Table of Content What is Tax Audit Applicability of Tax Audit What information/ books of accounts are required for a tax audit ? Purpose of Tax Audit Process Of Tax Audit Report Filing Due Date For Filing Tax Audit Penalty for Filing Tax Audit Report How and when tax audit report has to be furnished?…

Table of Content What is an annual listing fee? Calculation of annual listing fee Key points The measures listed above, would not apply to the following (exclusions) What is an annual listing fee? Every listed company are required to pay an annual listing fee which shall be calculated by reference to the nominal value of…

Contents: What do you mean by section 269ST? What does section 269ST say? Non- applicability of Section 269ST. Penalty under section 271DA. Practical examples on Section 269ST & 2lakh Cash Transaction limit. Other important Points on Section 269ST. Restriction on Capital Expenditure for Business in Cash above ₹10000 [Section 43(1) and section 32]. Reduction in…

Contents: What is extraordinary General Meeting (EGM)? What provision covers Extraordinary General meeting related matters? When is Extraordinary General meeting convened? What businesses are transacted in Extraordinary General meeting (EGM)? When the notice of Extraordinary General meeting is is given to members? What are important matters related to Extraordinary General meeting? Is there any form/…

Contents: Tax provisions about gifts Exclusions of certain gifts Gifts received by persons engaged in business or profession Tax implications for salaried on the gifts received Tax implication for neither salaried nor self employed on Deepawali Tax provisions about gifts According to section 56(2) of the Income Tax Act, 1961 if the total value of…

Contents Loss from Business/ profession (Sec 72) Loss from a house property (sec 71B) Loss from capital gains (Section 70- 74) Loss under the head ‘Other sources’ (Section -71) Loss from Business/profession [Sec 72] Loss from Business/ profession other than speculation loss and depreciation can be set off against any other business income or any…

Table of Content Issuance of order in Form GST REG-19 when the taxable person himself applies for the cancellation of registration Issuance of order in Form GST REG-19 when the proper officer cancels the GST registration Coverage of cancellation order in Form GST REG-19- In this case, either the taxable person is no longer liable…

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