Join our free webinar on July 4th at 4:00 PM to gain insights into the dematerialization of securities and recent amendments. Register now for key updates.
Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.
Certification of Documents to be filed with MCA needs extra caution by Professionals which may effect of increase in Certification costs.
Corporate fraud is a major problem that is increasing both in its frequency and severity. Research evidence has shown that growing number of frauds have undermined the integrity of financial reports, contributed to substantial economic losses, and eroded investors’ confidence regarding the usefulness and reliability of financial statements. The increasing rate of white-collar crimes demands […]
According to section 35F of Central Excise Act, 1944 which applies to service tax also, a person desirous of appealing against the order shall, pending the appeal, deposit the duty demanded or penalty levied. It may be noted that right to appeal is neither an absolute right nor an ingredient of natural justice.
Notice via email also- MM/JM should adopt a pragmatic and realistic approach while issuing summons. Summons must be properly addressed and sent by post as well as by e-mail address got from the complainant.
To facilitate improved TDS administration, CPC(TDS) starts the feature of “Aggregated TDS Compliance” at PAN level for all TANs associated with the referenced PAN. Following are additional details related to the new feature.
CS M. Kurthalanathan Filing of e-forms with ROC for formation/Incorporation of Private Company SN e-form Description Details required Attachment(s) to e-form 1 Form DIR-3 Application for allotment of Director Identification Number Photograph (latest Passport Size in JPG format) Identity Proof Indian Nationals Foreign Nationals PAN Card Passport Residence Proof v Ration card, v Driving […]
What types of specified transactions are covered under the Section? Ans. Section 186 covers 3 types of specified transactions entered into by a company directly or indirectly: a) Loans to any person or other body corporate; b) Guarantee or security given in connection with a loan to any other body corporate or person; and c) Acquisition by way of subscription, purchase or otherwise, the securities of any other body corporate.
Wouldn’t life be much simpler if you could store all your insurance policies in one place electronically and manage it online? Working professionals know how cumbersome it gets at the time of filing income tax returns when one has to search and sift through numerous pages of various insurance policies tucked away “safely” in some […]
VAT not leviable on portion which attracts service tax; NO VAT on ST portion of Restaurant bill When Service tax leviable on 40% of the Restaurant bill , VAT not leviable on the portion which attracts service tax: An Analysis of Land mark Judgment of Uttarakhand High Court which addressed crucial issue of double taxation […]
Manoj Sethia, FCA, ACS, ACMA There has been much confusion about applicability of section 185 and regarding Lending, giving of guarantee, making investment by companies in the light of section 185 and 186 of the Companies Act, 2013. Sub-section (1) of section 185 starts with “Save as otherwise provided in this Act”
