Articles by P.R. Sethuraman

Tax treatment of dividend received from company

P.R. Sethuraman 31 May 2021 at 14:51

The Finance Act, 2020 abolished DDT and moved to the classical system of taxation wherein dividends are taxed in the hands of the investors. Let us discuss the tax treatment for the same.

Posted in Corporate Law | 5 comments | 9582 Views

Government Extends Due Date Compliances under Income Tax and Launches New E-Filing Portal

P.R. Sethuraman 24 May 2021 at 09:43

Discussing the extended timelines for due date compliances in the Income Tax Act in a tabular format and the launch of the new e-filing portal of the Income Tax department.

Posted in Income Tax | 6 comments | 11208 Views

Doctors and Auditors as Professionals

P.R. Sethuraman 17 February 2021 at 18:25

Let us discuss which profession among Chartered Accountant and Doctor is more ambitious because both of them are the same level of profession and rendering similar task, both engaged in treatment and making a person healthy.

Posted in Professional Resource | 5601 Views

Impact of Union Budget 2021

P.R. Sethuraman 10 February 2021 at 17:04

Studying the Impact of Union Budget 2021 on different sectors and how it will contribute to the overall development of the economy.

Posted in Union Budget | 2964 Views

Pre Budget Thoughts For 2021-22 Budget

P.R. Sethuraman 19 January 2021 at 12:25

This article discusses important areas like direct tax,dividend,etc that should be raised in the upcoming budget and also the impact of covid on the budget.

Posted in Union Budget | 5775 Views

Role of Dividend Tax in Achieving the Essence of the Budget

P.R. Sethuraman 28 December 2020 at 13:17

In this article, we discuss various changes that must be implemented in order to achieve the essence of the budget. One among them is the introduction of dividend Tax for the reasons mentioned in this article.

Posted in Income Tax | 4 comments | 2508 Views

ICAI COVID-19 Advisory on Finalisation and audit of Accounts

P.R. Sethuraman 04 May 2020 at 09:55

By this time, when the Accounting and auditing community are busy with the finalization of financial statements for the year ended 2020, they might have gone through The ICAI ACCOUNTING & AUDITING ADVISORY Impact of Coronavirus on Financial Reporting and the Auditors Consideration.

Posted in Audit | 3957 Views

Can statutory auditor be appointed as an internal auditor after rotation?

P.R. Sethuraman 23 March 2020 at 11:43

Can a Statutory Auditor be appointed as an internal auditor after he ceases to be an auditor after retirement on rotation-Refer Section144 of the Companies Act 2013?

Posted in Corporate Law | 4569 Views