After the collapse of global stock markets and economic turmoil in 2008, 2009 came with hope. While we did not see the stock market highs of 2007, we managed to gain back most of the lost ground of 2008. In this article, we discuss the top 5 Sensex p
Restoration of issue of "Written off" goods"IntroductionWriting off the Inputs and Capital Goods for the stock account purpose in the books of accounts and reversal of CENVAT Credit has always been a matter of dispute between the asses
Introduction: One of the most critical drafts of Indian statutes was Income tax Act, 1961. In order to simplify the current tax structure government of India comes with a proposal of introduction of Direct Tax Code (DTC). The new Tax draft has given
COMPANIES LAW CASES Dear Students and Members, Please find below some latest case laws of 2009 compiled specially for CA and CA Students. This article covers 2009 series decided cases on Company Law. For ready reference you may bookmark this page. H
The Indian automobile industry is performing with a consistency cap on its head. It has again plucked off another feather to decorate its growth hat. The automobile sector in India surprisingly did well and outperformed our expectations in terms of
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GOODS AND SERVICES TAX – A COLOSSAL TAX REFORMINTRODUCTION OF GST/VAT:The Goods and Services Tax and VAT have long past the latter having been first suggested in 1974 in the report tabled by L. K. Jha
I have earlier written articles on oppression and mismanagement under section 397/398 of the Companies Act, 1956. I am of the strong opinion that than any provision of law under the Companies Act, 1956, the provisions dealing with oppression and mi
Can simultaneous penalties under various sections of the Finance Act be imposed for non-payment of Service tax? Law loses its sheen if not enforced. Penalties form a very vital part of any law to ensure its enforcement. However, many a time law enfor
Company Law is very very complicated and interesting. If we look at all the corporate regulations or law, it is very clear that it focuses mainly on the interests of the shareholders. The liability of the members is limited in limited companies and