Guidance on major concerns in crypto is asset protection, tax exemption & financial privacy which needed guidance: TAXATION ASPECTS OF BITCOIN Many economists have gained interest regarding the taxation of Bitcoin as it becomes quite challenging to take out the related data and thereby, formulate a policy for its taxation. In India, as well, the …
Summons are issued under the GST Law . A summons is a formal order for someone to appear with authorities. Any registered individual can be summoned by the concerned GST officers to appear with evidence or documents, as the case may be. The purpose of this article is to provide some rules and safeguards about …
How to close a Branch office actives in India A branch office license is usually issued for three years. If a business decides to close the branch office set up in India at any time, it must file with the RBI via its Registered Dealer the required documentation. Liaison offices cannot able closed without …
CBDT notifies transfer pricing tolerance limit for AY 2021-22 The 35th to 65th percentile of the dataset is construed as the arm’s length range under the transfer pricing regulations. For cases where there are six or more comparable uncontrolled entries in the dataset and the Transactional Net Margin Method, Comparable Uncontrolled Price Method, Resale Price …
Statutory Labour Compliance Checklist FACTORIES ACT, 1948 & BIHAR FACTORIES RULES, 1950 S.No Type & Nature Of Document Description Of the Form Relevant Clause Schedule Of Submission/ Maintenance Submitting Authority Remarks 1 Form 1 Application for permission to construct, extend or take into use any building as a factory To be submitted to the Chief …
Applicable Statutory Labour Compliance Checklist IN CASE OF WHAT TO DO TO WHOM/WHERE IN WHICH FORM UNDER WHICH ACT Accident Report immediately if fatal/death & within 48 hrs in ordinary cases Concerned Local Office/Dispensary of ESI Form 12 or online also ESI Act, 1948 Accident/dangerous occurrence Notice Forthwith of occurrence Inspector/Director of Factories as …
How to close LLP in India – Documents & Procedure in India The Limited Liability Partnership (LLP) is a common partnership structure in which each member is only liable for a certain amount of money. In fact, an LLP is a company that operates under specified legal conditions and paperwork. There is a pre-determined procedure …
HOW DO I CANCEL UDYOG AADHAR REGISTRATION? Registration for Udyog Aadhaar is required for all kind of businesses that run as MSMEs; without registration, no business will be eligible to receive government of india subsidies for MSMEs. The main goal of Udyog Aadhaar is to make regulatory procedures for MSMEs easier, including as filling out …
Quick Guide on GST E-Way Bill Exemptions E-Way Bill: An E-Way Bill is an electronic document generated on the GST portal for movement of goods valued over ₹50,000, to ensure tax compliance during transport. We needed to Check Rule 138(14) list before dispatch. Always verify inter-State vs intra-State movement inter-State job work & handicraft goods …
GST Instructions during the search operation: Instructions/Guidelines for methodologies to be supported during the search operation. Few instances have been notified by the CBEC & Central Vigilance Commission where the correct process has evidently not been tried to follow during the search procedure and or the statements /Panchnamas have not been recorded in accordance with …