"Chartered Accountant in Practice in Gurgaon"
Dividend is defined under Section 2(35) of the Companies Act, 2013 as “Dividend includes any Interim Dividend” Cambridge Dictionary defines “Dividend as a payment by a company of a part of its profit to the people who own shares (= units of ownership) in the company” In this article we will discuss the provisions of the Dividend as explained in the Chapter VIII- “Declaration and Payment of Dividend” of […]
Brief Summary of GST Notifications issued by CBIC on 3rd April 2020 In view of the spread of COVID-19 across the country, Government of India has provided relief relating to the compliances under the GST act, the same has been summarized below: Notification No 30/2020 – Central Tax issued by CBIC on 3rd April 2020 […]
As per Section 2(16) of the Companies Act, 2013, ‘Charge is defined as an interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage‘. Concept of charge is explained under Chapter VI of the Companies Act, 2013 ranging from Section […]
Clarification in respect of option under Section 115BAC of the Income Tax Act, 1961 Income Tax Circular No C1 of 2020 dated 13th April 2020 Finance Minister in her Budget Speech, 2020 had introduced new tax regime with effect from Assessment Year 2021-22, inter alia provides that an Individual or HUF having income other than […]
