Articles by C.S.SAVEESH.K.V.

Tax Benefit on Housing Loan

Posted by C.S.SAVEESH.K.V. 05 March 2014 37993 Views

(Sec. 24, 80C and 80 EE of Income Tax Act) Repayment of Housing are divided into 2 components1. Repayment of the Principal portion2. Repayment of the InterestSection 80C: Tax benefit on Housing Loan (Principal Amount) The amount paid as Repayment of

Mergers, Amalgamations & Takeovers

Posted by C.S.SAVEESH.K.V. 18 December 2013 119405 Views

CONCEPT The Companies Act, 1956 does not define the term Merger or Amalgamation. However it deals with schemes of merger/ acquisition which are stipulated under Section 391 to 394. This scheme is known as S

Income Tax Short Notes: A summary

Posted by C.S.SAVEESH.K.V. 23 November 2013 254045 Views

INCOME TAX FOR C.S.EXAM DEEMBER 2013Heads of Income:Income of a person is classified into 5 categories. Thus, income belonging to a particular category is taxed under a separate head of income pertaining to that category. Section 14 of the Act, has

What and Why Compliance Certificate

Posted by C.S.SAVEESH.K.V. 17 July 2013 18840 Views

COMPLIANCE CERTIFICATE (1) Every Company not required to employ a whole time secretary under sections 383A(1) of the Act and having a paid-up share capital of Rs. 10,00,000/- or more but less than Rs. 5,00,00,000/- shall obtain a Secretarial Com