IntroductionSection 42 of the Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 contains provisions of...
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As per provision under Companies Act, 2013, Chapter III, Part II of the Act, 2013 deals exclusively with private placements. Section 42 of the Act, 2013 defines...
What is working Capital? Every business needs funds for two purposes- for its establishment and to carry out its day to day operations. Long term funds are required to create production facilities through purchase of fixed assets such as plant and m
1. Introduction The perfect world does not requires or concentrates about current assets or current liabilities because there would not be uncertainty, no transaction costs, information search costs, scheduling costs or production and technol
WINDING UP- PROCEDURE UNDER COMPANIES ACT, 1956 Winding up is the process by which the normal activities of the
WHY BECOME A CHARTERED ACCOUNTANT?- BY SUYASH KORDE Why sit counting somebody’s money when you can make stockpiles of money on your own by doing your Family Business? Why not make money just by doing a MBA course by taking up a job i
Presumptive Taxation Taxation is the most essential wing of the government’s revenue. It contributes a bulky amount to the government to meet the social and economic need of the nation. When collecting tax from the public the government tr
PRESUMPTIVE TAXATION Presumptive taxation involves lump sum levies on certain small-scale business activities to whom Section 44AB is not applicable. Thus Sections 44AD, 44AE and 44AF of the Income-tax Act, 1961, provide for estimating the income
Notification New Delhi, the 1st March, 2011 No. 18/2011 Service Tax as amended by Notification No. 25/2011, No. 41/2011, No. 4/2012 and No. 37/2012. G.S.R. (E).- In exercise of the powers conferred under clause (a) and clause (hhh) of subs
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