To ease GST compliances for small taxpayers with minimal tax liability through a fast, paperless registration process, CBIC introduced a simplified GST registration scheme under rule 14A of the CGST rules, 2017. Rule 14A simplifies GST registration for small businesses,…
Pursuant to the provisions of the Companies Act, 2013 vide notification dated 1st December 2025, the definition of a “Small Company” has been revised to provide that a company shall be classified as a Small Company where its paid-up share…
In furtherance of the Government of India’s initiative to promote ease of doing business, the Ministry of Corporate Affairs (MCA) has simplified the compliance requirements relating to Director Identification Number (DIN) KYC. Pursuant to the revised framework, DIN KYC shall…
Thus, the concept of ISD is a facility made available to businesses that have a large share of common expenditures, and billing and payment are done from a centralized location.
Letterheads of business documents should be handled carefully and it’s a crucial part of business to include all the particulars in their business letterheads as per the law. Pursuant to the provisions given under Section 12(3) of the Companies Act,…
Director identification number (DIN) is a unique number issued by the Ministry of Corporate Affairs (MCA) under the Government of India (GOI) upon the filing of a DIN application via e-Form DIR-3 to a person who wishes to become a…
What is GST Refund? A GST refund is the process by which registered taxpayers can claim a GST amount available into the GST login portal account in the form of cash or Input Tax Credit (ITC). What are the reasons…
What If the Last Date for Holding the AGM is Approaching but the Audited Financial Statements Are Not Ready? In the event that the deadline for holding the Annual General Meeting (AGM) is imminent but the audited financial statements are…
At the time of filing of ITR or on any other occasion you might heard this word from your consultant that this information is available under Form 26AS. Form 26AS is a description of financial transactions done by the taxpayer…
Please refer the PL dated 26th February 2024.
