Data Analysis Services
Data Analysis Services We Offer
Section – 9 (Income Deemed to accrue or arise in India)
Income Deemed to accrue or arise in India – Section 9 (Part 1) Introduction : Under Income tax it there are two virtues by which income is taxed in India; i.e., either such Income has accrued in India or such Income has been received in India. However, under said act there is provision which is…
GST on Restaurant Services
GST on Restaurant Services Introduction : Since inception GST is been prone to changes and therefore, it is important to understand what will be GST implication on restaurant service and what are the compliance that an shall be followed by entity falling under such category. In this article we will all the provisions, notification relevant…
Appointment of Key Managerial Personnel
Appointment of Key Managerial Personnel Introduction : Under companies act, there is specific provision which describes which entities are required to appoint Key Managerial Person and how they are to be appointed. It is important to understand that whether every entity is required to appoint Key Managerial Person, which are the entities that are being…
Accounts to be Maintained Under GST
Accounts to be Maintained Under GST Introduction: Since inception GST is been prone to changes and therefore it is important to understand that, how accounts are to be maintained under GST, where such books of accounts are to be maintained, what will be duration for which accounts are to be maintained. This are some of…
Residential Status of Individual As Per Income Tax, 1961
Residential Status of Individual as per Income Tax, 1961 Introduction: For any individual it is important to know whether he will be treated as resident or non-resident, because if he is resident and ordinary resident (RoR) than his global income will be taxable under Income Tax Act. Further if he is Non-resident than he will…
Question Relating to Adjournment and Video Conferencing
Question relating to Adjournment and Video Conferencing under Income Tax Provisions Introduction: If any assessment is initiated under Income Tax Act, then assessee is required to submit response to assessing office, due to COVID-19 pandemic it was creating difficulty for assessee to physically submit the response or to seek adjournment. Therefore, to overcome this difficulty…
Formation of Audit Committee and Its Requirement
Formation of Audit Committee and its requirement Introduction: For any company formed under companies act, it is important to know that whether they are required to form audit committee? If yes, who will be the member of said committee, what will be the responsibility of such audit committee? In this article we will cover all…
Elaborating Provisions relating to Meeting of Board and its Power
Elaborating Provisions relating to Meeting of Board and its Power (Part-1) Introduction: Under companies act there are certain provisions which entity is required to comply by conducting minimum number of board meeting and by ensuring the required legal compliance. It is important to know that what are the number of meetings that entity is required…
Elaborating Provisions relating to Meeting of Board and its Power – (Part-2)
Elaborating Provisions relating to Meeting of Board and its Power (Part-2) Introduction: Under companies act there are certain provisions which entity is required to comply by conducting minimum number of board meeting and by ensuring the required legal compliance. It is important to know that what are the number of meetings that entity is required…