Legal structure of the HUF entity and Residential Status

Legal structure of the HUF entity and Residential Status

Hindu Undivided Family, also commonly known as, HUF, is the separate legal entity. It is created by the operation of…

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3rd Installment of Economic Package attributable to Covid Crisis

3rd Installment of Economic Package attributable to Covid Crisis

On economic package of 20 lakh crore, the FM Nirmala Sitharaman is briefing the schemes from the last two continuous…

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“One Nation, One Ration Card” says FM Nirmala Sitharaman

“One Nation, One Ration Card” says FM Nirmala Sitharaman

In continuation of Economic Package of Rs. 20 Lakh Crores declared by PM Modi on Tuesday, FM provided more briefing…

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FM announced Economy Package worth 20 lakhs crores

FM announced Economy Package worth 20 lakhs crores

PM Narendra Modi urges the India to consume the local products and to promote them as well. In this Covid…

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Dividend – Declaration and Payment under Companies Act, 2013

Dividend – Declaration and Payment under Companies Act, 2013

Dividend means the return on the capital provided to the companies by its shareholders. As per Section 2(35) of the…

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Proceedings before Dispute Resolution Panel (“DRP”)

Introduction In respect of assessment order to be passed after October 1, 2009, the Assessing officer (“AO”) before making any…

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Duties of Directors of the company

Duties of Directors of the company

The companies registered under the Companies Act, 2013, have a separate legal entity. The operations are managed by the Board…

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What is PAN and Benefits of having the same

What is PAN and Benefits of having the same

Permanent Account Number (commonly known as PAN) is the alpha-numeric number, consisting 10 digits and issued by the Income Tax…

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Blocking of Input Tax credit(ITC) under section 17(5) of CGST Act

Blocking of Input Tax credit(ITC) under section 17(5) of CGST Act

GST is a consumption based tax, and at every stage, ITC for earlier paid Tax is allowed to be claimed….

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CA exams further postponed, Know the new schedule

CA exams further postponed, Know the new schedule

ICAI made an annoucement on 2nd May,2020, to further postponement of CA exams, which were orginally going to held from…

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