Introduction
In India's vibrant startup ecosystem, scaling a business offers exhilarating opportunities alongside formidable challenges. With over 140,803 startups in June 2024, the competition to...
Introduction
In India's dynamic startup ecosystem, innovative companies often find themselves in a tug-of-war with regulatory frameworks. As cutting-edge ideas push the boundaries of existing...
In FY 2018-19 and 2019-2020, many taxpayers have received notices from Income Tax Department proposing to tax the total surrender value received on account...
Central Board of Indirect Tax & Customs (CBIC) issued circular no. 20/06/03/2019-GST dated 18th July, 2019 clarifying implications under GST related to Information Technology enabled services (ITes)...
Central Board of Indirect Tax and Customs clarified through circular No.108/27/2019-GST dated 18th July, 2019 about procedures, documentation and implications under GST on transaction with respect...
Safari Retreats Private Limited (“Company”) Vs Chief Commissioner of Central Goods & Service tax (Orissa High Court)
The Company is mainly carrying on business activity...
Section 80JJAA of Income Tax Act Background
Section 80JJAA of income tax act was introduced to provide incentives to industries to generate employment for semi-skilled...
CBIC has clarified various doubts as regards treatment of various sales promotional schemes under GST vide circular 92/11/2019 dated 7th March 2019 to ensure uniform implementation...
Highlights of notifications issued by CBIC dated 7th March 2019 are as below.
Increase in turnover threshold limit for dealers under composition scheme
Threshold limit of aggregate turnover...