No TDS is required from the share of profits credited or paid to a partner. Under general law, a partnership firm is not a legal entity separate from its partners—it is a group of partners.

Gujarat High Court held that the refund of IGST paid under Section 16 (3) (b) of the IGST Act, read with Section 54 of the GST Act, is allowable and directed the authorities to amend the shipping bill ...

The IEC further said that the parties, which it intends to deregister, were not represented in any legislative body, had not contested general elections since they were registered, and had not renewed ...

The Electoral Commission of South Africa (IEC) will be holding a three-day seminar in Cape Town on e-voting on Monday. The seminar will discuss the possibility of South Africa introducing ...

and did not renew their registration by January 31, 2025. The IEC’s current register lists 192 political parties that met these criteria. The commission said it had given due notice in writing ...

The law firm’s chairman, Brad Karp, capitulated to the president’s threats. The descendants of the man who wrote its high-minded principles told Mr. Karp that he had betrayed them. By Benjamin ...

The Securities and Exchange Commission (SEC) said over the weekend it revoked the corporate registration of Ecomamoni Environmental Recyclable Materials Manufacturing Inc. for allegedly soliciting ...

Editors: Alexander J. Brosseau, CPA, and Greg A. Fairbanks, J.D., LL.M. The taxation of the grant of a partnership interest exchanged for services is not a new topic. Partnership interests have been ...

Electronic voting systems on display at the IEC’s conference on the feasibility ... Already, the commission has introduced online voter registration and allowing voters to amend their personal ...

Well the prospect of such a possibility is exactly what the Electoral Commission of South Africa (IEC) is hoping to explore at its three-day conference in Cape Town. Monday will see the start of ...