Important judicial pronouncements under Service Tax: 1. Whether abatement under the Notification Nos. 15/2004 and 1/2006 with respect to Commercial and Industrial Construction can be denied as assessee provides only completion and fi
Notwithstanding the technicality of the law viz: the point of discussion Provision for write of inventory, we opine that in the subject matter the spirit of the law in principle might prevails over the technicality of the law and which
Understanding Allowability of Business Expenditure under section 37 of the Income Tax Act, 1961 with latest case laws Section 37 of the Income tax Act, 1961 is a residuary section for allowability of business expenditure and the same is given be
In the aftermath of the financial crises, it would seem fair to presume that risk management functions now have higher visibility, authority and influence. However, a recent report Too good to fail? issued by Economist Intelligence Uni
Exemption to certain classes of companies from disclosing in their profit and loss account from certain information in terms of Part II of Schedule VI [Ref: Notification No. S.O. 301(E), dated 8th February, 2011 and F. No. 51/12/20
Time flies, so do opportunities. We miss some while we catch some, sometimes in awe, at other times in regret. But the most hazardous thing to do is to play around with priorities, juggling with what needs prior attention and what is subtle enough
Bank finance is very important for growth of the business. Can you imagine companies like Reliance & Tata to become biggest business groups in our country without bank funding?
Hi to all those who couldnt make it this time, I am not writing this to console you people..( I know you must have got it from your near and dear ones)but I just wanted to share my experience and thoughts with you While most o
Introduction Money laundering is beomcing a pervasive cocept may it be Developed country or Developing country. to curb this more and more countries now bringing suspicious transations unders the leagal scanner. Moeny is Behind all ill acts and wis
The provisions of section 370 and 372 have been combined with sec 372 A
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