Articles by Venkateswara Rao Sapare

Unfortunate that Professionals have certified

Posted by Venkateswara Rao Sapare 20 October 2012 17846 Views

Dear Readers, I am sorry to come out with filling unpalatable information. A random scrutiny of XBRL filing of financial statements by few companies to MCA for FY 2010-11 reveals significant variations in disclosures in published results an

Compulsions to form a 'Company', Sec 11, Companies Act

Posted by Venkateswara Rao Sapare 19 July 2012 31311 Views

Why to form Company, when there are other Business Structures (for profit) available: Sole Proprietorship (Business Structure for Profit) Part

Incorporation of Company, the Companies Bill, 2011

Posted by Venkateswara Rao Sapare 08 June 2012 14581 Views

THE COMPANIES BILL, 2011 Let us understand about Incorporation of Company May we divide this section into following three areas? Action from the Company Action from the Registrar Action from the Tribunal Before going in

Holding Company/Subsidiary Company - The Companies Act, 1956

Posted by Venkateswara Rao Sapare 29 May 2012 171453 Views

How do we assess which company is a Holding Company and which is its Subsidiary Company? A Holding Company may be a Subsidiary Company of some other Company. Similarly a Subsidi

Easy Exit Scheme 2011

Posted by Venkateswara Rao Sapare 20 December 2010 14229 Views

Easy Exit Scheme, 2011 Dear Friends, Refer my article on 02.08.2010, titled Company Law Settlement Scheme, 2010, Easy Excit Scheme,2010 (http://www.caclubindia.com/articles/company-law-settlement-scheme-easy-exit-scheme-2010--6421.asp ), wherein fin

The biggest litigant in the Government of India

Posted by Venkateswara Rao Sapare 16 August 2010 6820 Views

The biggest litigant in the Government of India “It is my proud privilege to be part of this momentous occasion in the history of the Income Tax Department, which is celebrating 150 years of Income Tax in India. For the first time in

Income from Employment,Direct Taxes Code, 2009

Posted by Venkateswara Rao Sapare 09 August 2010 9280 Views

Income from Employment, Section 17, Direct Taxes Code, 2009. Please focus your attention about the word “Person” The following lines are from 4.7, “Scope of total Income”, Chapter-IV of “Discussion Paper on Direct Taxe

DIRECT TAXES CODE BILL, 2009. DIN & TDS on Rent

Posted by Venkateswara Rao Sapare 04 August 2010 9202 Views

DIRECT TAXES CODE BILL, 2009 1) Document Identification Number, Sec 261 (4) “Any document, letter or correspondence, received by the Department, any income tax authority or any other person acting on behalf of the Department or the income tax

Company Law Settlement Scheme & Easy Exit Scheme, 2010

Posted by Venkateswara Rao Sapare 02 August 2010 11151 Views

Company Law Settlement Scheme, 2010 Easy Exit Scheme, 2010 Is the Ministry of Corporate Affairs concerned about “defaulting company” means a company registered under the Companies Act, 1956 and a foreign company falling under

Minimum Alternate Tax - DTC - 2009.

Posted by Venkateswara Rao Sapare 02 August 2010 10444 Views

Minimum Alternate Tax, a saddle on an entrepreneur as well as century old industrialists. “If you tax the productive segment of the population, they are going to think why should we set up factories if it is going to reduce our income