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Archive: December, 2018

Posts in December, 2018

Shares trading /investments, F&O trading – taxation

December 20, 2018 7503 Views 0 comment Print

Shares trading /investments, F&O trading – taxation for FY 2018-19 or AY 2019-20 for Individual and HUFs Return form:-   ITR-1 SAHAJ- Individual (salary / one house property/other source) ITR-2– Individual /HUF (where there is no income from business or profession). I.e. person having short term /long term capital gain need to file this ITR ITR-3– […]

10 Agencies authorised by government to snoop on any computer

December 20, 2018 1422 Views 0 comment Print

Competent Authority hereby authorises the following Security and Intelligence Agencies for the purposes of interception. monitoring and decryption of any information generated. transmitted, received or stored in any computer resource under the said Act, namely:—

Peer to Peer (P2P) lending: A new (viable) investment opportunity?

December 20, 2018 2097 Views 3 comments Print

Greater success of any invention lies in an idea which had paved the way for such invention. We have been always appreciating and enjoying, whenever there comes an idea out of nowhere and takes the world by storm and creates a huge business opportunity for the world, let it be an idea of introducing an online market to the 1.2 billion population or thinking of the concept of Peer to Peer(P2P) lending.

जीएसटी: अब जीएसटी कौंसिल से ही उम्मीद है

December 20, 2018 26682 Views 19 comments Print

जीएसटी कौंसिल की 31वीं मीटिंग 22 दिसंबर 2018 अर्थात इससे सप्ताह में होनी है और इस समय जीएसटी जिस हालात से गुजर रहा है ,आप समझ सकते हैं कि यह मीटिंग बहुत ही अधिक महत्वपूर्ण हो गई है क्यों कि हमने अपने पहले लेख में आपको बताया था कि जीएसटी में ना सिर्फ बहुत अधिक सुधार की गंजाइश है बल्कि अब यह जीएसटी के अस्तित्व के लिए अनिवार्य भी है .

CPA Cover For Vehicle Owners Increased; What It Means For You?

December 19, 2018 21006 Views 0 comment Print

Understanding CPA in motor insurance: what it means, how it increases premiums, and the benefits of higher coverage for vehicle owners.

Applicability of IBC proceedings in Struck off Companies

December 19, 2018 5262 Views 2 comments Print

Can Corporate Insolvency Resolution Process be initiated against a company which has been struck off under Section 248 of the Companies Act, 2013?

Ind AS Technical Facilitation Group Clarification Bulletin 17

December 19, 2018 4440 Views 0 comment Print

Ind AS 20, Accounting for Government Grants and Disclosure of Government Assistance, has recently been amended in certain respects and consequential amendments have been made to certain other Ind ASs vide notification dated 20th September, 2018 (‘the notification’) issued by the Ministry of Corporate Affairs, Government of India.

Draft Agenda of First Audit Committee & Board committee Meeting for every Financial Year including Directors Disclosures

December 19, 2018 39054 Views 0 comment Print

Draft Agenda of First Audit Committee & Board committee Meeting for every Financial Year including Directors Disclosures Draft AGENDA (For Audit Meeting) Agenda for the 1st Meeting for FY 201…………….. of Audit Committee of ……………………………….. (name of the co.)  Limited to be held on ………….(day), …….thday of……..(month) ….(year) at ………am/pm at ……………..(venue of meeting) , […]

CPA Cover For Vehicle Owners Increased; What It Means For You?

December 19, 2018 13791 Views 0 comment Print

Understanding the new CPA mandate for vehicle owners in India. Learn about the increased insurance coverage and higher premiums.

Section 54F benefit allowable in case of part performance of contract

December 19, 2018 4383 Views 0 comment Print

section 2(47) laid down that transfer would include a transaction allowing possession of an immovable property in part performance of a contract of a nature referred to in Section 53A of the transfer of Property Act. In the case on hand, part performance of a contract had taken place and possession had been handed over. Thus, the claim of exemption was to be accepted as assessee had only one house property as on the date of sale of the plots of land giving rise to long-term capital gain.

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