Knowledge Base

An income tax audit is an examination of a taxpayer’s return by the Income Tax Department to verify that the return has been correctly filed.

This article covers the Documents Required for Annual Compliance – LLP, process of filing annual compliances for LLP, consequences of not filing

Annual Compliance Requirements for a One Person Company in India. A one-person company (OPC) in India is required to comply

Once a company is incorporated, it has to comply with various laws and regulations. These compliance requirements are annual in nature and failure...

The use of digital signatures is growing in India, with businesses increasingly adopting them for various purposes such as document authentication...

Cash deposit limit in a saving bank account is currently Rs. 50,000 per day. This limit was put in place by the RBI in order to prevent money laundering

Products related to food come under the purview of Food Safety and Standards Authority of India (FSSAI). The FSSAI license is valid for one year.

MSME (micro, small and medium enterprises) term was introduced by the government of India, under the MSMED act of 2006.

GST annual return filing is mandatory for all registered taxpayers with turnover of more than Rs. two crores during the financial year.

Under section 44 of the central Goods and Service Tax act 2017, every registered person is required to furnish annual return for each financial year.