CA Madhukar N.Hiregange & CA Roopa Nayak BackgroundThe issuing of summons under central excise or service tax is viewed with a lot of fear due to lack of awareness and uncertainty by assesses. Under Section 14 [applicable in service tax vide sect
Life comes out with several surprises and is full of unexpected events, ones that do not come with any warning. There are a few activities that can cause a severe impact on your life in the form of several damages or
The future education seems destined for digital revolutionary methods of imparting a great deal of knowledge to the learners. The course of education will be enshrined digitally. The sense of digital learning pervades globally and reaches the pinnacl
Question Chapter Level of Question 1(a) Target Costing 5 A 1(b) Total Quality Management 5 B 1(c) Service Sector Costing
Insolvency and Bankruptcy Code - An IntroductionThe Rajya Sabha passed the major economic reform Bill moved by the Government i.e. �Insolvency and Bankruptcy Code, 2016�. This is considered as the biggest economic reform next only to GST.
What is Google TaxThe central government is set to impose an �Equalisation Levy� of 6% on cross-border digital transactions whose value exceeds Rs 1 lakh. Popularly called the �Google tax�, this is an indirect tax on foreign c
Important Amendment U/S 206C (1D) Of Income Tax Act, 1961 - Effective from 01/06/2016.Finance Bill, 2016 assented by President on May 14, 2016 has now become the Finance Act, 2016 (28/2016).Recently, Section 206C has been amended by Finance act 2016
It has been more than 14 years that we first heard about National Company Law Tribunal [NCLT] & National Company Law Appellate Tribunal [NCLAT]. But now by MCA Notification dated 1st June, 2016 in exercise of the powers conferred by section 408 o
Due Diligence literally means �reasonable care�. In relation to transactions / dealing with other entities, due diligence implies taking reasonable care to ensure that an entity has knowledge of those facts (disclosed and undisclosed) whi
It�s about 29 New Sections notified yesterday (June 1st 2016) in CA 2013 Hi AllYesterday MCA had notified 29 new sections through exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), By this
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