There are certain tax exemptions and benefits available to Charitable Institutions in India. These exemptions and benefits are dealt in sections 12A/12AA and 80G of the Income Tax Act,1961.
To claim a deduction in any year, it is necessary to invest in that year. Due to COVID Pandemic, Govt. has extended the date to 31.07.2020 for the financial year 2019-2020 to make an investment for deduction under chapter VI-A and section 54 to section 54GB.
Understand money laundering: its definition, the three stages (placement, layering, integration), its global impact, and prevention measures in India.
Increasing inflation, shift to nuclear families, and the fast track change in life style patterns throw a financial challenge which can be addressed only by life insurance. Your financial plan needs to be in sync with your life stage and the requi
Meaning of 'Foreign Institutional Investor - FII'The term is used most commonly in India to refer to outside companies investing in the financial markets of India. International institutional investors must register with the Securities and
Ind AS 20 is applicable where there is reasonable assurance that grants will be received, and the entity will comply with the conditions attached to the receipt of the government grant.
Background:The Companies which are not carrying on business activities or operations for more than a year they can opt for Fast Track Exit mode from the records of the Registrar of Companies. Fast Track Exit mode for defunct companies u/s 56
Commitment towards success Friends do you remember that Rabbit Vs Turtle story which we learn in our lower class, let me once again tell this story to you. The Rabbit and the Turtle: One day a rabbit was bo
To avail the "Authorize/Register as Representative" service on the e-Filing portal, you need to meet the following prerequisites
Kind Attention: Students of CA (Final) appe
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English