The Income Tax Act 1961 is the legal framework governing taxation related matters in India. According to section 9 of the Income Tax Act, any income received by a taxpayer, either in cash or in kind, that is deemed to accrue or arise in India shall be liable to tax.
All private placement offers should be made only to those persons whose names are recorded by the company before sending the invitation to subscribe. The persons whose names are recorded will receive the offer, and the company should maintain a complete record of the offers in Form PAS-5.
Discover the top 10 outstanding accountant website designs from 2023 to exude your competence, trust, and expertise. Professionals should create a web presence for better prospects and smoother operations.
Cryptocurrency has the ability to improve the financial standing of companies and service providers since it is an innovative method of payment that is also very efficient and appealing. It provides an alternative payment method, which makes it easier to conduct transactions such as buying, selling, transferring, and exchanging.
File your USA tax return before April 18, 2023 for season 2022-23. IRS Form 1040 2022 includes updated digital asset information. Register now
The ambit of a contract of agency and its resultant effect on the classification of difference between the Actual Fare and Net Fare as being a Commission liable to deduction of TDS.
In this article, we will discuss relevant provisions of Companies Act 2013 in the context of case of Vijay Mallya and Kingfisher Airlines.
Whether a lending transaction would fall under the definition of digital lending only if all the processes in the life cycle of a loan, viz., customer acquisition, credit assessment, loan approval, disbursement, recovery, and associated customer service, are carried out digitally or some of the aforesaid processes can be carried out in physical mode also?
Explore the report from Hidenburg Research on Adani Group’s alleged stock manipulation and accounting fraud. Factors like overvaluation, substantial debt and CFO turnover, paint a picture of a ‘family business’ in danger.
Tax exemption to charitable organisations proposed in Finance Bill 2023 – Suggestions. Government provides incentive for public welfare in form of tax exemption. Benefits of the Tax Act Section 11 for charitable organisations.
