All About FSSAI Registration Process The Food Safety and Standards Authority of India (FSSAI) is an organization that monitors and governs the food industry in India. It is a self-governing… Read More
Professional Update For the Day: DIRECT TAX: Entitlement for deduction U/s 80IB - amount under the head VKGUY [Vishesh Krishi Gram Udhyog Yojana] and on account of DEPB - these benefits… Read More
Professional Update For the Day: Direct Tax CBDT has signed 10 more unilateral Advance Pricing Agreements (APAs) with Indian taxpayers as it looks to reduce litigation by providing certainty in… Read More
REPORTING OF FOREIGN INVESTMENT TO RBI Every Indian Company who receives FDI (Foreign Direct Investment) must report such FDI inflow to order bank of India. Therefore, this is often my try and clarify the procedure regarding report of… Read More
Professional Update For the Day: DIRECT TAX CBDT clarified that the Existence of undisclosed bank deposits is non-mandatory on the date of PMGKY payment. CBDT has asked Taxmen to Fast… Read More
Professional Update for the Day: Direct Tax:- Bombay High Court in the below cited case held that when the assessee’s volume of purchasing & selling shares is quite high with… Read More
Professional Update for the Day: Direct Tax:- CBDT issues circular for TDS on salary for FY 2016-17 Vide Circular No 01/2017. Circular contains rates of deduction of income-tax on income chargeable under… Read More
Professional Update for the Day: Direct Tax:- CBDT has issued a press circular regarding the signing of three more Advance Pricing Agreements (APAs). These agreements pertain to the Engineering goods… Read More
OVERVIEW ON TRANSFER PRICING Transactions between two or more enterprises belonging to the same multinational group have created a new and complex issue as a result of the increasing… Read More
CASUAL TAXABLE PERSON AND NON- RESIDENT TAXABLE PERSON WHAT IS THE POSITION OF CASUAL TAXABLE PERSON There is some person in a business who does not do the business regularly… Read More