As the people are becoming more responsible financially, the charm of retail investments has increased a lot in the past 5-10 years. Although most people invest their money in traditional assets such as stocks and bonds, there are benefits to investing in alternative assets too. In this blog, we will discuss these benefits and how […]
I retired on 30th September 2005 as Chief Commissioner of Income Tax I, Chennai – after completing 37 years of highly satisfying service in the income tax department. I received several requests to write about my experiences. This small summary is the result of my ramblings.
Under Section 164(1) of Companies Act, 2013 A person cannot be appointed as director in any of the following cases (a) he is of unsound mind and stands so declared by a competent court (b) he is an undischarged insolvent; (c) he has applied to be adjudicated as an insolvent and his application is pending
A GST accounting software is a class of computer programs that enable you to manage your business’s financial transactions. Such programs can vary widely in scope, with some programs designed for little more than simple bookkeeping and some designed to manage the entire financial comings and goings of large businesses.
With the rise in incomes over the years, owning a car is no more a status symbol. While some of the commuters might prefer public transport or cabs, having one automobile in a family of four is a common thing now. For most of the people, it’s also related to their professional growth. The higher […]
Advocate Akhilesh Kumar Sah Lord Krishna Dwellers (P) Ltd. Vs DCIT (ITAT Delhi) Lord Krishna Dwellers case: Purchases of land reflected in the seized sale deeds duly recorded in the regular books of account, documents seized relating to same during the course of search cannot be considered as incriminating material, enabling AO to proceed under section […]
FREQUENTLY ASKED QUESTIONS (FAQs) ON GOODS AND SERVICES TAX (GST)-3rd Edition: 15th December, 2018- (Note: Changes announced in GST Council meeting held on 22nd December, 2018 are being incorporated and the updated edition will be uploaded shortly)
Amendment to Notification no. 62/94-Customs (N.T.) dated 21.11.1994 in respect of Dahanu Port, Maharashtra vide Notification No. 101/2018-Customs (N.T.) dated 28th December, 2018
CBIC has decided to allow operations under section 65 to be continued in public bonded warehouses up to 31st January 2019, in respect of such operations and for such operators, who had been permitted such facility by jurisdictional authorities, as on the date of issue of Circular 38/2018-Customs dated 18.10.2018.
Rates of rewards under MEIS for Onions, Fresh or Chilled, under HS Code 07031010 have been enhanced from 5% to 10% with immediate effect vide Public Notice No. 65/2015-2020 Dated 28th Dec 2018
