In a latest development, Delhi Police Cyber Crime Cell has arrested 12 persons including 3 HDFC Bank employees for fraudulently attempting to siphon money out of a dormant account belonging to an NRI.
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.
Section 8 companies obtain their incorporation certificate from the Central Government and are liable to carry on according to rules stated by the government.
Section 44AD is applicable to any business except those eligible for Section 44AE. Section 44ADA is applicable to all professions referred in Section 44AA. Section 44AE is applicable to businesses engaged in plying, hiring or leasing goods carriages.
A Candlestick is a pictorial depiction of the price of a stock. It displays the high, low, open and closing prices of a stock. When read collectively, they help to identify patterns and predict future prices.
We might clear exams by focusing only on securing marks, but it will be too late to realize the importance of knowledge and paying a price for that post qualification is definitely not wise.
A house property could be your home, an office, a shop, a building or some land attached to the building like a parking lot. All of these are taxed under the head ‘Income from House Property’ in an ITR.
If a person has opted for a presumptive scheme of taxation u/s 44AD in any one year then they have to remain in the umbrella of section 44AD for the next 5 years.
Clubbing of Income as the term suggests, means adding the income of another person to the income of the person who is paying the tax. This term is explained under Section 64 of the Income Tax Act.
We all have seen a plethora of talk shows these days. Right from celebrities to entrepreneurs and even these days even exam-toppers. However, what exactly is the culture of these talk shows?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English