Articles by CA. Rishabh Mittal

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TONNAGE TAX SCHEME (Sec 115-V to Sec 115-VZC)

Posted by CA. Rishabh Mittal 13 March 2010 72589 Views

TONNAGE TAX SCHEME (Sec 115-V to Sec 115-VZC) 1. Bareboat charter cum demise (BBCD) – Ownership is to be transferred after a specified period of time. 2. Bareboat charter (BCC) – Hiring of ships for a stipulated period on ter



Dividend Stripping u/s 94(7) of Income Tax Act

Posted by CA. Rishabh Mittal 08 March 2010 136016 Views

Dividend Stripping - Section 94(7) Suppose Record Date for Dividend / Income - 31.01.2010 Acquisition of Shares / Units of MF – Within 3 months prior to the record date (01.11.2009 till 31.01.2010) Sale or Transfer of ·



Accounting & Taxation Impacts of Cert. Emission Reductions

Posted by CA. Rishabh Mittal 17 December 2009 13935 Views

ACCOUNTING ASPECTSICAI has already issued Guidance Note on Accounting for Self Generated CER’s & it is made effective from 01st July, 2009. It mainly focuses on recognition of CER’s in financial statements. Here, we’ll discuss



Acceptance of Foreign Contributions by NGO's, etc

Posted by CA. Rishabh Mittal 12 December 2009 11946 Views

Foreign Contribution · In order to receive foreign contribution, Clearance from Ministry of Home Affairs is required –1. On Permanent basis; OR2. On Case to case basis · An association with a def




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