Recently CBDT has initiated Process of Validating Contact Details of Assessee and in the process it requires each assessee to furnish his/her Mobile Number and E-mail ID with an condition that a Mobile and Email Id can be used by not more than 4 assessee.
Audit of TDS returns A major portion of the revenue by way of income-tax is recovered through deduction of tax at source. For furnishing the information required under revised clause 27 of Form No.3CD, an in-depth verification of the TDS returns is necessary.
Discover ICAIs suggestions for improving the income tax refund process. Find out how to address difficulties in obtaining old paper refunds.
CA Sandeep Kanoi As reported by us in our post dated 18.06.2014 titled ‘Union Budget on 10th July 2014, Rail Budget on 8th July 2014’ government has announced yesterday (23.06.2014) dates of Rail Budget, Union Budget, Release of Economic Survey and Budget Session. The whole schedule of the budget process is the same as reported […]
Presumably, the case of the assessee was that price offered by the buyer was the highest prevailing price in the market. If this is his case then it is difficult to accept the proposition that the assessee had accepted that the price fixed by the District Sub Registrar was the fair market value
Central Government hereby, in public interest, directs that the provisions of sections 43, 47, Clause (a) and (b) of sub-section (1) and sub-section (2) of section 62, 73, 101 to 107, 109, clause (g) of sub-section (3) of section 141, 160, 162, sub-sections (4) and (5) of section 196, section 180, section185, section 188, subsection (3) of section 203 of the Companies Act, 2013 shall apply to a private Company with the modifications set out below, a copy of this notification having been laid in draft before both Houses of Parliament as required by sub-section (2) of section 462 of the said Act, namely:-
Hello everyone thanks for the appreciation for my last article why AS 22 is applied, coming with another article application of AS-22 on AS -19 “leases”. I am writing this article to discuss with you all how AS- 22 deferred taxes is applied on AS-19
1. (1) These rules may be called the Companies (Management and Administration) Amendment Rules, 2014. (2) They shall come into force on the date of their publication in the Official Gazette.
Health insurance is probably the biggest stress-reliever when medical emergencies arise. Apart from your regular investments, having health insurance is most vital asset in anyone’s life. Yes, health insurance is not just an investment but an asset. Here are a few indicators that might change your mind.
This article examines the inter relationship between Transfer Pricing, Entity’s Tax and Financial Reporting. Due to increasing transfer pricing scrutiny, it is being considered as the most risky area for multinational entities from both compliance and tax planning perspective.
