Popular Articles

International Business

CA Gyati Gupta 06 October 2014 at 11:10

We all are aware , what is international business, a term of routine affair, but there are many facts which are yet to be unfold. I have been researching on international business for long, and it is the matter of fact that when you read between the

Tax liability on last sale proceeding sale to SEZ area

Devinder Jain 17 November 2010 at 11:57

TAX LIABILITY ON LAST SALE PRCEEDING SALE TO SEZ AREA. LAST SALE PRECEEDING SALE TO SEZ AREA. IS EXEMPT UNDER SECTION 5(3) OF THE CENTRAL SALES TAX ACT, 1956. RELEVANT PROVISONS: Provisions of the Central Sales Tax Act, 1956: Section 5(3):

100 amendments of Co. Act, 2013 - Part 3

CA Neha Bhuwania 07 May 2014 at 12:03

Click Here to read the 1st part of the articleClick Here to read the 2nd part of the article Amendment 32: Section 92 [Annual Return] The Annual Return of the Companies shall now require additional information to be included. Particulars like details

Taxation of hypothetical Income

Dilip K Raina 02 September 2019 at 10:59

In simple words Income tax is levied on income which has been received or has accrued. Income is said to be accrued when it becomes due, but it must also be accompanied by corresponding liability of the other party to pay the amount. Only then an income will be said to have accrued and is not a hypothetical income.

MAT: Retrospective tax is back?

Karan Sahi 15 May 2015 at 10:55

IntroductionThere exists proverb in English �Once bitten, twice shy�. This proverb doesn�t hold well in case of Indian tax system. After facing the Backlash from the international investors in case of Vodafone retrospective case whi

Income tax planning for a land developer

CA Atul Singhal 05 February 2019 at 10:56

TAX PLANNING FOR A LAND DEVELOPERThere is no specific exemption is available in Income Tax Law to non-individual assesses to save tax on Gain on Sale of Immovab..

Oligopoly of the Big 4s

Sushil krishnan 22 September 2014 at 11:36

Since at least the 1980s the audit market has functioned as an Oligopoly with few large firms providing the auditing services to the majority of large companies. The past three decades have seen a steady tightening of the oligop

A Briefing Of Labor Law

Rahul Poddar 10 March 2011 at 11:04

The basic principle of labor laws is to protect the interest of the employees by saving them from exploitation and harassment on the one hand and providing enough leverage and stick of good governance to employers so as to have conductive work cul

Compound levy on SS Patta/Patti units: Controversy continues

Pradeep Jain 30 June 2010 at 12:49

Compound levy on SS Patta/Patti units: Controversy continues Prepared By: CA Pradeep Jain, Sukhvinder Kaur, LLB [FYIC] Introduction: The issue involved in this piece was dealt by us in an earlier article titled “Controversy on Educati

Income Tax Refund Status

CA Praveen Chopra 21 February 2008 at 09:23

Income Tax Refunds Status on Website[Submitted by CA. Praveen Chopra,B.COM.,ACA,GANDHIDHAM]February 20, 2008As per Press reports -The Income Tax Department (Mumbai region) has put on its website the list of income tax refunds for assessment years 200