INTRODUCTION Section 134 of the Companies Act, 2013 casts a responsibility on the Board of Directors to prepare a report containing details as discussed below and this report needs to be annexed to the Financial Statements which are laid before the m
Now a days, every assessee who is doing investment in shares are getting hitted hard by the impact of section 14A. The AO are adding back a huge sum on account of this, whereas the assessee had not e
The budget for the F. Y. 2015-2016 has been presented by the Hble Finance Minister, Sh. Arun Jaitely Ji on 28th February, 2015 with a focus for smooth transition of all the Indirect Taxes towards the Goods & Services Tax (GST) proposed to
Recently Hon`ble high court held that u/s 10(23c)(iii)(ad) - Limit of 1 crore exemption available to the assessee as annual receipts of each of the institutions. Assessee is running as many as 23 educational institutions upto assessment years 1
How to start your exam preparation Well friends, "How to start Exam preparation is indeed a very vital question" which float over or threatens every student after getting enrolled for a professional course. As per my personal observation most of ou
Buyers credit-A Source of Finance When Indian concern purchases goods from foreign supplier against letter of credit then the Indian concern can avail buyers credit arrangement. It is a source of finance provided by banks in fore
Name of the company is an important part of its identity just like in case of Individuals. Selection of Name of the Company is one of the first steps towards incorporation of a Company under Companies Act, 2013. Various new provisions have been intro
Students may surprise to read the title : AVERAGE STUDENTS ARE ACTUALLY NOT AVERAGE STUDENTS. . . After a research on the above; I have found that most of the students misbelieve that they are average students because their marks are average i.e.
Someone has rightly said, "One can't learn swimming until one jumps into the water." Such is the importance of Articleship. Its just like another waterbody. Unless a IPCC qualified student throws her/himself into this waterbody, how s/he can dream of
In this article, we will discuss how government will levy penalty or tax on the cash deposit in bank account of the public.
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