The Madras High Court recently ruled that payment of Interest by the co-operative society to its members would not attract tax deduction at source (TDS) prior to the amendment of such provision.
Aforesaid appeals by the Revenue are against separate orders of learned Commissioner (Appeals)–2, Mumbai, in respect of three different assessees pertaining to assessment years 2008–09, 2010–11 and 2011–12.
Central Government hereby specifies the officer, who may, before institution of any prosecution under Foreign Contribution (Regulation) Act, 2010, compound the specified offences.
What is Time Management? It is a set of principles, practices, skills, tools and systems that helps us to use our time to accomplish what we want.
In this Flash editorial, the author begins by referring the provisions of Indian Accounting Standards (Ind AS) as Companies (Indian Accounting Standards) Rules, 2015 vide Notification dated February 16, 2015 and the applicability of Ind AS for certain class of companies.
MCA has issued Notification on 20th September, 2017 in respect of Numbers of Layers of Investment in Subsidiaries of Company. These rules called as Companies (Restriction on number of layers) Rules, 2017. In such notification MCA mentioned about which company shall be include or not in term two Layers. What are the compliances required to be done by Company in respect of Subsidiaries. What are the consequences of non compliances of same?
I am Akash Srivatsan R, a practicing CA, and residing at No 57/58, Ground Floor, Shreyas Apartments, 10 Cross, TP Venugopal Layout, Hebbal, Bengaluru – 560024, Karnataka. This article is prepared with an objective to inform non-GST technical persons in industry / businesses on the refund methodologies under GST law and optimum method they may adopt for their business, based on conditions specified therein.
Background: Before enactment of Companies Act, 2013 Corporate Social Responsibility (CSR) expenditure is at the discretion of the corporate however after enactment of Section 135 of Companies Act 2013 such expenditure is made mandatory for certain corporate (Criteria given below).
Various mails have been received from field offices reporting the rejection of DLCs due to incorrect Aadhaar number seeded against PPOs through DLC registration of the pensioners. After examining the issue, a new functionality Rectify Mismatch Aadhaar number has been provided in the application software. The scenario of the case is explained below
Whether educational courses offered by the Applicant which have been approved by National Skill Development Corporation would be construed as in relation to National Skill Development Programme implemented by NSDC?
