Beforestating anything I have two words to explain aspects and procedures. Now if wewant to do any work perfectly than we should know the aspects and proceduresrelated to that particular work. To be professional in our work we shouldanalyze first wha
POEM � is the buzzword of corporates having subsidiaries outside India and foreign firms outsourcing high end critical functons to India . This concept is introduced to tax in India income which has been earned by foreign corporations managed
Greetings of the day to all the members of CCI Family. Thanks for appreciating my previous 3 parts. I hope that I am able to satisfy the expectations of CCI members. The link to the previous 3 parts are given as under - Journey into
Here is a small tabular summary of the committe of mechanism to be adopted by the companies under Companies Act, 2013 S.No. Committee/Mechanism to be adopted Applicability Constitution Section and Rules applica
The Core Group, constituted by the Ministry of Corporate Affairs for convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS) from April, 2011, that held its meeting on 11th January 2010 agreed that in view
Here are a few tips from the All India Rank Holders who have practiced this diligently and gained success.
In Section 44AD, the assessee has to declare a minimum of 8% of the Gross Turnover or Gross Receipts as their deemed income. However, Section 44AD(1) gives an option to claim more than 8%.
Every assessee liable to pay service tax is to take registration with service tax department. Where assessee has been providing services from multiple premises, it may obtain separate registration for each of the premises or may
What is Track Exit (FTE) Scheme?Fast Track Exit Scheme is introduced by Ministry of Corporate Affairs for giving opportunity to non-operating companies for getting their names struck off from the records of Ministry of Corporat
In this article, we understand why e-faceless assessment is different from the earlier face to face assessment and why we need to fill gaps existing in our offices, if any, to face future challenges.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English