It is submitted by Sri Amitabh Thakur that the conduct rules applicable to Government servant including the All India Services (Conduct) Rules 1968, do not require him to obtain permission of the State Government, to file petition in public interest.
Stock Market Investment is a good method of making money only When you do it with much care and attention. Most people think that stock market is good place to make money. If so all stock traders and stock market investors must become multi millionaires and billionaires. But the reality is not that. When you […]
With the constraint of revising the whole Taxation subject during professional examination time, I would like to present smart, one pager note on VAT for students appearing in professional examinations like CA Final (For May’14), CA IPCC. In IPCC level of examination, VAT comprises of 25 marks whereas in the Final level, it usually ranges between 14 to 16 marks.
Buy-Back of Securities (Unlisted Public Co. and Private Co.) as per Companies Act, 2013 Buy Back of Securities is a very important tool for Companies who wants to reduce their Share Capital. First of all, here are few preliminary notes of Buy Back: Governing Sections of Companies Act: 68 69 70 Specified Security: includes ESOP […]
If you have an open property interest or if you have purchased a property in Haryana or if you a builder / Developer in Haryana, then you might have been aware about few frivolous issues viz, demand notice that the builders are raising on the buyers on account of additional Haryana VAT and recent case […]
Due date for filing 24Q quarterly TDS statement for 4th quarter of FY 2013-14 is approaching fast. You are advised to file TDS statements well before due date (15th May, 2014). It is also requested to refer to Circular 8 of 2013 dated October 10, 2013 in the context of Tax Deduction at Source on […]
Clause 1: Name of Assessee- 1. Give name of the assessee whose accounts are being audited under section 44AB. 2. Incase of audit of a branch, the name of the branch should be stated alongwith the name of the assessee. 3. Incase of proprietary concern, Furnish name of the proprietary firm along with the name of the proprietor.
The assessee contended that the expenditure under the said claims are only for promotion of sales and hence had no relation to payment of any commission on sales. The assessee contended that therefore tax at source is not required to be deducted as the said expenditure did not fell within the ambit of Section 40(a)(ia) of the Income Tax Act.
As far as the expression ‘gratuity’ is concerned, there is no definition of what ‘gratuity’ is, even under the Payment of Gratuity Act; yet, a monetary relief to an employee at the time of his retirement or termination of service is treated as ‘gratuity’.
The Foundation Result is likely to be declared on 16th April 2014 on the following servers: 1. http://examicai.in 2. http://examicmai.org
