In Companies Act, 2013, section 89 is the only section which gives a way to a person/company to hold 100% control over a company.
Accountant Malpractice Lawsuits - Collection Tool forLenders?By Grusd, Neville Lenders occasionally sue accountants for malpractice.This generally occurs when the lender suffers a lossand claims that the advances were made in reliance onincorre
STATUTORY REGISTERS, BOOKS, RETURNS AND OTHER RECORDS TO BE PREPARED OR MAINTAINED BY COMPANIES UNDER THE COMPANIES ACT, 1956 Section Descripti..
In the Current Tax Regime, Various conditions are applicable for availing input tax credit. A breif Overvie is given below: - - VAT : As a VAT dealer, you can a..
In this article, we are providing the summary of NEW & MODIFIED CLAUSES of CARO 2020 as follows:
An insight on the new banking concept being introduced in India
In this background, the Budget 2024 has proposed amendment to make distribution of common credit mandatorily by ISD route. This proposal is yet to be notified. The author has examined the ISD concept and the implications of the latest proposals.
1. IFRS 2 applies to all share-based payment transactions, which are defined as follows:� Equity-settled, in which the entity receives goods or servi
Indian economy has been recently downgraded by global rating agency. Well that is the half hearted knowledge being carried by one simple investors, broker and among the financial community.Well why half hearted and where are the loopholes between i
What are the deductions admissible to a Senior Citizen? K G menonThere are not many . A person becomes senior citizen under Income Tax Act in any year after attaining the age of 65 even for one day. Once he attains 65 years, his status as senior citi
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English