Under the Goods and Services Tax (GST) regime in India, the term “taxable person” plays a critical role in determining who is liable to register, collect, and pay GST. A taxable person is an individual or entity engaged in the…
TCS (Tax Collected at Source) on sale of Goods All About TCS on Sale of Goods – Section 206C(1H) Introduction to TCS (Tax Collection at Source) Tax Collected at Source (TCS) is a tax levied by the seller, collected from…
FORM DIR – 3 KYC A company is a legal entity created by law, possessing a separate identity, perpetual succession, and limited liability. It is an association of individuals distinct from the people who establish it. Unlike other business structures,…
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