An income tax raid is an operation of search and seizure which is conducted by the income tax department on the business or residential premises of taxpayers with an objective to reveal all the undisclosed income of the assesses.
Pursuant to the provisions of section 185(1) of the Companies Act, 2013 no company shall, directly or indirectly, advance any loan to any director of the company.
E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network
This article explains various compliance and responsibilities that a CFO/CEO has to abide by under the companies act, 2013 and SEBI(LODR),regulations 2015.
INTRODUCTION The Securities and Exchange Board of India (SEBI) has vide General Order dated October 09, 2012 framework general criteria subject to which draft offer documents filed for issue of
The demand of Company Secretary course in India is increasing at a very rapid rate. It is mainly because of increasing awareness among the students about this course. Earlier it had not been that widespread as compared to modern times. More and more
If a person who is required to furnish a statement of financial transaction or reportable account under section 285BA fails to furnish such statement within the time prescribed, the prescribed income-tax authority may direct that such person shall pay, by way of penalty
The Finance Minister recently announced various changes to Direct Tax while giving the details of the Economic Package. Various relaxations were given to the taxpayers in the form of extension of the statutory due dates, and reduction in the TDS and TCS rates. After the relaxations were announced by the FM people had several questions about the implications of such changes
In the present situation of globalisation , Tax regimes plays a vital role in investment and trading decisions in other countries. The visible impact of global...
Checks and balances are utmost essential in any tax regime. The service tax payers are entrusted with a self-assessment system wherein the tax paid by them is deemed to be appropriate and correct. Nonetheless, there might be instances where some ass
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English