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Articles by riddhi vasistha

Section 51, Monies Forfeited Characterized With Other Sources

Posted by riddhi vasistha 18 July 2014 14555 Views

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

Posted by riddhi vasistha 15 July 2014 26514 Views

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