www.carajput.com; UAN & Aadhar How to Process of Linking Aadhaar to Universal Account Number Link Aadhaar to UAN and get a claim for EPF in 5 days The government has come up with a new initiative to reduce the time required in claim settlement and ease the process of withdrawal from the EPF account. Employees …
The Ministry of Corporate Affairs notified The Companies (IND AS) Amendment Rules 2020 The MCA has informed the Companies (Indian Accounting Standards) Rules on Amendment, 2020. The Rule and law amend the Companies Regulations (Indian Accounting Standards), 2015. Amendments to the following IndAS have been notified so far On 24 July 2020, MCA issued the …
Basic of Significance of Aadhar Card, Process PAN Linking Importance’s and Process of PAN & Aadhaar linking Aadhaar Card is a verifiable 12-digit identification number issued by India’s Unique Authority for Identification (UIDAI). It acts as evidence of identity and as proof of residence. PAN or Permanent Account Number is an alphanumeric identifier of ten …
SEBI extends the timeframe for filing the financial results of April-June to 15 September 2020. Today SEBI extended the time for filing financial reports for the year, half-year and fiscal year ended June 30, 2020, to September 15, insignificant relief to companies. The SEBI Circular reported that it had received representations seeking an …
GST-EVASION: DGGI took action against 3 companies for tax evasion of more than Rs 600 Crore Three persons arrested on charges of tax evasion of Rs 600 Crore, i.e. for the issuance of fraudulent invoices without the actual supply of Rs 4,198 crores, along with illegally transferred as ITC credit to different entities under the …
As per section 2(41) of the income tax act “Relative”, in relation to an individual, means the husband, wife, brother or sister or any lineal ascendant or descendant of that individual ; As per sec 56 of income Tax Act As per the Income-tax act, the term “relatives” is described in detail. As gift received …
Section 234F -Fee (Penalty) for delay in filing Income-tax return Under this section, the fee (penalty) is levied if the Income-tax return is not filed within the due date. As per Section 234F of the Income Tax Act. Provisions of Section 234F of the Income Tax Act are as follows. Section 234F: New penalty for …
www.carajput.com; GST E-way bill Basis Concept on Applicability of E-Way Bill E-Way Bill is a digitally produced paper that must be produced for the transportation of more than Rs. 50,000 products from one place to another anywhere in India, except Delhi. For the transport of products inside Delhi, an e-way bill is needed if the …
NEW ADDITIONAL REQUIREMENTS INCLUDING IN THE CARO 2020 REPORTING AFTER ON CONSULTING ON WITH THE NFRA Statutory Auditor’s Report (CARO 2020) shall include a statement a New Reporting Requirements The existing COVID-19 pandemic affects not only public health but also the financial system as a whole. Public safety measures in place, although necessary are a …
New Turnover Threshold for the Purposes of Tax deducted at Source (TDS) Applicability as per the Finance Act 2020. TDS was applicable to individuals and to HUF if their accounts were subject to audit in Section 44AB of the preceding year. The Finance Act 2020 specifies that All individuals & HUF will be liable …