Articles by CA Dhruva Kalamanji

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A brief insight of Foreign Investment in India and a guide to Start Ups in cross border fund raising

Posted by CA Dhruva Kalamanji 02 May 2020 2998 Views

India's dream to achieve the five trillion economy has cheered the India Startups to reach out to external investors to boost the efficiency of the operations because India needs capital, there are investors also, not in India obviously, some distant foreign investor.



Nuances of Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019

Posted by CA Dhruva Kalamanji 09 October 2019 6171 Views

An amnesty scheme as anticipated at the time of rolling of GST Act has come now! Sabka Vishwas (Legacy Disputes Resolution) Scheme, 2019. SVLDRS.



Late fees for belated annual ROC returns filed after 30th June 2018

Posted by CA Dhruva Kalamanji 27 December 2018 25670 Views

Clarification regarding Late fees for belated annual roc returns filed after 30/06/2018. All of us knows that the Ministry of Corporate affairs has amended c...



Clarification on taxability of withdrawal of accumulated balance in the provident fund

Posted by CA Dhruva Kalamanji 02 March 2016 8804 Views

The section under discussion:Section 10 (11)Section 10 (12)Rule 8 of Part A of the fourth scheduleExtract of above section from the Income Tax Act, 1961:10 (11) any payment from a provident fund to which tmhe Provident Funds Act, 1925 (19 of 1925), a



Section 194H - Principal and Agent Relationship?

Posted by CA Dhruva Kalamanji 21 October 2013 15820 Views

Section 194H Principal and Agent Relationship? In the normal course of business, to gear the sales the manufacture will give many types of incentives (in the form of commission or brokerage) and discount to his dealers. The very



Related Party Transaction, Caluse 188 of New Company Bill

Posted by CA Dhruva Kalamanji 04 October 2013 39497 Views

Related Party Transaction Clause 188 of the New Company Bill, 2012 vis--vis Section 297 of Companies Act, 1956. When the company bill, 2013 has received the consent of the president in the month of August it replaced the



Profit and Gain under presumptive basis vis-a-vis Section 115JB

Posted by CA Dhruva Kalamanji 27 September 2013 13824 Views

As the number of zero tax companies and companies paying marginal tax had grown, the Minimum Alternate Tax Provision has been inserted in the Income Tax Act. It was felt that va



Provident fund under the Head of Business or Profession

Posted by CA Dhruva Kalamanji 24 September 2013 21895 Views

In this particular article I wish to share some of my views about Provident Fund contribution by the Employer and Employee, its Taxability and deduction under the head of Business or Prof




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