CBDT has issued certain notifications to provide for the transfer of capital assets from Air India Limited to Air India Assets Holding Limited and to clarify certain things under the Income Tax Act, 1961.
AGM provides members with an opportunity to collectively discuss the affairs of the company and to exercise their ultimate control over the management of the company.
While computing income under the head income from capital gains, the most important thing to understand is the definition of a capital asset. However, let us discuss certain assets which are not considered capital assets.
It is necessary to take strict steps to curb the nexus of ML and Terrorism. The government to coup with above has made changes in the Anti Money Laundering Act, 2002 and Unlawful Activities (Prevention) Act, 1967.
Every CA/CS/CMA or other working professional doing studies with a Job/Articleship faces a problem in juggling studies with office work and personal life. Here are some tips to get more productive while studying.
The Companies Act, 2013, SEBI (LODR) Regulations, 2015 and other acts have specified some disqualifications on occurring of which a person cannot be appointed as director of a company.
Now the subscribers of NPS can remain in this investment medium after the age of 60 years or after their superannuation. Also, people above the age of 65 who want to open a new account in NPS can also do so.
A person adopting the presumptive taxation scheme can declare income at a prescribed rate and, in turn, is relieved from the tedious job of maintenance of books of accounts and also from getting the accounts audited.
Amendments in the provisions of IDs in relation with Appointment, Resignation, Removal, D&O Insurance, Cooling–off period and Declaration by IDs.
FEMA aims at facilitating external trade, payments and for promoting the orderly development and maintenance of foreign exchange markets in India.