FAQ on selling of property & application of form 26QB & Form16B : Q How to Download 26QB Form? A. If you are wondering how to pay and access the form through Challan 26QB then here are the steps you need to follow: Go to the TIN NSDL website and click on the link “e-payment: …
Profit-oriented NGO or trust can’t claim exemption u/s 10(23C). Charitable institutions registered under section 12AA of the Act may apply for exemption under section 11 if all the conditions have been fulfilled, . While Section 10 (23C) under income tax act is a specific exemption provision applicable to some public and private educational institutions, Section …
Overview GSTR 9C Optional Vs Compulsory tables For in Financial Year 2021-22 This Post a List of firm or corporate in Form GSTR-9C (Reconciliation Statement under the Goods and services Tax) that were compulsory or optional in Financial Year 2021-2022. For Financial Year 2017-2018, 2018-2019, 2019-2020, & Financial Year 2020-21 the GST Registered person shall …
GST Audit by GST department Timeline as Section 65 What does the GST Department’s audit entail? According to Section 2(13) of the Central Goods and Services Tax Act, 2017, a “audit” is defined as the review of records, returns, and other required documentation as specified in the Central Goods and Services Tax Act, 2017. if …
How to be prepared Resolution Plan under Insolvency Law A Model Resolution Plan. The plan is not a legislative or regulatory document and was created based on research into other approved resolution plans. The plan is not based on any provision or regulation under the code and may only be used as a guide …
IBC provisions of the Code & Regulations on Resolution Plan Under the Blog have brief details about the provisions of the Insolvency and Bankruptcy Code, 2016 & IBC Regulations made thereunder, in relation to the provision of Resolution Plans, its preparation, basic points to be contents along with approval Provisions compliances under IBC Code Provision …
Karnataka AAR Ruling: No GST for Reimbursement of Tree Cut Compensation paid to Landowners & Farmers during Execution of Work: Decision has been made by AAR Ruling that No GST for reimbursement of the tree cut compensation amount was paid to farmers and land owners during the execution of work : Karnataka Authority for Advance …
Summarized Pre-pack Insolvency Resolution Process Framework Stage Subject Matter Provisions of Act and Regulations Our Remarks Relevant Section/ Regulation/ Rule(s) Pre-application stage or Initiation Stage Applicability Pre-pack Insolvency Resolution Process Applicable on Micro, Small and Medium Enterprises (MSME), having a minimum default as defined in section 4 of the IBC Code As per Notification dated …
Much awaited CBEC Notification on ITC under GST Central Board of Indirect Taxes & Customs Through Notification No. 18/2022 dated 28th Sept. 2022 has notified that all the Goods and Services taxpayers are eligible to avail the ITC pertaining to Financial Year 2021-2022 till 30 Nov 2022. Formerly, the Input Tax Credit was accessible till September 30. …
Reserve Bank of India concept note on Central Bank Digital Currency The Reserve Bank of India said that ” Central Bank Digital Currency’s will offer the public with benefits of virtual currencies while ensuring consumer protection by avoiding the damaging economic and social consequences of private virtual currencies.” As reported by the Reserve Bank of …