CA Varun Jajoo With the introduction of the revamped Companies Act, changes have been brought about in quite a few areas in comparison to the erstwhile Companies Act, 1956. Amongst those, depreciation is a key area which needs to be looked into. 1. What has changed Schedule XIV of the Companies Act, 1956 (‘the Old […]
CA Pratik Arora The Companies Act, 2013 has introduced many new reporting requirements for the statutory auditors of companies. One of these requirements is given under the sub-section 12 of Section 143 of the Companies Act, 2013 which requires the statutory auditors to report to the Central Government about the fraud/suspected fraud committed against the […]
My son has started learning soccer and when he went for his first class we went along with him. It was a good Sunday morning with nice cool breeze and bright sunshine. A perfect weekend day to start with a sport. After he started playing with his coach, my wife and me started to walk […]
Madhukar B. Thakoor vs. ITAT (Bombay High Court)- Hon’ble Supreme Court cautioned the Presiding Officer of the Courts and Tribunals from adversely commenting and remarking on the conduct of parties or their representatives or pleaders.
THREE YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS. ONE LAKH TO THEN SUPERINTENDENT OF CENTRAL EXCISE IN DISPROPORTIONATE ASSETS CASE The Special Judge for CBI Cases, Madurai (Tamil Nadu) has convicted Shri S.X.Jayaraj, then Superintendent of Central Excise, Trichy in a disproportionate assets case and sentenced him to undergo three years Rigorous Imprisonment with fine […]
In view of the natural calamity in Nepal, CA examinations scheduled to be held from 2nd to 17th May, 2015 at Kathmandu centres only have been postponed. Revised schedule for the exams at Kathmandu centres will be announced shortly and will be hosted on www.icai.org.
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval toincrease import duty on sugar from 25 percent to 40 percent. In order improve the price sentiments relating to sugar, the Government has decided to take the following steps: 1) The duty on import of sugar under the Open General […]
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for moving of the following Official Amendments in the Companies (Amendment) Bill, 2014 :-
Some Important Case Laws From INCOME FROM SALARIES :- 1. Whether the amount received by the employee on cessation of employment with his Employer will be exempted from tax under section 17(3)(i) of the Income-tax Act?
In exercise of the powers conferred by sub-section (1) of Section 67 of the Limited Liability Partnership Act, 2008 (6 of 2009), the Central Government hereby directs that the provisions of section 458 of the Companies Act, 2013 (18 of 2013), [except proviso to subsection (1)] shall apply to a limited liability partnership from the date of publication of this notification in the Official Gazette.
