Articles by Venkat Raj

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 | 927 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 | 11793 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 | 630 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 | 2649 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 | 1176 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 | 966 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 | 2409 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 | 2280 Views

Tax Implications on income of non-resident

Venkat Raj 20 July 2020 at 09:42

Non-resident Individuals irrespective of age Limit the basic exemption limit is RS 2,50,000. There is no concept of a senior citizen or a super senior citizen.

Posted in Income Tax | 1497 Views

Covid 19-A Global Economic Crisis

Venkat Raj 06 July 2020 at 09:11

But with Covid adversely impacting various sectors of economy' economic activities stopping and creating chaos confusion now economic growth is very slow. This year growth it is expected to be very slower and will take year 2021 to bring back economy into full pace.

Posted in Others | 813 Views