How MFIs work??Many of us will be aware that micro finance means provision of financial services such as loan to people living in poverty, while some institutions particularly strive for uplift in lives of poor women and their families. The Microfina
A bond washing transaction can be defined as a transaction where some securities are sold sometime before the due date of Interest and reacquired after the due date is over. In order to discourage such transactions Section 94 was introduced.
Assessee Can Claim Reasons For Issue Of Notice U/S 148 Before Filing Of Return U/S 148.Section 148 of the Income Tax Act, 1961 is possibly the most belligerent combat tank in the armory of Income Tax Department. This tank has been further strengthene
IntroductionGTA -“This taxable service means any person who provides service in relation to transport of goods by road and issues consignment note by whatever name called”Goods Carriage –any motor vehicle constructed or adapted for
The process of Input Tax Credit Reconciliation under GST is necessary to avail maximum Input Tax Credit.,hHowever this process consumes a lot of time and human ..
CHAPTER VI-A SIMPLIFIED Applicable for F.Y. 2012-13 Sections- from 80A to 80GGC Deduction under Chapter-VIA is not allowed against following incomes: Long Term Capital Gains. Short Term Capital Gains u/s.111A Winnings from lotteries, crossword
Videocon Telecommunications closed the largest project financing ever for a greenfield operator in India. The SBI-led Rs. 72 billion ($1.6 billion) financing came solely from Indian lenders. These lenders had to work around the regulatory
Corporate fraud is a major problem that is increasing both in its frequency and severity. Research evidence has shown that growing number of frauds have undermined the integrity of financial reports, contributed to substantial economic losses, and er
NOTE ON REQUIREMENT OF PAN BY NON-RESIDENTS IN INDIA AND TAX CONSEQUENCES: The analysis of the requirement of PAN is made on the basis of following cases: I. Non resident is exempt from tax in India: II. Non resident is liable to ta
SERVICE TAXCenvat For Automobile DealersBrief Introduction Automobile Dealers are normally engaged in Selling of Vehicles, Selling of Spare parts of vehicle, and working as an Authorized Service Station on behalf of the principal. In the course of se
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English