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A person engaged in business or profession is required to maintain regular books of account under certain circumstances. To give relief to small taxpayers from this tedious work, the Income-tax Act has framed the presumptive taxation scheme under sections 44AD, sections 44ADA, sections 44AE., Section 44BB and Section 44BBB A…

Returns under GST have undergone a lot of turmoil. GST era started with a big bang of compliance based law and complete transparency system. However one of the biggest challenges of GST implementation was filing of returns online. Earlier there were a lot of apprehensions from the industry too in…

Every business entity has a principal place of performing its business activities which is known as its Registered Office. From the point of view of general public, customers, shareholders and others, the address of the situation of the registered office is very important. In India, every company is governed as…

Page Content Meaning of the term “Suo Moto” Suo Moto cancellation of GST Registration GST officer to cancel the registration of a person from such date, including any retrospective date, as he may deem fit, where Communication Suo Moto Cancellation of GST Registration Application for Revocation of Cancellation of GST…

GST is a tax leviable on supply of goods or services or both except the supply of alcoholic liquor for human consumption. Implementation of GST has been seen as a great tax reform that will unify the entire nation, as far as taxation is concerned. GST will have social consequences on…

In the new era, a lot of people have decided to shift their business over internet. GST which is called to be a unified tax, have shown its implications over the ecommerce operator. This article aims to explain the provisions related to compliances to be fulfilled by an ecommerce operator.…

In recent time, MCA (Ministry of Corporate Affairs) took a lot of strict and disciplinary against those companies which have not filed their financial statements and Annual Returns on due time with the ROC (Registrar of Companies) which are considered as “shell companies” by the MCA. Due to such default,…

“RERA Act” stands forReal Estate Regulatory Authority Act that came into force in the year 2016 to bring transparency in the real estate sector. It was brought into force to cater down the problem faced by the occupants due to delays or discrepancies made on the part of the promoters…

It takes a lot of determination, sweat and hard work to create a unique original work or masterpiece which is priceless and should be preserved by its creator. The creator can safeguard or preserve his work from any kind of infringement or being stolen or copied by registering it as…

A company has two pillars which are shareholders and the company’s board of directors, wherein the shareholders appoint the director to manage the day to day operations of the company. Directors have a very important role to manage the functioning of the company. The most essential duties of directors include…