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Procedure laid down under N I Act for trial of 138 cases and Supreme Courts recent directions

Posted by G S Rao 14 May 2014 159131 Views

Introduction: Indian Banks Association filed a PIL in Supreme court for issuance of directions to all courts in the country for mandatory compliance of Section 143 of Negotiable Instruments Act, 1881(Referred as NI Act) read with provisions of Sectio



Procedure for Conversion of Private Company into Public Company under CA 2013

Posted by Ankur Garg 24 September 2014 159097 Views

Dear Professional Colleagues, In my previous article I have shared the procedure for Conversion of Public Company into Private Company under Companies Act, 2013. Through th



Deduction under 80 CCF discontinued

Posted by Tapas Ruparelia 23 March 2012 158984 Views

‎80 CCF DISCONTINUED:- Investments made in infrastructure will no longer be allowed as deduction from the Total income u/s 80CCF i.e. over and the above the deduction u/s 80C, the additional deduction of Rs. 20000 is discontinued from next fisc



Preparing for IPCC - Self study

Posted by CA Dhiraj Ramchandani 28 December 2010 158255 Views

PREPARING FOR MAY/NOVEMBER 2011 IPCC (Especially for Self Preparing Students for May/Nov 2011 Examinations) | DHIRAJ A. RAMCHANDANI | INTRODUCTION Let me make this very clear, Im not from IPCC stream. It's just that,



Tax Treatment to Doctors - Its all about Doctors

Posted by CA. Chikkerur C R 21 July 2011 158103 Views

Both Self Drugging & Self Tax Planning are not advisable Doctor is one of noble professional in the society & helps the society to be a healthy. But this professional will not be spared & will be taxed for the income generated



Sale/Purchase--Intra State Vs Inter-State

Posted by CA Chandra Kishore Bajpai 14 December 2013 157997 Views

Under the Central Sales Tax Act,1956 (in short CST), registered dealers are eligible for certain concession or exemption of tax on inter-State transactions if dealer is able to comply with certain conditions. Submission of statutory forms is one of s



HOW TO PREPARE FOR CS (Company Secretary)

Posted by CA CS CIMA Prakash Somani 16 June 2010 157535 Views

HOW TO PREPARE FOR CS (Company Secretary) 1) First and most important thing is MODULEs play a vital role in clearing you the exams or for getting rank, see the exam paper you will get Objective Q’s, Fill in the blanks, Yes/No type questions



Managerial Remuneration (In a Simple way)

Posted by M. N. JHA 05 July 2010 157404 Views

Managerial Remuneration As per Company Act 1956, Managerial Remuneration should be include all the payment and benefit whichever incurred by a company on behalf of its management. Managerial remuneration may



Section 35 of Income Tax Act - A Student's Guide

Posted by Tony John 07 January 2016 156874 Views

With roughly 4 months left for May 2016 exams, it is high time the students taking up the exams start their preparations. Direct taxes is arguably the most voluminous of all papers. And In Direct Taxes, Profits and Gains from Business and Professions



Issue of Shares at less than FMV- Section 56(2)(vii)

Posted by MOHIT JAIN 21 March 2014 156792 Views

Analysis of Mumbai Tribunal Judgement in Sudhir Menon HUF (ITA No. 4887/Mum/2013)- AY 2010-11- Section 56(2)(vii) Facts:- Assessee was shareholder in a company and was allotted right shares (1,94,000) at face value of Rs. 100 each on 28.01.2010 The




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