Issued by Ministry of Corporate Affairs in consultation with the National Financial Reporting Authority On 24th July, 2020 the Ministry of Corporate Affair (MCA) vide notification dated 24th July, 2020 has exercised the powers conferred by section 133 read with section 469 of the Companies Act, 2013, the Central Government, in consultation with the National […]
Everybody wants to be famous, but nobody wants to do the work. You grind hard so you can play hard. At the end of the day, you put all the work in, and eventually it will pay off. It could be in a year, it could be in thirty years. Eventually, your hardwork will pay off.
Postponement of Deadline Fine Income Returns Till September 30 Instead of July 31,2020! 1. Introduction: The Central Board of Direct Taxes has once again, relieved the taxpayers from going into an unnecessary hassle for submitting their ITR returns and saving them from paying penal charges unnecessarily. On July 29, the CBDT has formally extended the date to […]
Before understanding the obligations of Inventory E-commerce Entities under New e-commerce Policy , we need to know the definition of ‘Inventory e-commerce entity’. As per the Consumer Protection (E-Commerce) Rules, 2020 ‘inventory e-commerce entity’ means an e-commerce entity which owns the inventory of goods or services and sells such goods or services directly to the […]
New Pension Scheme Everyone has a retirement plan for travel, leisure, meeting daily expenses, only one can enjoy retirement if one has available funds. Retirement is the condition when there is no active income, unlike developed countries, there is no Government support. With increasing, medical advancement life expectancy after retirement is about 25-30 years. It […]
Deoyani Movies Pvt. Ltd. Vs ITO (ITAT Pune) No Penalty can be Levied on Cash Deposits if Assessee Explained its Source from Earlier Withdrawal and Recorded in Books of Accounts Simply because cash deposited in the bank is a little more than the cash sales, it cannot call for any addition, what to talk of […]
From 1st August, 2020 some rules are getting change. The changes may affect our life. The new rule will be implemented after replacing old one. These changes include the rate of contribution in EPF, change in insurance, interest rate rules on bank accounts. EPF will be deducted @ 12% The Finance Minister announced that monthly […]
Recently the MCA issued notification dated 24/07/2020 wherein a number of amendments are introduced in IndAS 103, 107, 109, 116, 7, 8, 10, 34 and 37. We will be here discussing the amendments brought in IndAS 103. It is worthy to note that the changes are in line with changes introduced by IASB in IFRS […]
1. Principal of the Policy a. To develop good human beings capable of rational thought and action, possessing compassion and empathy, courage and resilience, scientific temper and creative, imagination, with sound ethical moorings and values. b. It aims at producing engaged, productive, and contributing citizens for building an equitable, inclusive, and plural society as envisaged […]
Cross-examination can make or destroy a case. It is the keystone to a successful trial. Because of the dramatic possibilities inherent in cross-examination, it has become the favourite courtroom device to be exploited by the cinema and television. But what actually the cross-examination is. In this article we can learn about Cross-Examination, Principles of Cross-Examination […]
