Articles by Venkat Raj

Limited Liability Partnership Act 2008

Posted by Venkat Raj 23 August 2022 2827 Views

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.

Basics of international taxation

Posted by Venkat Raj 23 July 2022 5739 Views

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.

Nidhi Company | Section 406 of the Companies Act 2013

Posted by Venkat Raj 20 January 2021 5426 Views

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

Trust Taxation- Amendments

Posted by Venkat Raj 14 January 2021 13066 Views

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.

Advance Ruling - A Crucial Concept in International Taxation

Posted by Venkat Raj 11 January 2021 3020 Views

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.

Valuation - A new area of practice

Posted by Venkat Raj 04 January 2021 13378 Views

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.

Equalisation Levy - Most Vital Concept in International Taxation

Posted by Venkat Raj 29 December 2020 2100 Views

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.

Permanent Establishment under International Taxation

Posted by Venkat Raj 23 December 2020 2332 Views

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.

Residential Status under the Income Tax Act

Posted by Venkat Raj 17 December 2020 4242 Views

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.

Revised Code of Ethics by ICAI

Posted by Venkat Raj 15 December 2020 10072 Views

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.