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Articles by riddhi vasistha

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Section 51, Monies Forfeited Characterized With Other Sources

  riddhi vasistha    18 July 2014 at 13:02

Finance bill 2014 has proposed to enhance the area of section 51, Forfeiture of advance money received in process of transferring a capital asset. The modification will elevate tax collec



Section 32AC- An Aid to Prosper the Manufacturing Sector

  riddhi vasistha    15 July 2014 at 11:33

Section 32AC - There are several policies which affect the culture of investment in manufacturing sector. The union finance minister has proposed to extend the scope of section 32 AC. The invit