Ways to reduce tax outgo with an HUF
Understanding HUF In the panorama of taxation, several provisions enable taxpayers to optimize their tax liability. An effective, albeit underutilized method among these, is leveraging the concept of a Hindu…
An In-Depth Analysis of Director Disqualification under the Companies Act, 2013
In the realm of business, the effective stewardship of a company hinges significantly on the directors at its helm. Directors function as the guiding force, making key decisions that shape…
Safeguarding Against Section 43B Disallowances for MSME Suppliers in the Income-Tax Act
In India’s intricate tax landscape, laying the groundwork for diligent compliance can be challenging, especially with specific requirements relating to Micro, Small, and Medium Enterprises (MSMEs). Section 43B of the…
A Deep Dive into FCRA Registration
The Foreign Contribution Regulation Act (FCRA) was enacted in 2010 as a stringent mechanism to regulate and monitor charitable organizations receiving foreign contributions. The core of this act revolves around…
TDS on Software License Purchases from Non-Residents: Navigating the Supreme Court’s Landmark Judgment
The landscape of international transactions has recently witnessed an important reshaping through the Supreme Court of India’s ruling on offshore software purchasing. The ruling has brought clarity to the ambiguity…
Decoding the HSN Code Compliance: Navigating the E-Way Bill Advisory
Money, it is often said, makes the world go round. And in the intricate web of financial transactions, only one thing is as certain as death – taxes. Ensuring tax…
Digital Signature for MCA in India: Complete Guide
In an era where technological advancements are reinventing the traditional business models, we are seeing a substantial surge in the digitization of many critical processes, including the filing of business-related…
Procedure for Company Registration in India: A Detailed Step by Step Guide
In the vast and vibrant entrepreneurial landscape of India, establishing a Private Limited Company is perceived as a key stride forward. This legal entity brings with it a sense of…
A Guide to Mandatory Bank Details Submission in GST Compliance
The world of Goods and Services Tax (GST) consistently evolves, with new advisories and regulations continually emerging. Such changes necessitate attentive understanding and prompt action from taxpayers, which is where…
6 Benefits of Filing Income Tax Return
Income Tax, loathed by some, yet an integral part of our financial ecosystem, is the bulwark of a nation’s revenue system. But do we fully comprehend what Income Tax Return…
Deciphering Haryana’s One Time Settlement Scheme 2023 for Pre-GST Liabilities
In a bold move aimed at easing the financial burdens of the commercial sector, Haryana’s Chief Minister Manohar Lal Khattar has recently announced the launch of the One-Time Settlement Scheme-2023…
Budget 2024 | GST | Income Tax
India Budget 2024 : Live Updates
Live Updates and Insights to Budget with Ahuja & Ahuja, Chartered Accountants