REGISTRATION – NGO DARPAN
NGO-Darpan is an e-governance application offered by NITI Aayog to electronically maintain data and transparency regarding NGOs/Trusts/Societies in the country.
Compliance for international transactions with Associated Enterprises
A certificate issued by a Chartered Accountant certifying whether the international transactions entered into by a person with its Associated Enterprise (AE) are at Arm’s Length Price (ALP) or not, by using the Most Appropriate Method (MAM).
26AS-Know your 26AS(KY26AS)
Labour Codes & Its Impact on Business
The Code on Wages, 2019 The Code on Social Security,2020 The Industrial Relations Code,2020 The Occupational Safety, Health, and Working Conditions Code,2020
Have you claimed your Foreign Tax Credit?
FTC is to be allowed in the year in which the income corresponding to such tax has been offered or assessed to tax in India
APPLICABILITY OF NUMBER OF DIGITS OF HSN CODE BASED ON TURNOVER
Harmonized System of Nomenclature, or HSN, was conceived and developed by the World Customs Organization (WCO) with the vision of classifying goods from all over the World in a systematic and logical manner. It is a six digit uniform code that classifies more than 5,000 products and is accepted worldwide
Goodwill losing its Goodwill – Heads Up!
Goodwill has been specifically excluded from the definition of “Block of Assets” and under intangible asset for claiming depreciation.
Overseas Remittance under LRS What you need to know
Under the Liberalised Remittance Scheme (LRS), all resident individuals, including minors, are allowed to freely remit up to USD 250,000 per financial year. LRS is not available to corporates, partnership firms, HUF, Trusts etc.