Article explains how surrendered income is treated under I.T Act, particularly focusing on applicability of Sections 68 to 69D and related provisions.
This article delves into the key amendments introduced under section 11 of the Income Tax Act, focusing on the revised timelines and conditions for filing forms, setting apart or accumulating trust income, and the nuances of applying corpus funds. Understanding these changes is crucial for trustees to ensure compliance and optimize the financial management of their trusts.
Explore the duties of the Director General and penalties under Chapters V & VI of the Competition Act, 2002, with key cases illustrating enforcement and compliance.
Explore the essential details of General Meetings under the Companies Act, 2013, including AGMs, EGMs, quorum requirements, and notices as per SS-2 and Section 118.
An order book refers to the orders a company has received to manufacture goods or provide services. These orders will be converted into sales once the company fulfills them.
Learn about the IPO process, compliance requirements, and key steps under the Companies Act, SEBI, and other regulations. Ensure a successful public listing.
Explore the re-introduction of block assessments in search cases under the Income Tax Act effective from 01 September 2024. Learn about key provisions and implications.
Explore professional tax slab rates for 2024-2025 across Indian states. Understand how your income determines the tax rate in Andhra Pradesh, Maharashtra, and more.
Health Insurance is gaining popularity among the Indian population because it provides financial security and ensures a stress-free life for family members in case of critical illness of family earner and covers hospitalisation and medical expenses.
The week ending 18 August 2024 saw notable regulatory updates across various domains. In Income Tax, exemptions were granted to the West Bengal Transport Workers Social Security Scheme and Unique Identification Authority of India under Section 10(46) for specified incomes. The Delhi High Court ruled against reassessment under Section 148 post-approval of a resolution plan […]
