Residential Status of Company/ Firm / AOP

Residential Status of Company – Part 1

Residential status of a Company – (Part-1) Introduction : In our previous article we have covered residential status for individual; in this article we will cover provisions relating to residential status of corporate entity. It is important to know that how residential status for corporate entity can be determine, is there any special provision which…

Residential Status of Company : Latest News in Vadodara, Gujarat

Residential Status of Company – Part 2

Residential status of a Company – (Part 2) Introduction : In our previous article we have covered residential status for individual; in this article we will cover provisions relating to residential status of corporate entity. It is important to know that how residential status for corporate entity can be determine, is there any special provision…

GST on Restaurant Services

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…

Key Managerial Personnel

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 Latest Details

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…

Question Relating to Adjournment and Video Conferencing

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…

Audit Committee Requirements

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…