FAQ on Corporate Social responsibility as per Companies Act, 2013:1. Whether salaries paid to regular CSR staff and volunteers can be factored into CSR project cost.Ans: Yes, the above will become a part of CSR expenditure.2. Under what conditions th
IntroductionThe Point of taxation rules were introduced in 2011 and since then, the govt. has made numerous amendments to it. Recent Changes In case of individuals and firms, where the taxable services provided in
During one of my sessions with a group of students, I was confronted with a very aggressive student. He continued his assault on ICAI, ICSI and ICMAI for the fact that they have the tendency to fail a number of students without any reason. He refused
Karneeti Part 74Second Home: Problematic in Real life as well as in Income Tax?Arjuna (Fictional Character): Krishna, Recently Reserve Bank has reduced the Repo Rate leading to reduction in the Rate of Housing Loan. It may be easier for
INTRODUCTION:I shall begin my write-up with the wording of section 70 of DVAT Act which empowers Commissioner DVAT to issue notifications and prescribe v
INVESTMENT IN FIXED DEPOSITS INCOME TAX DEDUCTION FOR AAM AADMIHello readers , Many of the assessees and their advisors which I came across have doubts regarding the claim for deduction under section 80C on Investments in term deposits with sc
Finance Bill (No.2) 2014 has vide Clause 98 has proposed an amendment in Section 35F of Central Excise Act that the appeal against an Order passed by lower authorities will not be entertained unless the appellant has made a pre-deposit of 7.5 per cen
Service tax applicability on Short notice recoveryIntroductionIn the present day corporate world, an employee is expected to possess challenging skill sets to perform the duties expected as per his job profile due to which there is a high demand for
The companies act 2013 provides for the managerial remuneration. According to section 197 of the companies act, the total managerial remuneration payable by a public company, to its directors, including managing director and whole time director and i
CHANGING SCENARIO OF ECONOMYThe Economy after Modi Government Steps taken and their effects: STEPS TAKEN BY THE GOVERNMENT Bilateral Relations a. Modi had begun promotion diplomatic relations with other countries. Inviting SAARC leaders to his sweari
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