Author name: Team Fiscalnow

It is a common practice by the Companies to get the loans from its directors and their relatives, however, the

Income Tax Faceless Assessment Scheme is one of the biggest Direct Tax reforms in India based on Principles of Efficiency,

1. At the time of ITR Processing, the following adjustments are made in Total Income / Loss Adjustments for any

Form GNL-2 viz., “Form for submission of documents with the Registrar” is filed in cases where no Form is prescribed

Companies experiencing the proceedings under IBC 2016 do not get absolved from responsibilities of compliance, rather the compliance continues to

Share on facebook Share on twitter Share on linkedin Arrangement of Schedule III Division I – Applies to the Companies,

A. Legislative Flow (Legal Background For TDS on Sale of Property) In this heading following topics will be covered: 1.