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Articles by Sathya Sankeerth K N

Presumptive Taxation | An analysis

Posted by Sathya Sankeerth K N 01 May 2021 31994 Views

PRESUMPTIVE TAXATION Presumptive taxation involves lump sum levies on certain small-scale business activities to whom Section 44AB is not applicable. Thus Sections 44AD, 44AE and 44AF of the Income-tax Act, 1961, provide for estimating the income

Gold Mutual Funds

Posted by Sathya Sankeerth K N 17 August 2012 12921 Views

A gold mutual fund is like a mutual fund backed by gold as the underlying asset and would be held mostly in demat form. An investor would get a securities certificate issued by the mutual fund running the Gold Mutual Fund defining

CENVAT

Posted by Sathya Sankeerth K N 10 May 2011 23877 Views

CENVAT Basic purpose of VAT is to avoid cascading effect in the payment of taxes to the government. Its main advantage can be found as fall in the payment of taxes by the ultimate consumer. CENVAT also comes in the same format but is structured in