Section 68 of the companies act 2013 and Companies (Share capital and Debentures) Rules,2014 deals with the power of company to purchase its own securities.Sources of Buy Back:A company may purchase its own shares or other specified securities out
Company dispute resolution mechanism – Company Law in India: With the experience of looking at the litigation before the Company Law Board and the Company Court, with the privilege of looking at various judgments under the provisions of Compa
DIRECT TAX LAWS Supreme Court of India G.K. Choksi & Company v. Commissioner of Income-tax Depreciation - Initial depreciation on building under section 32(1)(iv) at rate of 40 per cent would not be available to professionals; it would be available t
If you do your own business or if you are a tax payer, have you ever wondered whether you should turn things over to a professional advisor? This article attempts to shed some light on this topic and provide you with some things to think about so you
The Supreme Court in Commissioner of Trade and Tax, Delhi v. M/s Shanti Kiran India (P) Ltd. (2025) upheld that bona fide purchasers cannot be denied Input Tax Credit (ITC) under the DVAT Act merely because the selling dealer failed to deposit tax.
The Institute of Chartered Accountants of India (ICAI) has come up with the exposure draft on AS 12(revised). AS 12 (exposure draft) deals with accounting for Government grants and disclosure of Government assistance. AS 12 deals with the accounting
The concept of Significant Economic Presence (�SEP�) was introduced in the Income-Tax Act, 1961 (�the Act�) from April 1, 2018 i.e. A.Y.
Introduction:- With the forthcoming budget 2016-17 there were lot of hopes and expectations of the automobile industry that they will be encouraged by way of various tax incentives but the budget came as a curse to them. All the hopes went in vain as
These days advertisement made through digital platform is quite popular and convenient for business enterprises. While thinking about digital platform, we go for Google, Facebook, Twitter, Linkedin and Insta etc.
We at TopconnectO recognized early on that the biggest challenge for self-employed professionals is often getting their name in front of their potential customer or client.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English