Introduction to LLP Form 8 – Statement of Account & Solvency In the vibrant and dynamic business landscape of India, Limited Liability Partnerships (LLPs) represent a popular organizational structure, offering…
Understanding DRC-01C: Notice of ITC Mismatch in GSTR-2B vs GSTR-3B When operating in the realm of GST in India, maintaining accuracy in the filing of monthly returns, specifically GSTR-1 and…
With the implementation of GST (Goods & Services Tax) in India, the tax landscape saw a seismic shift. This monumental tax reform was accompanied by new procedures, notifications, and forms…
As the complexities of global business evolve, so do the requirements for regulatory compliance. Starting from March 1, 2024, India’s Goods and Services Tax (GST) law will undergo a significant…
In the era of digital transformations, the Goods and Services Tax (GST) Department has upped its game, extending the taxpayer experience beyond net-banking to newer, more expedient methods of e-payment….
In the Indian economic landscape, property rental holds significant weight, both as a vital income source for individuals and businesses, and as an unavoidable expense component for countless firms. The…
Understanding the principles of taxation law can often be convoluted and challenging. Especially in India, with its plethora of regulations and continuous amendments, navigating these complexities can be like traversing…
In today’s world, managing and systematizing financial transactions of individuals and corporate entities demands a streamlined process. One instrumental tool that aids in this context is the Permanent Account Number…
Foreign grants and contributions play a pivotal role in supporting numerous Indian non-profit entities like Charitable Trusts, Societies, and Section 8 Companies, enabling them to carry forward their philanthropic operations….
In the world of startups and entrepreneurship, the business landscape is constantly evolving. The Companies Act, 2013 enabled the formation of a completely new genre of companies in India, known…
In the realm of business, a company is not always about making profits. Some companies are registered with the primary intent of promoting arts, commerce, education, sports, charity, and more….
Understanding HUF In the panorama of taxation, several provisions enable taxpayers to optimize their tax liability. An effective, albeit underutilized method among these, is leveraging the concept of a Hindu…