The concept of MAT was introduced under income tax act to tax companies having profit as per books and declaring dividends but have no significant taxable income because of exemptions, deductions, incentives and tax holidays available to them. The in
Issue of taxability of surplus on sale of shares and securities � Capital Gains or Business Income � Instructions in order to reduce litigation � reg.1. Sub-section (14) of Section 2 of the Income-tax Act, 1961 (�Act�) d
We are living in a world where information and communication technology is changing rapidly. This has resulted into new business models where goods and services are being supplied in virtual world. Business are being conducted in digital domain and t
This is a checklist of documents and procedure required to allot foreign shares to an Indian company after receiving FDI in India complied and arranged from internet only updated upto March 03, 2016. Procedure of FDI in India under Automatic
The Hon. Finance Minister presented his budget 2016 on 29.02.2016.The budget can be categorized as;a) Major Steps i.e. bold initiatives.b) Continuance Steps with some changes.c) Minor Steps like cosmetic or announcement purpose.d) Failed Steps Uncall
Introduction:-Budget 2016 has been introduced and with it has come many amendments and changes in the law. One such change is with respect to the services by way of transportation of goods by an aircraft or a vessel. The amendments made in it are eff
Introduction: This year's overall �Union Budget is �just� like an election budget- trying to please more of �poor voters-nothing is wrong in it but schemes launched for them must be strictly
With any new business deal, don’t think about how much you can afford to get—think about how much you can afford to give. A spirit of giving will allow you to get.” - Jarod KintzNot for profit organizations or as we simply say NPO,
Objective of the Article: Objective of the article is to share thoughts on Equity Markets for Small, Medium and long term investors covering their personal portfolios. Well Pls be note that below said is author independent view however markets would
In my first part of the Article "Excise on Ready Made Garments and Made Ups-Post Budget-2016" we had presented a brief note on applicable Central Excise with effect from 1st of March, 2016 on Readymade Garments and Made Ups. In this part,
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English