As per Income Tax Act 1961, a Person as defined in Section 2(31) can set off and Carry forward the losses incurred. It has been updated till Budget 2018.
Best places to get a training from for the future success of a Chartered Accountant
The Insolvency & Bankruptcy Code, 2016 is a key economic reform and aims to provide much awaited relief to Indian Banks.
Every responsible auditor should take this deviance in CSR seriously and ensure that they report more responsibly as a Qualification in the Audit Report
There is a need of the system which can erode all such problems & can lead to the path which will simplify the taxation system & will give freedom from complex ..
The GST model law as it stands is a disaster- totally loaded against the honest tax payer- too cumbersome for the SMEs. Needs a major surgery.
The provisions relating to Corporate Social Responsibility (CSR) are governed by Section 135 of the Companies Act, 2013 and Schedule VII of the Act read with Companies (Corporate Social Responsibility Policy) Rules, 2014.
W.e.f. 01st April 2016 all the government services provided to the business entity are taxable in the hands of service receiver. Prior to 01st April 2016 only s..
As far as listed companies are concerned and as per the notification dated 16th February, 2015 issued by Ministry Of Corporate Affairs (�MCA�), the Companies whose EQUITY or DEBT securities are LISTED
ITR-4S is a special case ITR, applicable for businesses where income is calculated on 'presumptive method'. In simple words the presumptive method lets you report your income as 8 per cent of your gross receipt
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English