In this article, we will discuss about the Income Tax provisions relating to both Short-term capital gain (STCG) and Long-term capital gain (LTCG) arising from sale/transfer of securities.
Prior to exploring the advantages and disadvantages, it is necessary to clarify the concept of the right to subrogation and understand the fundamental prerequisites for assuming the role of a guarantor.
Understand the Board & Committee Composition under Companies Act 2013 and SEBI Regulations. Learn about the requirements and roles of each committee.
Explore the applicability of Legal Entity Identifier (LEI) in various financial transactions. Understand how SEBI, RBI, and IRDAI mandates LEI for entities like Debenture Trustees, Asset Reconstruction Companies, Issuers of Non-Convertible Securities, Securitised Debt Instruments, Security Receipts, and non-individual borrowers. Stay informed to comply with regulatory requirements and facilitate seamless financial transactions.
Comprehensive guide on how to surrender a Director Identification Number (DIN) in India, according to the Companies Act & Rule 11 provisions.
Delve into the legality of surrendering a Director Identification Number (DIN) after a company strike-off. Learn about the conditions and implications involved.
Explore whether an individual can hold more than one Director Identification Number (DIN) in India. Understand the legal provisions, consequences, and solutions.
Understand who must submit an income tax return for AY 2023-24, due dates, forms to use, and late fee provisions. Essential tax filing guide here
Discover the types of Income Tax Returns (ITR) and their eligibility criteria, including ITR-1 (SAHAJ), ITR-2, ITR-3, ITR-4 (Sugam), ITR-5, ITR-6, and ITR-7. Understand when and how to file ITR, importance of Form 16, Form 26AS, Form 15G, and Form 15H. Learn about tax return deadlines and avoid penalties.
Supreme Court in Paschimachal Vidyut Vitran Nigam Limited v. Raman Ispat Private Limited held that Section 238 of IBC overrides provisions of Electricity Act, 2003.
