Compliance guides
How-to · Tax
How does an NRI decide residential status?
How the 182-day and 60-day tests in section 6 fix residential status, what income an NRI is taxed on in India under the source rules, which ITR form applies, and how a DTAA changes the position.
How-to · GST
Who must file the GSTR-9 annual return?
When a registered person must file the GSTR-9 annual return, why filing is optional up to ₹2 crore turnover, how it relates to GSTR-9C, the 31 December due date, and how the late fee is capped by turnover.
Law · Sections
What must a board report contain under section 134?
What the board report must contain under section 134 of the Companies Act, 2013, the directors' responsibility statement, who signs it, the abridged report for a small company and OPC, and the penalty for default.
Law · Sections
What is a true and fair view under section 129?
What section 129 of the Companies Act, 2013 requires of financial statements, the true and fair view standard, the Schedule III format, consolidation for companies with subsidiaries, and the penalty for non-compliance.
How-to · GST
What is an advance ruling under GST?
What a GST advance ruling is, the questions it can cover under section 97, who it binds under section 103, the appeal route to the Appellate Authority, and when a ruling can be declared void.
Law · Sections
When must a company hold its AGM?
When a company must hold its annual general meeting under section 96 of the Companies Act, 2013, the six-month and fifteen-month limits, the first-AGM rule, the exemption for a One Person Company, and how the Registrar can extend the date.
How-to · GST
What is a GST scrutiny notice in ASMT-10?
What Form GST ASMT-10 is, why the officer issues it under section 61 of the CGST Act, the 30-day reply window in ASMT-11, and how the case moves to ASMT-12, section 73 or section 74 next.
Law · Sections
Which companies must form an audit committee?
When section 177 of the Companies Act, 2013 requires an audit committee, its composition and independent-director majority, the vigil mechanism it must run, and how the rule 6 thresholds pull unlisted public companies in.
Updates · SEBI
What are the Regulation 30 disclosure timelines?
How Regulation 30 of SEBI LODR classifies deemed and materiality-based events, the 30-minute, 12-hour and 24-hour disclosure windows, the 2% turnover or net worth materiality test, and the rumour-verification duty for top-ranked listed entities.
How-to · Tax
How many days do I get to e-verify my ITR?
The 30-day window to verify an income tax return after filing, the e-verification methods on the portal, what happens if you miss it, and how the date of a late verification becomes the date of furnishing.