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Unit-Linked Insurance Plans (ULIPs) to achieve your Life Goals

January 18, 2018 1746 Views 0 comment Print

ULIPs are dual combination insurance plans that not only give you the life cover but it helps you to save for your future goals.  Most of the wealth plans will ask you to pay premiums for a certain period, once your policy gets over i.e. the end of the policy, they will pay a lump […]

E-Way Bill mandatory in Maharashtra for Inter- State movement of goods w.e.f. 01-02-2018

January 18, 2018 62688 Views 3 comments Print

E- Way Bill will be mandatory in Maharashtra for Inter- State movement of goods w.e.f. 01-02-2018. For Intra- State movement of goods, the date will be notified later. The e-way bill system is currently available for dealers / transporters on a trial basis (during 16-01-2018 to 31-01- 2018).

Temporary Import of Professional Equipment and Sports Goods under A.T.A. Carnet

January 18, 2018 1863 Views 0 comment Print

The said goods are imported under a Carnet guaranteed by the Federation of Indian Chamber of Commerce and Industry in India (hereinafter referred to as FICCI), as per provisions of the Customs Convention on the A.T.A. carnet for Temporary Admission of Goods (A.T.A. Convention) done at Brussels on 8th June 1961;

Pass percentage & Toppers of CA Final Nov 17 & CPT Dec 17

January 18, 2018 48474 Views 1 comment Print

Declaration of Result for CA Final Examination held in November, 2017 and CPT held in December, 2017. The Institute of Chartered Accountants of India (ICAI) today announced the following results: Chartered Accountants Final Examination held in November, 2017. Common Proficiency Test (CPT) held in December, 2017. Since December 1949, the Chartered Accountancy Examination is held […]

HC allows disqualified director in a Strike off Company to avail CODS 2018

January 18, 2018 10608 Views 5 comments Print

Admittedly,Company is not carrying out any businesss and its bank account has not been operated for over three years, petitioner ought to be provided benefit of CODS – 2018.

Direct Tax Collections for F.Y. 2017-2018 show Growth of 18.7% up to 15.01.2018

January 17, 2018 1581 Views 0 comment Print

The provisional figures of Direct Tax collections up to 15th January, 2018 show that net collections are at ₹ 6.89 lakh crore which is 18.7% higher than the net collections for the corresponding period of last year. The net Direct Tax collections represent 70.3% of the total Budget Estimates of Direct Taxes for F.Y. 2017-18 (Rs. 9.8 lakh crore).

ICAI exam results will now be declared around 8.00 PM on 17.01.2018

January 17, 2018 1053 Views 0 comment Print

It is hereby informed that the declaration of results of Chartered Accountants Final examination held in November 2017, Common Proficiency Test held in December 2017 and the ISA-AT held in December 2017, earlier scheduled at 2.00 PM on 17th January 2018, Wednesday, stands rescheduled.

Complete Analysis / Highlights of Companies (Amendment) Act, 2017

January 17, 2018 3624 Views 0 comment Print

The amendments under the Companies (Amendment) Act, 2017, are broadly aimed at: addressing difficulties in implementation owing to stringent compliance requirements; facilitating ease of doing business in order to promote growth with employment; harmonisation with the Accounting Standards, the Securities and Exchange Board of India Act, 1992 and the regulations made thereunder, and the Reserve Bank of India Act, 1934 and the regulations made thereunder;

Assessee needs to discharge initial onus in case of Commission to Related Party

January 17, 2018 2652 Views 0 comment Print

LOAN AND ADVANCES –Interest free funds available with the assessee is in excess of amount advanced to sister concern. There is no nexus between the interest bearing funds and the money so advanced to sister concern which has been established by AO. In view of the same, a presumption will arise in favour of assessee that interest free funds have been utilized for advancing such advance to sister concern. 

11 Faqs on Aadhaar clearing 11 Misconceptions about Aadhaar

January 17, 2018 34578 Views 18 comments Print

UIDAI has all my data including biometrics, bank account, PAN, etc. Will they be used to track my activities? Why am I being asked to verify and link my mobile numbers with Aadhaar?

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