Board Resolution for change of registered office
Board Resolution for change of registered officeWhat is a Registered Office?The registered office is the official address of a company recorded with the Registrar of Companies (RoC). It’s where the…
Know Your TAN: How To Get Tan Number & Download TAN Certificate
Online TAN Number Application for buying NRI property in IndiaWhen a person buys property from Non-Resident Indian (NRI) in India, tax deduction at source (TDS) becomes mandatory under the Income…
How to Choose the Right ITR Form for FY 2023-24 (AY 2024-25)
How to Choose the Right ITR Form for FY 2023-24 (AY 2024-25)Filing your Income Tax Return (ITR) correctly is crucial, and understanding which form to use can make the process…
Taxation of Seafarer/Merchant Navy in India
Taxation of Seafarer in India Taxation of seafarers in India has historically been one of the most misunderstood areas under Indian income tax law. The complexity arises from the interplay…
Taxability
Taxability of Health Care services under GST
India is the biggest maker for generics. In terms of volume and value, the nation's pharmaceutical industry is currently third largest in the world. The demand for better healthcare services…
Taxability on Sale of Agriculture Land under Income Tax Law
Taxability on Sale of Agriculture Land under Income Tax Law
The transfer of a capital asset is considered a capital gain or loss, depending on the circumstances. The charging section of the Income Tax Act of 1961, Section 45(1), states…
Life Insurance Policy
Section 10(10D) Exemption towards amount received under a Life Insurance Policy
We are aware that the life insurance policy comes with a number of benefits, one of which is a tax benefit. The tax benefit can be taken as a tax…
Companies Act
Right Issue of Shares under Companies Act,2013
Background: In accordance with Section 62(1) of the Companies Act of 2013, if the company decides to issue new shares, those shares must be made available to existing shareholders in…
GOODS AND SERVICES TAX
List of Exempted Goods under GST with HSN Code
Article Compiles list of 149 Type of Goods which are exempt from Tax under GST with respective HSN Code and Description of Goods as per Notification No. 2/2017-Central Tax (Rate)…
MAT credit
Computation of book profit & MAT credit U/S 115JB
Minimum Alternative Tax (MAT) and its computation of book profit and MAT credit under section 115JB of Income Tax Act, 1961 IntroductionThe Minimum Alternative Tax (MAT) is a provision in…
/amendment of GST Returns
Correction/rectification/amendment of GST Returns (GSTR 3B & GSTR 1)
We have seen a number of changes in the GST Regime, including changes made to returns. The government introduced GSTR-3B, which is a summary return, for a brief time, along…
Procedure -Change / Alteration of Name under Companies Act 2013
Because it is a legal entity, a company needs its own name to establish its distinct identity. The company's name is a sign of its independence as a business. The…
Small Company under Companies Act
New definition of Small Company under Companies Act, 2013
The Hon'ble Money Priest Mrs. Nirmala Sitharaman had introduced the Association Spending plan 2021 on first February, 2021. The Hon'ble Minister of Finance, Mrs. Nirmala Sitharaman, had proposed expanding the…
Process to Shift Registered Office of company from one State to other
The meaning of registered office, the step-by-step procedure for shifting a company's registered office, the steps after obtaining a new certificate from the ROC, and the provisions for verifying registered…