Amrita T., a CA, currently works in the Project Finance arm of Tata Capital. Srikanth N was treasurer of a large MNC bank. What is it that prompted them to move into the mainstream of Financial Services? The career growth and money are both much m
The country is passing thorough a phase where the need of transparency at all levels appears to be explicitly essential. There is a trust deficit at all levels, be it the Civil society, public at large or government machinery. The assessees are en
PENALTIES UNDER THE INCOME-TAX ACT For non-compliance with the different provisions of our Income Tax Act, Section 140A, 143(1A), 221 and 271 to 275 give the reference to levy penalty on a assessee. An assessee might be prosecuted for his comply wit
Despite being an important asset for a company, human resource is an asset always ignored by accountants. With regards to assets, there is a fundamental conflict in accounting practices between human and non-human assets. Only non-human assets find
Hey Friend$, Thanks for the response and the appreciation on the article "I CANT BUT HE CAN" which inspired me to write another article for the readers............. Life is full of twist and turns that everyone agrees... L
The Law of evidence plays a pivotal role in the effective functioning of the judicial system. The existence of substantive rights can only be established by relevant and admissible evidence. Relevancy of facts is the key to determine
A COMPREHENSIVE OVERVIEW OF THE SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992 INTRODUCTION One of the fundamental and most general principles of law is that when any individual acquires any kind of special knowledge or information
Taxation of Works Contract under TN VAT! Meaning of Works Contract in TN VAT: Sec 2(43) defines as Works Contract includes any agreement for carrying out for cash, deferred payment or other valuable consideration, building constructi
In works contracts, between contractor and sub-contractors only one is liable to pay tax When works contract is sub-contracted there is only one taxable event and between main contractors and sub-contractor only one is liable to pay tax on the g
Gone are the days when a chartered accountant in profession use to provide service to the clients with authority and client was supposed to reveal everything during the process of audits or other consultancy services being availed by such clients? T
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