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Sec 195- TDS on NRI

  CA Prashant Gupta    08 February 2010 at 12:19

Sec195- TDS on NRI Sec 195- though its heading is ‘other sums’ it deals with payment to NRIs other then Salary income. According to Sec 195 when payment is credited or paid to any NRI for interest or other sum excluding Salary is liabl



Late Fee and Penalty for delayed filing of ST-3 Returns

  Kaustubh Ram Karandikar    05 August 2011 at 14:39

Late Fee As per provisions contained in Section 70 of the Finance Act, 1994, a person liable to pay Service tax



What do you mean by Annual Value?

  Ritik Chopra    06 July 2021 at 15:00

The term annual value has been defined under Section 23(1) of the Income-tax Act, as "the sum for which the property might reasonably be expected to let from year to year".



Question papers & Analysis of CA Final (Old and New) May 2019 exams

  CCI Team    28 May 2019 at 19:01

27th May 2019 marks the beginning of the much awaited CA Final May 2019 exams. The question papers related to all the CA Final May 2019 exams will be available for download here.



CA Final Result [May 2019] - Check Pass Percentage, Rank Holders List & Toppers Marksheets

  CCI Team    13 August 2019 at 19:18

The pass percentage of CA Final(Old Course) was less than CA Final(New Course). The Pass percentage of CA Final May/June 2019 attempt witnessed a downward trend as compared to the pass percentage of CA Final November 2018 attempt.



Provision and Payment of Gratuity is Mandatory

  CA Sitaram Agrawal    08 May 2009 at 15:28

This Act is enacted to provide for a scheme for the payment of gratuity to employees engaged in factories, mines, oilfields, plantations, ports, railway compani..



Analysis of Section 36(1)(iii) Interest on Borrowed Capital

  Pankaj Gandhi Jaiswal    22 March 2012 at 15:51

Analysis of Proviso of Section 36(1)(iii) & Proviso (1) The deductions provided for in the following clauses shall be allowed in respect of the matters dealt with therein, in computing the income referred to in section 28



Audit of Banks with the help of Finacle

  Pranav Vijay Pandya    16 January 2014 at 12:59

Audit of Banks with the help of FinacleThe banking sector in India has developed tremendously after it adopted the Core Banking Solution (CBS). Finacle is also one of such CBS softwares developed by Infosys. Many nationalized banks such as Bank of B



Assessment & Refund under MVAT Act

  Krunal.J.Davda    20 June 2013 at 11:45

Assessment & refund Under MVAT Act, 2002 Introduction: From the time MVAT Act has come in force hardly any Assessment Orders were passed, only Refund Orders were generally passed in case of Refund cases,



All about rights, duties and liabilities of a Director

  G S Rao    12 September 2011 at 16:24

All about rights, duties and liabilities of a Director INTRODUCTION: Prosecution of Mr. Keshub Mahindra, for the Bhpoal gas tragedy which resulted in loss of several lives, sent shock waves in the Corporate world. Mr. Kesub Mahindra was non Executi




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