Note: if you are required to file DPT4 , a resolution should be passed authorizing a director to file DPT4. Such approval can be in either First Board meeting or in subsequent board meeting. Similar requirement is for the granting or borrow of Loan o
Decisions regarding amendment in slab rates: 1. Council approves Tax cut on items fall within the 28% slab and slash rates for daily use items, plastic p
In this article we are going to discuss changes brought about in the taxation of Income from Life Insurance Policies.
All companies registered in India including private limited company, one person company, limited company, section 8 company and others are required
Income Tax Department has notified 7 various forms up till now i.e. Form ITR 1 to ITR 7 for filing Income Tax Return for different types of income and different types of entities.
Self-motivation is the inherent force that will get us through the daily grind. The textbook definition of motivation would be “the reason one has for acting or behaving in a particular way.” Motivation is the key to achievement, and it c
Hi Guys, On Jan 21st, 2013 I became a qualified Chartered Accountant. It was a great feeling to see the happiness in the eyes of my parents. I just want to share my story here. PE-I (1st Stage) It all started in May 2004 when I cleared my PE-I
TDS PROVISIONS MADE MORE STRINGENT WITH REGARD TO COMPLIANCE PART & PENALTY CLAUSES INSERTED IN THE BUDGET, 2012. As time is passing away the TDS provisions are made more & more stringent day by day. TDS being one of the most important rev
A REVIEW OF DIN [DIRECTOR IDENTIFICATION NUMBER] CONSEQUENT TO MCA NOTIFICATION DATED MARCH 15,2013. The Companies (Amendment) Act, 2006 has introduced the concept of Director Identification Number by inserting sections 266A to 266G in the Compan
This article gives a thorough analysis of Sections 40A(3) and 40A(3A) of the Income Tax Act, which deals with the Restrictions on Expenditure (Capital & Revenue).
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English