Cost inflation index for Financial Year 2021-22 notified
CBDT notifies ‘317’ as Cost inflation index for Financial Year 2021-22 / Assessment Year 2022-23 vide Notification No. 73/2021-Income Tax...
Procedure for Conversion of Partnership Firm into Private Limited Company
Conversion of Partnership firm into a Private Limited Company is a good option for anyone who wishes to expand small...
Board Report Disclosures for FY 2020-21
Sec 134 of Companies Act, 2013 read with Companies (Accounts) Rules, 2014 and other Rules The Directors/Board’ report is a financial document...
Update IEC code by June 30, even if no Changes: DGFT
The Director-General of Foreign Trade (DGFT) has directed that all Import Export Code (IEC) holders are now legally required to...
GST on Job work by way of milling of wheat into flour or of paddy into rice – Analysis of CBIC Circular
CLARIFICATION ON JOB WORK BY WAY OF MILLING OF WHEAT INTO FLOUR OR OF PADDY INTO RICE Circular No. 153/09/2021-GST,...
GST on Milling Services supplied to State Government for PDS Supply
GST on Milling Services supplied to State Government for PDS Supply under Circular No. 153/09/2021-GST which exempts the supply of composite...
Webinars on recent functionalities related to Refunds deployed on GST Portal
Webinars on recent functionalities related to Refunds deployed on GST Portal. Various new functionalities are implemented on the GST Portal,...
Amendment in One Person Company & Small Company w.e.f. 01-04-2021
A. ONE PERSON COMPANY (The amendment will be effective from 01st April 2021) 1. Who can Incorporate OPC : Current Provisions: OPC...
TDS applicability on NGO/NPO
Applicability of TDS on Payment made by NGO:- TDS provisions is also applicable to the NGOs. There is no general...
MSME Relaxation: Extension of Validity of UAM’s till 31.12.2021
Ministry of Micro, Small and Medium Enterprises Extends Validity of Udyog Aadhaar Memorandum from 31st March, 2021 to 31st December,...