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Archive: May, 2015

Posts in May, 2015

SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2015

May 5, 2015 1952 Views 0 comment Print

These regulations may be called the SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2015. 2. They shall come into force on the date of their publication in the Official Gazette.

Effective Representation before ITAT – None receipt of Nominations

May 5, 2015 1177 Views 0 comment Print

I am directed to invite your kind attention to this office letter of even number dated 22.4.2015 calling nominations for the aforesaid training programme to be held at NADT on 14th and 15th May, 2015. The same has also been uploaded on irsofficeronline website. This office is yet to receive nominations from your Charge. The same may kindly be sent on priority so as to enable us to make logistics arrangements related to the programme.

Procedure for Changes in Particulars of Name/ Address or Other Details of Directors

May 5, 2015 113881 Views 7 comments Print

Every individual intending to be appointed as director of a company shall make an application for allotment of Director Identification Number to the Central Government in such form and manner and along with such fees as may be prescribed. (Section 153 of Companies Act, 2013)

Short guide on Legal issues involved with NGOs in India

May 4, 2015 10510 Views 0 comment Print

NGO’s or charity work in India can be carried out by various methods/forms of business, such as a Trust/ A society or by a Non-Profit Company. Coming to the point of why the Government cancelled these licenses. What I have gathered is because:

Help in Nepal & Get tax Benefits in India

May 4, 2015 7791 Views 0 comment Print

Krishna, The whole world has trembled due to the earthquake in Nepal. Due to this earthquake Nepal has suffered terrible financial losses. To come out of this disaster at every level everyone is contributing something or the other. If Indian Citizens help Nepal from India in any manner then will they get any benefits in Income Tax?

Tax Planning- Income From House Property

May 4, 2015 18019 Views 1 comment Print

1. How is income to be computed, if a property is partly let out and partly self-occupied? Answer. It has to be treated as two residential units and income from each unit has to be computed according to law by allocating common outgoings on a basis proportionate to area of occupation.

Tax Equalisation and Hypo tax in International Assignments

May 4, 2015 8156 Views 2 comments Print

Globalization has transformed the commercial system in the present world and in the transformation introduced new concepts, ‘Tax Equalisation’ being one of them. When an employee based out of one country (‘home country’) is deputed to another country (‘host country’)

Be Cautious: Professional Indemnity Insurance is Must after Companies Act 2013

May 4, 2015 13975 Views 0 comment Print

Professional Indemnity Insurance provides essential financial protection for a wide range of professional adviser’s. In the event any one suffers financial loss as a result of alleged neglect, error or oversight, professional indemnity insurance will meet the cost of defending claims and any damage payable.

New Leadership Challenges- Strategic Management Solutions

May 4, 2015 1024 Views 0 comment Print

Discover how new leadership challenges are impacting strategic management. Find solutions to navigate the ever-changing business landscape.

All about IFSC or Indian Financial System Code

May 4, 2015 8601 Views 2 comments Print

IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system. This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch. The 5th character is 0 (zero). IFSC is used by the NEFT […]

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