If ATM machine can be considered as a computer then why mobile phones and iPad? Considering change in technology, Mobile Phones should be considered as part of Computer and higher rate of Depreciation should be available to them.
The Court rejected that the contention as to the CG having no authority to bring into force the provisions of the Code and in particular for the personal guarantors to corporate debtors.
The FIR against the ex-director of IL&FS was quashed as when SFIO was probing the case, no other investigative agency was empowered to investigate into the affairs of IL & FS and its subsidiary companies for any offences under the Companies Act but the same did not allow a clean chit to assessee herein, as persons who was beyond a pale of doubt.
e-Filing portal of the Income Tax Department – updates The e-Filing portal of the Income Tax Department (www.incometax.gov.in) was launched on 7th June, 2021. Taxpayers and professionals have reported glitches and difficulties in the portal since then. The Ministry of Finance has been regularly monitoring the resolution of issues with Infosys Ltd which is the Managed […]
Cabinet approves Memorandum of Understanding between The Institute of Chartered Accountants of India (ICAI) and The Chamber of Auditors of the Republic of Azerbaijan (CAAR) The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the for signing Memorandum of Understanding between The Institute of Chartered Accountants of India (ICAI) & The Chamber […]
A company may change its name due to many reasons such as change in objects of company, change in management of company, rebranding, restructuring, etc., the name of a private company can be changed at any time subject to the approval of shareholders and Central Government power delegated to Registrar of Companies via MCA Notification […]
ICSI informed that submission of Examination Enrollment request for December 2021 Session will commence only after declaration of Result of June 2021 Exam Session held during 10th to 20th August 2021. The Enrollment process for December 2021 Exam Session will be active at least 15 days from the date of announcement of June 2021 Exam Result.
BACKGROUND: The Limited Liability Partnership (LLPs) is an alternative corporate business vehicle that provides the benefits of limited liability but allows its members the flexibility of organizing their internal structure as a partnership based on a mutually arrived agreement. In order to provide greater ease of doing business in India to law abiding LLPs, […]
Query: Seller is located in India, he wants to sell his designs on online platforms, located outside India, which manufacture and deliver the goods as per the designs as selected by the customer through online mode. The platforms collect the money from the customers for the goods sold, retains the value of material, other manufacturing […]
Taxation regimes (direct or indirect) duly recognize the concept of search and seizure as a legal mechanism to avoid tax evasion and to protect the interest of legitimate taxpayers. Any officer so authorized under a taxing statute may search a premise and seize such goods, tax on which he believes has not been paid. The […]
