The private limited company registration gives you access to crucial benefits: you can add shareholders, attract the best talent with equity and raise loans easily, among other things. But it’s no free lunch. To prove you’re worthy of these advantages, you need to comply with the rules and regulations...
Whenever your firm is entering into a business venture, first thing to do is to draft a Non-Circumvention and Non-Disclsoure Agreement (NCNDA). An NCNDA is used when a business needs to keep intellectual property and other confidential information secure in the early stages of a business venture arranged by brokers...
Step by Step guide by SattvaCFO to pay income tax online through net-banking account with selected banks. By following the steps given below, you can easily pay your income tax online: Step 1: Go directly to https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp Step 2:Scroll down to the Non-TDS/TCS section and choose “CHALLAN NO./ITNS 280”. This challan is used...
A company has to inform appointment of Auditors to Registrar of Companies (ROC) within 15 days of appointment. What is Form ADT-1 Form ADT-1 is used to informing appointment of Auditors to Registrar of Companies Timeliness for filing Form ADT-1 Form ADT-1 has to be filed within 15 days of appointment for example,...
Before moving to Tax Audit, let’s understand basic of Audit. Dictionary meaning of Audit is official inspection of an organisation’s accounts, typically by an independent body. What is Tax Audit? As the name suggest, Tax Audit is conducted with a purpose to ensure proper reporting of Income, Deductions , Compliance with...
Notification Number Date Subject Descriptions 51/2018 13/Sep/18 Appoints 1st October, 2018 as the date for enforcing Section 52 of CGST ( TCS on e-commerce operators) TCS provision on e-commerce operators will get implemented wef 1st October 2018 50/2018 13/Sep/18 Appoints 1st October, 2018 as the date for enforcing Section 51 of CGST ( TDS on notified persons) TDS provision will...
This articles deals with CBDT clarification on “No TDS on GST component on services rendered”. CBDT has clarified vide Circular No. 23/2017 dated 19th July, 2017 that if GST on Services component has been indicated separately in the invoice, then no tax would be deducted at source under Chapter XVII-B...
Latest GST News & Notifications 10th Sept 2018: [Gist of notifications issued under Central Goods & Services Tax (CGST) Act, 2017] Extension of Due date for GSTR-3B only for newly migrated taxpayersfor months July 2017 to Nov 2018 till 31st December 2018. The due dates remain unchanged for rest of the taxpayers. Quarter New...
Blockchain Technology is going to be a big game-changer. It could help to solve many business challenges. Some industries would get highly impacted while for others, the impact might not be so much. As technology is evolving and getting mature day by day, the new applications of this technology...
Are you salaried individual feeling the pinch of high taxes either in the form of Tax deducted at Sources (TDS) or Advance Tax? Have you ever thought of tax savings in a legal way? Have you avail all the tax benefits allowed in the income tax act? In this article,...
