Articles by Venkat Raj

Limited Liability Partnership Act 2008

Venkat Raj 23 August 2022 at 08:55

Limited liability partnership ("LLP") is a new concept envisaged for ease of doing business which acts as an advantage compared to Partnership and Company. LLP can be constituted with 2 partners with one being designated partner.

Posted in Corporate Law | 1 comments | 1311 Views

Basics of international taxation

Venkat Raj 23 July 2022 at 08:37

As businesses are no longer confined to local territories and willing to expand overseas and overseas investors also want to invest in India the scope of international taxation has enormously expanded. International taxation has seen huge changes in a decade of time.

Posted in Income Tax | 1 comments | 3615 Views

Nidhi Company | Section 406 of the Companies Act 2013

Venkat Raj 20 January 2021 at 09:53

This article gives a detailed explanation about Nidhi Company,its features,rules of nidhi company and its CARO reporting and penalty applicable if any default occurs

Posted in Corporate Law | 2736 Views

Trust Taxation- Amendments

Venkat Raj 14 January 2021 at 10:33

In this article, we understand the Amendments in Trust Taxation bought in by the Finance Act 2020 and keeping in view, the aftermath of COVID-19 pandemic.

Posted in Income Tax | 2 comments | 12594 Views

Advance Ruling - A Crucial Concept in International Taxation

Venkat Raj 11 January 2021 at 09:47

Advance Ruling is a widely used mechanism when a non-resident enters into a transaction with a resident whereby the complexity of the transaction is involved.

Posted in Income Tax | 900 Views

Valuation - A new area of practice

Venkat Raj 04 January 2021 at 10:03

The Companies Act 2013 has specifically envisaged a concept of valuation for which a section is even in force. Section 247 of the Companies Act 2013 deals with the role of a registered valuer.

Posted in Corporate Law | 5409 Views

Equalisation Levy - Most Vital Concept in International Taxation

Venkat Raj 29 December 2020 at 09:57

This is perhaps the most vital concept in international taxation. Finance Act 2016 has brought a key change in the scope of international taxation. Finance act 2020 has further expanded the scope of equalisation levy.

Posted in Income Tax | 1 comments | 1482 Views

Permanent Establishment under International Taxation

Venkat Raj 23 December 2020 at 09:50

This article will focus on a very vital topic in the International taxation field. There are different views regarding permanent establishment based on the OECD model and the UN model.

Posted in Income Tax | 1407 Views

Residential Status under the Income Tax Act

Venkat Raj 17 December 2020 at 10:06

Residential status is a vitally critical component under Income tax. It varies for various classes of assessees. The concept of residential status lies under Income tax and FEMA.

Posted in Income Tax | 2 comments | 3447 Views

Revised Code of Ethics by ICAI

Venkat Raj 15 December 2020 at 09:51

ICAI, being the regulator, certifier, and educator of the accountancy profession since 1949 in India has brought up a new code of ethics in 2019. The same was to be made effective from 1st April 2020 however made applicable from 1st July 2020 due to COVID 19.

Posted in Audit | 5676 Views