SCHEDULE VII / SEC 135CORPORATE SOCIAL RESPONSIBILITY1. APPLICABILITY:Companies (Either private or public) having, Net worth of Rs. 500 crores or, Turnover of Rs. 1000 crores or, Net profits of Rs. 5 crores, Have to spend at least 2% of it
Learning Series on CSR LAW in India (2nd Issue)Some Confusing & Debatable CSR IssuesIntroduction1.1.1 The law relating to CSR in India is provided in Section 135 of the Companies Act, 2013 read with Schedule VII of the Act and The Companies (Corp
GST is a destination based tax structure which is also totally a new concept for Indian Indirect taxation scenario. With the introduction of GST in the country, there will be certain significant changes in regime of
There is old litigation between assessees and department whether Cenvat Credit of service paid on various services received viz. installation/repairing & M
There can be two answers to the above Question i.e. Yes Or No. I will talk about Chartered Accountancy being in a Mess in my article as Criticism leads to Improvement and I believe in it.Well the course is right now pretty screwed up, because of the
Information Technology (IT) industry has grown multi folds in last 2 decades in India. It is one of the most revenue generating sector for government, job creating sector for individuals.The taxability of Software/Solutions/Clouds has always been a l
Karneeti Part 106Bhaijaan, TDS se kar lo PehchaanArjuna (Fictional Character): Krishna, the festival of Eid is approaching. But the Taxpayers are in a rush of filing TDS returns. As the due date of TDS returns and the auspicious festival of Eid have
DEDUCTION UNDER SECTION 80 C F.Y. 2014-15(A.Y. 2015-16)(AN INVESTMENT LINKED DEDUCTION) 1. LIMIT:With effect from 01-04-2015 the maximum allowable limit is extended to Rs.150000 from the previous Rs.100000.2. MAJOR INVESTMENT AREAS: Followi
This article deals with an insight in Securities Appellate Tribunal (SAT), a body formed by SEBI Act, 1992.Section 15K of SEBI Act, 1992 empowers the Central Government to set up one or more Tribunals, for the purpose making appeals against the order
Accounting of Compensatory Absences (Leave Encashment Obligations) 1.This note is an attempt in the matter of accounting provisions to be made in financialreporting of enterprises for Compensatory Absences (Leave Encashment Obligations) in compliance
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English