Transportation sector is the most critical sector of our economy, which makes it equally important for the sector to come under the purview of Tax system. Goods...
I have seen the world Son!! Not for nothing I have these gray hair said Mr. Anand Desai, 56 Years old businessman to his son Niraj Desai, 28 years old professional working with a leading IT company. No Dad, I am also a post-gra
International Tax is best regarded as the body of legal provisions of different countries that covers the tax aspects of cross - border transactions. It is concerned with Direc
The Books of the Company shall be kept in the accrual basis. Financial Statement [Section 129 to 131] The financial statements shall give a true and fair view
The Income Tax Act 1961(The Act) as amended by Finance Act 2012 brought specified domestic related party transactions (SDT) within its fold with effect from FY 2012-13 vide section 93BA of the Act and admittedly as with any new legislat
Officers such as whole-time directors, KMP, directors, etc. shall be liable to any penalty or punishment in case of default committed by the company under the Companies Act, 2013.
SEC 50C A DOUBLE EDGED SWORD Sec 50 C of Income Tax Act was introduced by Finance Act 2002, with effect from 01-04-2003 i,e Assessment Year 2004-05. The main intention for introducing Sec 50 C was to curb the movement of unaccounted elemen
Corporate Governance In todays globalize and interconnected world, investors, creditors and other stakeholders have come to recognize that environmental, social, and governance responsibilities of a company are integral
With the onset of GST, I have been receiving a lot of emails from small business houses complaining that the compliance in GST is too m
Before I begin, I would just like to mention that the reading I mention here is professional reading, not reading as a hobby. I think reading as a professional habit is now virtually non-existent amongst many of us. The reasons vary: from a sheer lac
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English