021
Budget 2021 – The Finance Ministry is of the view that Goodwill, in general, is not a depreciable asset and in fact...
Merger Agreement Format ICAI
To Download Format Merger Agreement Format Click here
Updation Regarding Selection Of Core Business Activity For Every Registered Person On GST Portal
Updation Regarding Selection Of Core Business Activity For Every Registered Person On GST Portal: The Goods and Service Tax Network...
CBDT notifies Amendment in FORM NO. 12BA under Income Tax Rules, 1962 [Read Notification]
The Central Board of Direct Taxes (CBDT) notified the amendment in FORM NO. 12BA under Income-tax Rules, 1962. The Board...