Discussing tax treatment of cash credit, unexplained investments, unexplained money, amount of investments not fully disclosed in books of accounts, unexplained expenditure and amount borrowed on hundi in cash.
OTC Forwards and Options In Practice Foreign Exchange Management involves a combination of hedging as well as profit making at the opportune time (subject to permission by regulator). Unless a country has pegged the domestic currency in te
Challenges make you perfect Introduction: In our life we need to face several challenges in every day. When ever we are facing challenges most of us we thinking about the trouble arising from the challenges and worried about the problem come out
Please read the below provisions to know the importance of this undertakingSec16 states Conditions and eligibility for availing Input Tax Credit:As per the prov..
POEM is an abbreviation for "Place Of Effective Management" that plays a decisive role in determining the tax residency of a company.The Finance Bill 2015 has decided to move the goalpost and proposed an alteration in the definition of resi
One of the important documents for verification while Tax filing is the Summary statement of AIS. The Annual Information Statement (AIS), launched last year, is a comprehensive statement containing details of 46 of the financial transactions like Income, Investment, Expenditure happened in a particular Financial Year.
Meet Shikha Jain - CA Final Nov 2022 (AIR 2) who grew up in Indore city of Madhya Pradesh with her elder sister Disha Jain who is also a CA and her source of inspiration in her preparation journey.
Ministry of Corporate Affairs vide its latest General Circular No.59/2011 has introduced a Company Law Settlement Scheme 2011 ( hereinafter referred as CLSS 2011) to regularize the belated filings of the documents with the Ministry of Corporate Affa
The CGST Amendment Act introduced Suspension of Registration by inserting a proviso to Section 29 (2) of the CGST Act, 2017 effective from 01.02.2019. Let us understand why taxpayers must beware of this.
Reporting Under Cost Audit aligned with Eight Digit Central Excise Tariff Code for Manufacturing Sector From 2014-15India is a country which introduced the concept of Cost Audits for the corporates. Till 2011, the cost audit report formats were neve
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English