Independent directors are now a crucial part of Indian company law
MIS is understood as Management Information Systems by many. However, it is also misunderstood by many, when it comes to what its true meaning is. I have come to think on these lines after seeing varied types of reports in different organizations, be
Oflate, very interesting legalities have evolved in relation to Tribunal (CESTAT) . I am highlighting only three aspects as below : a. No Dismissal for Non-Prosecution- In Balaji Steel Re-Rolling Mills Versus Commissioner Of C.Ex. & Customs rep
In my earlier article Joint Development Agreement - A Business Model I had made an attempt to discuss the joint development agreement model and a broad view of tax implication under the Income T
IntroductionRenting/Hiring of Motor vehicles has mostly been an unorganized sector with mainly individual business houses dominating the sector by operating with limited vehicles (mostly owned
Effective April 1, 2014, there is a provision in the legislation that mandates a CSR spend. This has created a sudden hype and all my friends who have small NGOs and are presently doing a good job over the last few years are in a fix. These existing
Almost all tax statutes provide for first appeal against any tax demand or assessment order, to an officer of the same department, assigned the role of an appellate authority who is supposed to be a quasi-judicial authority, in the sense that despite
How to determine applicable TDS Rate on making Foreign Payment : TDS on foreign payments depends on two conditions. First, whether deductee provides a valid TRC or not? Second, whether deductee holds a valid PAN in India or not? Below is the matrix
Karniti Part 67Nobel Prize and other Indian Awards are Tax Free?Arjuna (Fictional Character): Krishna, recently Indian resident Mr. Kailash Satyarthi received Nobel Peace Prize with Malala Yusufzai. This consists of a medal and approximately 6 crores
INTRODUCTION: The concept of having a body such as National Financial Reporting Authority is not new as such. The Institute of Chartered Accountants of India already has many of these powers. As per section 211(3C) of Companies act 1956, every balan
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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