Hon’ble Tribunal (SB) held in case of Merilyn Shipping & Transports and Hon’ble Allahabad High Court in case of Vector Shipping Services (P) Ltd. held that disallowance under Section 40(a)(ia) shall be made for the amount payable at the end of the year and not to the amount paid during the year.
CS Ankur Garg This Article contains the procedure for change in Object clause of the Company under Companies Act, 2013 with detailed documentation required.I hope this document would be of some help w.r.t. your professional working: Procedure for change in Object clause of the Company involves alteration in the Memorandum of Association (hereinafter referred to as […]
An Entrepreneur is an individual who chooses to go into business by himself. Often entrepreneur decide to stay a One Person to keep decisions and quality of work under control. The global changes given a chance to an individual to participate into economic activity and these activities may take place through the creation of an economic person by the company law.
Applications are invited from Partnership firms of Chartered Accountants (situated in Telangana & Andhra Pradesh) for carrying out Concurrent Audit on full time, contractual basis (renewable every year, at Bank’s discretion) at its selected Branches / Offices /Processing Centres situated in the State of Telangana and Andhra Pradesh, as under:
S.O. Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President on the 29th August, 2013 and section 143 of the Act, which provides for the powers and duties of the auditors and auditing standards, came into force with effect from 1st April, 2014;
Prime Minister’s National Relief Fund (PMNRF) was constituted in January, 1948 to assist displaced persons from Pakistan. The resources of the PMNRF are now utilized primarily to render immediate relief to the affected families of those killed/ injured in natural calamities like floods, cyclones and earthquakes, etc, or in the major accidents/ riots.. The fund is also utilized to provide financial assistance for medical treatment
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue)
Rakesh Mehra was elated when he received an offer letter from a major multinational company with good package. Apart from moving cities, the next thing on his plate was to buy a home. He applied for a loan that was linked to his salary account, yet the process took longer than expected. He didn’t have […]
Explanation 5 to section 9(1)(i) of the Income-tax Act, 1961 (“the Act”) introduced by the Finance Act 2012 is no longer res integra in view of the pronouncement by the Delhi High Court. In its recent judgement in the case of DIT vs. Copal Research Limited And Ors.: W.P. 2033/2013, the Delhi High Court has held that gains arising from sale of shares of a company incorporated overseas, which derives less than 50% of its value from assets situated in India would not be taxable under section 9(1)(i) of the Act.
Non-Receipt of The Chartered Accountant Journal This is for the information of Members/subscribers who fail to receiveThe Chartered Accountant journal despatched to them either due to un-intimated change of address or postal problems. Members and Students are requested to inform the respective regions immediately after you change the address to ensure regular and timely delivery […]
