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Archive: 03 October 2015

Posts in 03 October 2015

SARFAESI ACT: Is it an Infringement in to Human and Constitutional Rights?

October 3, 2015 2065 Views 0 comment Print

The purpose of law is to ensure the dignity of human beings and to enable them to lead a decent life as free citizen having their human rights and constitutional rights protected and upholding the principles of natural justice. But the way the SARFAESI Act is interpreted and implemented by the secured creditor, authorised officer and the presiding officer of DRT and even by some of the High Court and Supreme Court judges make one believe whether the Act is an infringement into the human rights and constitutional rights of the citizens.

I.F.R.S (International Financial Reporting Standards)

October 3, 2015 7276 Views 0 comment Print

The IFRS is designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. IFRS is particularly important for companies that have dealing in several companies.

Social Media and Extension of Due Date- Do they played any role?

October 3, 2015 3885 Views 0 comment Print

CA Sandeep Kanoi Social Media is a term which is very frequently used nowadays and been considered as a powerful weapon, which has the capacity to bring changes. In this Article I have discussed in a brief about Social Media and its role in extension of Due Date of Income Tax Returns from 31.10.2015 in […]

Bombay HC criticises CBDT move of extending of ITR due date for only two states & one Union territory

October 3, 2015 2085 Views 0 comment Print

It was argued that the above decisions were accepted by CBDT and the due date was extended in the respective territories of the High Court’s jurisdiction. Hon’ble HC after considering the above two judgments held that held that it is very unfair that benefit regarding an all India statute is restricting its benefit to only two states and one Union territory.

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