GST levied on free samples Is GST levied on free samples? Question about the GST levied on free samples,I faced many times from my clients and colleagues because there is no special provision on this, but if you read section 7, schedule I & section 17(5) together then this confusion will crystal clear. Now let […]
Relevance of relevant date in case of export The time limit for filing the refund claim is to be checked from the “relevant date”. This term is defined in Explanation 2 to section 54. This update is about the interpretation of term “relevant date” & its significance in determining the time limit for filing the […]
Deadline to link Aadhaar with mobile phone extended till March 31,2018 The Centre on Thursday accepted the Supreme Court’s suggestion to extend the deadline to link Aadhaar with mobile phone from February 6 to March 31, the date now set by the government for seeding Aadhaar in all schemes, including bank accounts.
Amendments related to Charitable and religious trusts by FA 2017 Finance Act 2017 had made some major changes relating to Charitable and religious trusts. These amendments have the far-reaching impact on the taxation of Charitable and religious trusts. In this Article, we have discussed five major amendments which are affecting Charitable and religious trusts.
How are Partners different from Designated Partners in LLP? The LLP Structure is mainly influenced by characteristics of General Partnership under Indian Partnership Act, 1932. Here, the normal partnership firm provides types of Partners based on their participation in day-to-day operations. However, as the Limited Liability Partnership derives the characteristic of corporate entity from Private […]