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Highlights of 98 Sections of Companies Act, 2013

CS DHANAPAL 05 December 2013 at 10:49

An analysis of the important Sections! The Ministry of Corporate Affairs has notified 98 sections of the new Companies Act, 2013. These sections have come into effect from 12th September 2013. Subsequent to coming into effect of these Sections under

Re-assessment Provisions under Income tax Act,1961

shina kampani 15 July 2013 at 12:06

Re-assessment Provisions under the Income Tax, 1961 Re-assessment is assessing the income of the assessee that is already being assessed once and also any other income which comes to the notice of the AO subsequently during the Re-assessment proceed

Concept of Advance tax

CMA Ramesh Krishnan 08 August 2011 at 12:10

Concept of Advance tax Introduction: According to sections 208 of the Income tax Act 1961, tax shall payab

Renting of Immovable Property Service

Madhukar N Hiregange 31 January 2011 at 10:38

Renting of Immovable Property Service By Madhukar N Hiregange FCA Albert Einstein - Nothing is more destructive of respect for the government and the law of the land than passing laws, which cannot be

CAPITAL GAINS UNDER INCOME TAX ACT 1961

Amit Bajaj 27 March 2010 at 12:53

Any Income derived from a Capital asset movable or immovable is taxable under the head Capital Gains under Income Tax Act 1961. The Capital Gains have been divided in two parts under Income Tax Act 1961. One is short term capital gain and other is l

Taxation of gifts to NRIs and changes in Budget 2023-24

FCS Deepak Pratap Singh 10 February 2023 at 09:51

The Budget 2023 has also not disturbed taxation regime of NRIs except some provisions have been changed. The Shares generally issued to NRIs are of higher value and issuer's explanation to valuation is not satisfactory and hence the excess value above FMV will be taxable and any property gifted to NORI above Rs. 50000/- is chargeable to tax in India.