Explore the impact of FDI restrictions on countries sharing a land border with India and the role of External Commercial Borrowings (ECB) in addressing funding needs. Understand the regulatory landscape, including the amendment to FDI policy and the scrutiny on equity participation. Delve into the eligibility criteria for ECB, recognised lenders, and the present situation for investments from land border-sharing countries. Navigate the complexities of FDI and ECB to make informed financial decisions.
Coffee Day Enterprises Limited (CDEL) operates in various sectors, including coffee retailing, logistics, financial services, and hospitality. NFRA has issued orders against auditors for alleged financial irregularities. This article discusses the case and the issue of provisioning interest on NPAs.
Learn about procedure, provisions, and penalties related to rights issue as per Section 62 of Companies Act, 2013. Understand requirements and steps for existing shareholders to participate in rights issue.
Article aims to shed light on penalties, deadlines, and implications of late Income Tax Return filing, urging taxpayers to fulfill their obligations promptly to avoid unnecessary financial burdens.
Discover the different types of post-sale discounts and incentives offered in trade practices, along with their implications and treatment for GST. Learn how to differentiate between trade discounts and separate supply transactions.
Input Tax Credit is admissible when consideration is paid through book adjustment as detailed above, subject to the other conditions and restrictions prescribed in Section 16, 17 and 18 of the CGST Act, 2017 and the rules made there under.
Explore the game-changing potential of 5G technology in modern society. Learn about its high-speed data transmission, real-time communication, and diverse applications across industries, while addressing challenges like network security.
Learn about taxable incomes under Income from Other Sources with provisions, deductions, and exceptions. Stay updated on tax guidelines.
Computation of capital gain depends upon the nature of the capital asset transferred during the previous year, vis-à-vis, short-term capital asset, long-term capital asset or depreciable asset. Capital gain arising on transfer of short-term capital asset or depreciable asset is considered as short-term capital gain, whereas transfer of long-term capital asset gives rise to long-term capital gain.
In this Article we have discussed briefly Different Provisions Applicable to Income from Business and Profession at one place. In coming articles we will also discuss Income Tax provisions related to Capital Gain & Income from Other Sources.
