Notification by CBDT with respect to classes of person for the purpose of section 56 of income tax act 1961
Section 56(2) of Income Tax Act, 1961 deals with incomes, shall be chargeable to income-tax under the head “Income from other sources”.
Tax exemption limit on leave encashment increased to Rs 25 lakh for non-government salaried employees
The existing limit of tax exemption on leave encashment for non-government salaried employees stands revised from Rs. 3 Lakh to Rs. 25 lakh with effect from April 1, 2023.
Listed entities compliances at a shot -Due Date Based
Stay on top of your compliance game with our comprehensive guide to Listed Entities’ Due Date Based Compliances.
Disclosure requirement for large entities
A Comprehensive Blog Exploring the Obligations for Large Entities. Stay informed and navigate the complexities of compliance effortlessly.
Clarifications Regarding Provisions related to Registrations of Charitable and Religious Trusts
Clarifications Regarding Provisions related to Registrations of Charitable and Religious Trusts
Rupees 2000 Indian Currency Notes Withdrawn from Circulation by RBI
RBI has decided to withdraw Rs. 2000 currency notes from circulation. The move has come in pursuance of the “Clean Note Policy” of the RBI.
Scheme has been notified from which if Interest Income is not exceeding the prescribed limit then TDS u/s 194A is not required to be deducted
Scheme named the Mahila Samman Savings Certificate, 2023 has been added in the list of notified schemes
Prescribed Limit for E-Invoice has been reduced to Rs. 5 Crore
It has been notified, businesses having annual aggregate turnover exceeding Rs. 5 Crore in a financial year are required to prepare E-Invoice in the prescribed manner in respect of supply of goods or services or both to a registered person.
Timelines have been imposed upon central govt for giving order under scheme of amalgamation/merger for certain companies under section 233 of Companies Act 2013
Companies Act Notifications: – Scheme of amalgamation
Amendment in the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016
Conditions before name strike off of Company names from the register of companies.