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Employee recoveries and GST implications

  CA Roopa Nayak    14 March 2022 at 12:03

In this background, the paper writer has examined in light of recent developments whether GST to be paid on recoveries made from employees by company.



Atomic Habits - Power of compounding habits

  Dhruv Nandani    14 March 2022 at 08:43

What is a habit? Which habits should we inculcate? Why are habits important? How long does it take to develop a habit?



Whether income tax attachment order will be considered as bar on sale of assets of a company in liquidation under IBC 2016

  FCS Deepak Pratap Singh    14 March 2022 at 08:43

Leo Edibles & Fats Limited Vs. Tax Recovery Officer (Central)- Hyderabad [2018] 99 taxmann.com 226/259 Taxmann 387 Andhra Pradesh & Telangana High Court.



Regulatory compliances for Freelancers in India

  CA Puja Sharma    14 March 2022 at 08:43

Freelancing or the Gig Economy is an emerging movement around the world. The concept of freelancing is based on the premise that knowledge is global and more accessible than before.



Cost audit and cost record - Its applicability and compliances

  CS Shailesh Singh    12 March 2022 at 15:42

Cost audit is the independent audit of cost records maintained by companies. The concept of cost audit was introduced in 1965 when Companies Act, 1956 was amended to incorporate the provisions relating to the maintenance of cost accounting records and cost audit.



Supreme Court lays down guidelines for operation & safety of locker

  FCS Deepak Pratap Singh    12 March 2022 at 09:00

A customer for security of his /her valuables approaches the banks and ask for safe deposit lockers. It is duty of the banks same as bailee to provide security and safety to the valuables kept in safety lockers of their customers.



Income Tax Planning and its benefits

  CA Puja Sharma    12 March 2022 at 09:00

Tax Planning is an intellectual process that makes one's financial position tax efficient. It refers to all those activities undertaken by taxpayers to ensure that their tax liabilities are minimised and benefit of all the available deductions, allowances and exemptions have been availed and are working in a coordinated manner.



Whether statement in proposal form amounts to a warranty or is merely descriptive of the risk insured?

  FCS Deepak Pratap Singh    11 March 2022 at 09:03

A Proposal form is the most essential and fundamental document required for an insurance contract between a prospective customer and the insurance company. It includes the customer’s necessary information like name, address, age, education, occupation etc. It can also include the person’s medical history.



Buying and Selling of Stressed Loans by Banks

  Mohit Mishra    11 March 2022 at 09:03

Buying and Selling of Stressed Loans by Banks, NBFC, Asset Reconstruction Company, Co-operative Banks and All India Financial Institutions



Income from unsold flats shall be treated as business income

  FCS Deepak Pratap Singh    10 March 2022 at 08:44

INCOME FROM UNSOLD FLATS SHALL BE TREATED AS BUSINESS INCOME OF THE DEVELOPER AND NO INCOME FROM HOUSE PROPERTY ON THE BASIS OF ANNUAL LETTING VALUE OR NOTIONAL VALUE OF RENT.