The concept of inherent powers under section 482 as declared in Cr.P.C in the context of the high court finds its essence in the fact that the courts are created for the purpose of doing justice in the case. The courts per se have all powers to take
BACKGROUNDThe Companies Act, 1956 was the principal legislation governing the company law in India for more than six decades. It was then replaced by a new legislation, Companies Act, 2013 (hereinafter referred to as �Act��) in the
Q1.(b) Dharmendra Ltd. gives the following particulars relating to the services provided by it to its various clients for the month of January, 2016:(i) Total bills raised for ₹17,50,000, out of which bill for ₹1,50,000 was raised on a SEZ unit for s
Section 135 of the Companies Act, 2013 (Act) deals with the provisions of Corporate Social Responsibility (CSR) and requires every company that comes under the purview of the mandatory spend to spend on CSR in that financial year. The Guidance note o
Service tax which is an indirect tax is no more far from us. We all pay Service tax on services received. The scope has been widened by introduction of negative list and presently almost all services are covered under the tax provisions.Like, direct
Yesterday it was my wedding anniversary, completing 11 years of togetherness with Anu. These 11 years have been a great journey together and Anu and me have lived some wonderful moments together. In these 11 years we have not only travelled extensi
Mr. Young's Mother-In-Law has gifted Daamadji Rs. 1,00,000 on his birthday. Excited with the windfall he decides to buy the latest smartphone and invest whatever is left. So he is spending Rs. 50,000 and saving Rs. 50,000. How he buys the smart p
This is a concept note on MIS, which attempts to cover many types of Business Models we normally see. Accordingly, to any particular organization, only some of the modules covered here would be relevant.As you see in the chart below, an organization
The trending news in Business, Politics and World economy is �PANAMA PAPERS�. The term � Panama Pap
The judicial precedent always plays vital role to clarify the law particularly when statute is not clear cut in regard to any issue. There is the same situation in the case of demand of interest on delayed payment of Central Excise Duty. The Central
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English