Service tax legislation has seen a lot many changes from the days it was introduced and has always been evolving to ensure effective revenue collection. A large number of issues tend to be matter of disagreement between the revenue authorities, trad
Chartered Accountancy profession needs every student to have simple introduction to expert concepts and systematic approach in learning the subject by making the most of practical training and theoretical knowledge to successfully qualify in
When you donate money to a charity or NGO, you can get a tax deduction under Section 80G of the Income-tax Act, 1961. This means that you can reduce the amount of tax you have to pay based on the amount you donated.
Petroleum Industry has been more into picture for various issues from the day on which GST was launched robustly. Some of the insights on GST in Petroleum Industry are as follows: Petroleum Products to be part of GST regime, as tabled in 122nd Const
MEANING OF RELATED PARTY TRANSACTIONSSpecified Transaction1. Sale, Purchase or Supply of any goods or materials directly or through appointment of agents2. Selling or otherwise disposing of, or buying property of any kind directly or through appointm
Finance Bill, 2013 has been submitted to Parliament by the Union Finance Minister, Mr.
DEAD WOOD Listed company and Section 112 of the Companies Act, 1956 By CS A Rengarajan and CS Alok Rudra Introduction:: Section112 of the Companies Act, 1956 enables the seller either to sell entire shares to different persons or kee
Arjuna (Fictional Character): Krishna, on this occasion of Diwali festival, if different types of crackers are linked with the provisions of Income Tax then, te...
DOT-COM Companies, Accounting Concepts and Its Practical TreatmentsWith the development of IT industry there is huge scope for growth not in the IT industry but in all other industries too and the growth of E-Commerce has revolutionized
What is Private Equity Private equity is medium to long-term finance provided in return for an equity stake in potentially high growth unquoted companies. The investors' returns are dependent on the growth and profitability of the business. Companies
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