Gear up for 2021-22 | CFO/Finance heads| Financial statements
Mandatory use of Accounting Software having audit trail (effective from 1.4.2022) Additional matters to be included in Board’s Report relating to the status of IBC and One-Time Settlement (OTS) done with banks or financial institutions
Place of Effective Management (PoEM)
The Finance Act 2015 amended the requirement of when a foreign entity would be treated as a resident in India. The intention of this is to bring under the residence bracket shell companies and such other companies created for retaining income outside India although real control and management of affairs are located in India
MCA PROVIDES CERENITY AMID COVID
Due to revival of COVID-19 pandemic, Ministry of Corporate Affairs extended the time on the following for Companies/ LLPs
Statement of Financial Transaction (SFT).
Are you a company that have raised capital of more than 10L in the FY2020-21? Have you issued Bonds/Debenture for more than 10L during the year 2020-21? Have you announced any Buyback of shares more than 10L? Have you declared any Dividend during the FY2020-21?
Applicability and other Clarifications for Section 206AB
) Applicability: Section 206AB is triggered, where tax is required to be deducted at source on any sum / income /amount paid/ payable /credited, by a deductee to a Specified person. 2) Carve-outs : Except for the specific nature of payments provided under Section 206AB, it is applicable for all other nature of payments under […]
Can Retailers and Wholesalers open MSME ?
The government has received various representations and it has been decided to include retail and wholesale trades as MSMEs, and they are allowed to be registered on the Udyam Registration portal which is paperless online and instant registration portal.
Madras High Courts decision : GST impact for Resident Welfare Associations
Why Annveshan.? Armed with our expertise on the subject , its our culture & methodologies which is our differentiator
Distressed sale of immovable property
Potential solutions for sale/buy below guideline value
ESTATE PLANNING – Care forever…!
Tomorrow is uncertain, but we can be prepared ! Isn’t it our primary duty to take care of our family’s interests by protecting the assets that we have generated over our lifetime and help these assets devolve to the family members in a structured manner without much of a legal hassle? This is how you […]
E-Invoicing for Business with Turn Over above 20Cr ( W.E.F 01-Apr-2022) Are You Ready for It?
E-invoicing or electronic invoicing refers to a method of processing invoices (and/or the data pertaining to the invoice) in an electronic format and on a unified platform between buyers and suppliers. What makes e-invoicing not only relevant, but significant right now is that it digitizes the entire invoicing cycle leveraging data exchange between the parties […]