COMPANIES ACT 2013 - APRIL 2020 FAQ

COMPANIES ACT 2013 - APRIL 2020 FAQ This Month's FAQs relates to Incorporation of Company under Company Act, 2013 Following are the FAQs and their answers: How many perso...

GST Refund

REFUND UNDER GST WHAT IS REFUND OF TAX? Refund refers to any amount that is due to any person from the tax Under GST refund of tax means the amount accumulated with t...

Input Tax Working As per Goods & Service Tax Act India 2017

Input Tax Working As per Goods & Service Tax Act India 2017 What is input or input service? INPUT means any goods other than capital goods used or intended to be used by...

Equalisation Levy (EL) on Specified Services and E-commerce Supply or Services, Finance Act 2020

Equalisation Levy (EL) on Specified Services and E-commerce Supply or Services, Finance Act 2020 In Finance Act, 2020 the scope of Equalisation Levy has been expanded to include Eq...

DTAA, TRC, TDS & The Interlinking

DTAA, TRC, TDS & The Interlinking While making foreign remittance we deduct TDS whether as per Income Tax Act,1961 or as per DTAA or provide the benefit of DTAA,...

Depriciation AS-10 & Intangible Assets AS-26

DEPRECIATION AS-10 & INTANGIBLE ASSETS AS-26 AS-10 Property, Plant and Equipment Accounting Standard 10 deals with Property, plant and equipment (PPE). The standard lays down the acco...