Ministry of Corporate Affairs (MCA) penalizes Mahadeva Vehicles Pvt. Ltd. & directors for not displaying contact info on board resolution. Analysis & order details.
Ministry of Corporate Affairs (MCA) has imposed a penalty of Rs. 4 lakh on Bangda Real Infra Limited and its directors for non-maintenance of its registered office. This penalty follows a violation of section 12(1) of the Companies Act, 2013, which mandates companies to have a registered office capable of receiving and acknowledging all communications […]
Read the judgment of Madras High Court in Balaji Super Alloys Vs. PCIT case, condoning a 21-second delay in ITR filing and allowing Section 80IA deduction.
Check the historical Gold and Silver rates from April 1, 1981, to March 31, 2023. Compare prices and analyze trends over the years for 10gms of Gold and 1kg of Silver.
The Income-tax Act has prescribed time limit in respect of various procedures, applications, etc. (like time limit for filing an appeal to the Commissioner of Income-tax (Appeals), deposit of tax on distributed profits of domestic companies, filing return of income, filing belated return of income, etc.). In this part you can gain knowledge about the
Understand the provisions of Section 194-IA of the Income Tax Act, where a buyer deducts 1% tax on property transfer exceeding Rs. 50 lakhs. Learn about applicability and procedures.
Articles explain who is Non-Resident Individual, Partnership firm, Company for Income Tax Purpose, Taxable Income of Non Residents, Tax on Indirect transfer of a capital asset situated in India by Non-Residents, activities not to constitute business connection in India, Exemption from applicability of Section 206AA to non-residents
A resident person is chargeable to tax in respect of his global income. If Income-tax Act enlarges the scope of taxable income of a resident person, it extends certain benefits and privileges to a resident person as well, inter-alia, an option to compute income on presumptive basis
Amid disruptive weather conditions, Tax Advocates Association Gujarat pleads for an extension of the Income Tax Return filing deadline from 31st July to 31st Aug 2023.
Updated TDS Rate Chart for FY 2023-24 (AY 2024-25). Find the latest rates for tax deduction at source for various transactions. Easy-to-understand guide.
