Some time back, often I use to hear about Globalisation during meetings and personal interviews that, how the World is becoming a smaller place, now I believe that it has indeed became so in the current scenario when it is difficult for any professional or a businessman to work only locally without having or soon to have some kind of business or professional international opportunity.
The Income Tax Act 1961(‘The Act’) as amended by Finance Act 2012 brought specified domestic related party transactions (SDT) within its fold with effect from FY 2012-13 vide section 93BA of the Act and admittedly as with any new legislation, there were very few early adopters. SDT provisions principally have impact in two ways, firstly […]
the FM may not have been able to appreciate the views of the tax payer who funds the country and listened only to the bureaucrats who continue to empower themselves with more weapons of extortion and threat. Hope that in the committee which would look at tax reforms, the professionals of
CA Divyang Gupta Article discusses Corporate Social Responsibility Applicability/ CSR Applicability, Mandatory Expenditure on CSR, Medium of Expenditure on CSR Activity , Activities for CSR Expenditure, Responsibility of Board of Directors related CSR Applicability, Clarification/Other provision w.r.t to expenditure on CSR and Income Tax Deductibility for CSR Expenses. Corporate Social Responsibility With the enactment of […]
Amazing Ways to answer the last Interview question and Get the Job – Do you have any questions? Interview is your final chance to shine before the HR manager decides whether to hire you or not. If you’re doing well, it could seal the deal. And, if you’re not doing so well, it might at […]
Debolina Banerjee Background The regulatory environment concerning the foreign investment in India has been under constant evolution. In recent times the Reserve Bank of India (RBI) has been consistently making endeavors to ensure availability of funds to India Inc.
ARTICLE FOR BOARD MEETING REQUIRED TO BE HELD BEFORE ANNUAL GENERAL MEETING FOR PRIVATE LIMITED COMPANIES. As all of us aware that there are some Resolutions {Mention under Section179(3)} which company required to file with ROC inform MGT-14 within 30 days of passing of resolution. {In my earlier Article mentioned list of Resolution which we require to file with ROC).
Many a times dealers face a situation where due to technical error or clerical mistake while making payment of sales tax, tax is wrongly paid in wrong account i.e. instead of paying under the head of Central sales tax, it is paid under the head State VAT/sales tax.
CS Ankur Garg The concept of non-profit making company is quite old in India. In erstwhile Companies Act, 1956 it was regulated by Section 25 and that is why it was popular as Section 25 Company. However in Companies Act 2013 provisions related to non-profit making company are given in Section 8 read with Rule […]
CS Ankur Garg During the process of unlocking provisions of Companies Act, 2013, I have realized that Section 184 regarding disclosure of concern or interest by the Directorhas invoked considerable controversy for various reasons. In erstwhile Companies Act, 1956, provisions related to disclosure of concern or interest by the Director is given in section 299. […]
