Gift given by HUF to its Member is Considered as Income of Member?
Any person receives Gift from any other person, would be consider as income of the recipient as per section 56(2)(x)...
Conversion of Company into LLP
The following won’t be recognized as ‘transfer’, and hence, no capital gain to be arise on the same: -Any transfer...
MCA21 Version 3.0 [Revamped Website, e.Book, e.Consultation Module and New Email Services
Minister of State for Finance and Corporate Affairs Shri Anurag Singh Thakur launched the first phase of MCA21 Version 3.0 (V3.0) comprising...
Works contract under GST – Analysis and Tax Rates
Definition of works contract under GST- Section 2(119) CGST ACT 2017- defines works contract as contract for- -Building -Construction -Fabrication...
Section 8 Company: Privileges & Exemptions
Section 8 of Companies Act, 2013 empowers Central Government to register a special type of company as limited company having charitable objects...
Dividend Deceleration by Nidhi Company
In this article, we shall study about the provisions of declaration of divided applicable on the Nidhi Company as explicitly...
Items/Income other than Sales/Service Receipt – GST Implication
There are many items which has different treatment in Income tax v/s treatment under GST Laws. So while auditing we...
Basics of Input Tax Credit (ITC) under GST
This article deals with the concept of Input Tax Credit (ITC) under GST. What is Input tax Credit, how it...
Process for Name change of Company | Companies Act, 2013
How to change Name of the Company ? The Name of a company is its unique identity, and the same...
Documents required for GST Registration
A. In case of Proprietorship Firm:- 1. Pan card and Photograph of Proprietor. 2. Mobile No. & Email Id of Proprietor. 3....