Concealment or furnishing inaccurate particulars of income is liable for penalty. The concealment may be deliberate or otherwise. Provisions relating to concealment penalty have undergone frequent changes . For example, the Finance (No. 2) Act, 1977
Recently, The Union Cabinet approved setting up of the National Financial Reporting Authority ('NFRA'), which will be an independent regulator for t
Section 33 of the IBC sets out the various circumstances in which the adjudicating authority must pass an order directing liquidation of the corporate debtor:
GST is an Indirect Tax which has superseded many Indirect Taxes in India. The Goods and Service Tax Act came into effect on Chartered Accountant's Day, i.e.
"Retire in Peace" how often have you heard this phrase before? A lot of insurance companies have this line plastered across their financial products. You would think retirement is the most painful thing in the world. But with a lit
In today�s corporate world for maintaining a Brand it is very important to have a Good Corporate Governanc
Amendments proposed in the Finance Bill, 2023, vide Clause 128 to 144 except clause no. 142, will come into effect from a date to be notified
From 1st August, 2020 some rules are getting change. The changes may affect our life. The new rule will be implemented after replacing old one.
Charitable Purpose Clarified Income of a charitable trust is exempt according to the provisions of section 11, 12 and 13. The trust should be one established in accordance with law and its objects should fall within the definition of “charita
BACKGROUND:The Government has introduced amendments in Prevention of Money Laundering Act, 2002(PMLA) through Finance Act, 2018. The amendments aim at further e..
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English