Statutory background for Royalty payment in India The very nature of the term Royalty indicates a disguised share of profit and it is paid for acquiring a very valuable knowhow or technique that assists a person in nourishing his sales. Let us navig
Imagine driving a car without knowing what an accelerator or a brake is. Imagine using a computer without knowing what a keyboard or a monitor is. Similarly, imagine investing in Mutual Funds without knowing some key terms. You may have investe
The biggest litigant in the Government of India “It is my proud privilege to be part of this momentous occasion in the history of the Income Tax Department, which is celebrating 150 years of Income Tax in India. For the first time in
A DISCUSSION ON TAKEOVER ADVISORY COMMITTEE (TRAC) REPORT[1] This discussion paper on the proposed Takeover Regulation by the Takeover Regulation Advisory Committee (TRAC) is an analysis of the TRAC Report mainly from the perspective of practicabil
As a nation we are now poised to take some historic steps, collectively, to empower our children and thereby, our entire nation. As the Human Resource Development Minister of the country, it is my duty and obligation to ensure that our children are
Yes, TDS remittance delayed by a day may cost the deductor up to 3%. So next time, as a deductor if you are not serious about the due date for TDS remittance, just think about this. Due date for TDS remittance Ø Where the amount is credite
Depreciation – Multifarious views and Court Judgements The common school of thought is that, the term ‘Depreciation’ is associated with the wear and tear of an object which has a useful life extending beyond the normal operating cy
My brief below may appear not connected directly to the CA students or the profession and it is not directly related to subject also. But, I believe that it is very important to have a proper vision, plan and right thinking to achieve anything in
This is one of my favorite topics to talk about. I do not like ‘gyan’, so I would not talk about work hard, motivation, positive attitude – you have heard more than you want to hear about these. So what I am going to talk about