Where any document- (i) is produced by any person under the Act or any other law, or (ii) has been seized from the custody or control of any person under the Act or any other law, or (iii) has been received from any place outside India in the course of any proceedings under the Act or any other law
advance ruling means a written decision provided by the Authority or, as the case may be, the Appellate Authority to an applicant on matters or on questions specified in sub -section (2) of section 116 or sub-section (1) of section 118
Following is Exposure Draft of changes proposed in Ind AS 12, Income Taxes, issued by Accounting Standards Board of Institute of Chartered Accountants of India, for comments.
India has embarked on a historic reform of the bankruptcy and insolvency process. The Bankruptcy Law Reforms Committee (BLRC) led by Mr T. K. Viswanathan designed a set of processes to resolve insolvency and bankruptcy. The BLRC visualised four pillars of supporting institutional infrastructure to make these processes work efficiently
Sitting on a chair, a pen in my hand, I kept staring at the blank page of my diary, thinking to write on Happiness. I always feel happy to write, and writing on happiness couldn’t have been a happier feeling.
No.5(4)-B(PD)/2016.—It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F. 1 6(1)-PD/75 dated 30th June, 1975, shall with effect from 1st January, 2017 to 31st March, 2017, bear interest at 8.0% (eight per cent). This rate will be in force w.e.f. 1st January, 2017.
This Article deals with Detailed Procedure for Reduction of Share Capital under Companies Act, 2013 and Rules made there under.
In todays world of extensive database, decisions are highly quantitative and appropriately assessed. To reach to the stage of qualitative and assessed decisions in business, one needs to acquire professional skills in valuation. In order to be successful finance professional, skills in valuation and financial modelling have become indispensable tool.
Input service distributor means an office of the supplier of goods and/or services which receives tax invoices issued under section 28 towards receipt of input services and issues a prescribed document for the purposes of distributing the credit of CGST (SGST in State Acts) and / or IGST paid on the said services to a supplier of taxable goods and / or services having same PAN as that of the office referred to above;
Offering one last window to black money holders, the government has come out with a scheme giving black money holders time until March-end to come clean by paying 50 per cent tax on bank deposits of junk currencies made post demonetization.
