The TDS idea was introduced with the intention of collecting tax at the source of revenue itself. Tax filing is a time-consuming process that is subject to unavoidable mistakes.
Every year towards the last quarter of the financial year mostly individual assesse run from pillar to post to make sure they have availed all the options available with them to reduce their tax liability.
Dear friends, Finally, results are declared. Heartiest congratulations to those who did it and got the super awesome prefix to their name and for those who did not this write up are for you. First of all, stop cursing yourself. You have not done a c
Cases Where Depreciation Is Allowed, Though Asset Is Not Owned By The Assessee
Vora Financials Vs ACIT ITAT Mumbai BenchBrief facts of the case: M/s Vora Financials Services Private Limited (assesse) is engaged in the business of trading i...
The article covers the scenario where credit on the unsold stock was restricted under the current tax regime (e.g. credit of Central Excise or Countervailing D
IFRS: IMPACT IN THE ASSET ACCOUNTING CYCLE An asset accounting cycle is akin to our Working capital cycle. It comprises of a purchase or in house production, consumption for business or capital appreciation and final disposal. This article envisag
Private Placement{Section 42 of Companies Act, 2013 with Rule 14 of Companies(Prospectus and Allotment of Securities Rules, 2014)}1. A Company can make Private Placement through issue of Private Placement offer letter (Form PAS-4 as attachment in F
Dear Professional Colleague,CBEC issues guidelines for detailed manual scrutiny of ST-3 Returns w.e.f. August 1, 2015Background:The Central Board of Excise and Customs (�CBEC� or �the Board�) vide Circular No. 113/07/2009-ST d
Section 42 of the Companies Act,2013 and Rule 14 of Companies (Prospectus and Allotment of Securities )rules ,2014 deals with Private Placement."Private placement" means any offer of securit
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English