Cases, where the tax deducted is between Rs.25,000 and Rs. 1,00,000 and the same is not deposited by the due date prescribed under the Income Tax Act, 1961 read with the Income Tax Rules, 1962 may be processed for prosecution depending
Q. Tell me something about yourself that I didn’t know from reading your resume. Don’t just repeat what’s on your resume. Think of a talent or skill that didn’t quite fit into your employment history, but that’s unique and reveals something intriguing about your personality or past experience.
The new concept of having Independent Director is a welcome step for corporate governance in India. The Act, 2013 has conferred greater empowerment upon Independent Director’s to ensure that the management & affairs of a company is being run fairly and smoothly.
1. The reference of financials is as per last audited financial statements. 2. Proposal needs previous approval of Audit Committee. 3. Thereafter proposal needs previous approval of Board Meeting in terms of approval of Audit Committee.
A Permanent Account Number (PAN) is one of the most important documents in the country today. It is an identification number which the Income Tax Department gives to all taxpayers. You need to quote the PAN for all financial transactions like opening a bank account, buying a property of a car, buying or selling shares or mutual funds, applying for a visa/passport, making payment of income tax or filing your tax return, applying for a bank loan, etc.
Under TNVAT Act, 2006 there are two options available for the dealer in case of export sales to claim the ITC for which the dealer has paid VAT on his purchases for the raw materials, packing materials and other inputs used as laid down under Section 18 (3) of the TNVAT Act.
