Companies would soon be able to file stamp papers electronically with the ministry of corporate affairs, a senior official said today. "Companies are now filing their papers online, with the exception of stamp papers. But we are working on this as we
TheInstitute of Chartered Accountants of India (ICAI) is contemplating thesetting up of 12 centres of excellence for chartered accountants (CAs)across the country within two years. The centres would enhance the capability, quality and p
A client pays his senior employees a quarterly bonus, a fixed sum, revised once a year. Since, this is given to all senior executives, this is taxed at 30 per cent plus SC plus cess in the hands of the employees. These employees request that the comp
A large number of Indian companies have set up offices outside India. The profits or losses of such offices are liable to be taxed in the foreign country. But how such profits or losses should be treated in India is a vexed question. A recent judgmen
Computing the income chargeable to tax as per the provisions of the Income-Tax Act, 1961 is the first step in tax compliance. The natural sequence thereafter would be filing the return of income and awaiting approval of the tax authorities in respect
The Central Board of Direct Taxes (CBDT) has clarified that lending and borrowing of shares for short selling in equities will not attract capital gains tax. With this clarification one of the important hurdles in the way of permitting short selling
Q 1 - UCN -Not Allotted I have been allotted a Unique Code Number ( UCN) but, when I download the application, UCN field is appearing with the words 'NOT ALLOTTED'. What do I need to do ? Ans The Applicant needs to fi
The Insurance Regulatory and Development Authority of India (IRDA) has banned unit-linked insurance plans (ULIPs) in which charges are based on a complex structure, making it difficult for policyholders to comprehend. Such products in insurance parla
The Reserve Bank is considering the use of long-lasting and more durable plastics for printing currency notes, to replace paper notes that have a shorter life. "The bank is deliberating upon the option of bringing in plastic currency which can be a m
The Income Tax Department has moved the Supreme Court against the ruling by a quasi-judicial body which held that foreign firms are not liable to pay tax on assignment amount charged from their Indian subsidiaries if contracts are signed outside the
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
