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Posted On:  2 years ago


Statutory Registers under Companies Act, 2013

List of Stautory Registers to be maintained under Companies Act, 2013

article author Parth Sharma

Posted On:  2 years ago


LBT Maharashtra Turnover Clarification

I would like to bring your attention to the Maharashtra State Government notification dated 1 August 2015 that dealers with turnover of not less than INR 50 Crores shall only be liable for registration.

article author AMIT BHUTADA

Posted On:  2 years ago


How to tackle with income tax notices

usually any communication from the Income Tax department, especially receiving a notice from them, can send shivers down anyone's spine. A majority of the notices is sent in the normal course of processing returns& might be for routine enquiry or a request for simple clarification, so don't be panic.

article author TEKUMANI NAVEENKUMAR

Posted On:  2 years ago


SERVICE TAX ON DIRECTOR'S REMUNERATION-INSTIGATING LITIGATION!

The issue regarding leviability of service tax on remuneration paid to the directors has been matter of concern since 07.08.2012 when reverse charge mechanism was introduced vide notification no. 45/2012-ST dated 07.08.2012 for the service tax liability as regards services provided by a director to a company.

article author CA PRADEEP JAIN

Posted On:  2 years ago


How to Deal with Scrutiny Notice from Income Tax Department

Received income tax notice for Scrutiny undersection 143(2), please don’t panic. A notice from income tax department under Section 143(2) is every tax payer’s worst nightmare.

article author CA Chirag Chauhan

Posted On:  2 years ago


A COMPLETE GUIDE TO NRI TAX IMPLICATIONS

A returning NRI should know and understand various aspects of Foreign Exchange Regulations (FEMA), Indian Taxation and Banking Regulations in order to rearrange his financial affairs in India and outside India.

article author TEKUMANI NAVEENKUMAR

Posted On:  2 years ago


GST: HYPED ARE THE MERITS, HIDDEN ARE THE THREATS

The Goods and Services Tax (GST) is the most awaited reformation in the indirect tax structure of India which is planned to be implemented w.e.f. April 1, 2016. It has been the most happening topic in the parliament since December 19, 2014 when The Constitution (122nd Amendment) (GST) Bill, 2014 was first presented by the Finance Minister, Mr. Arun Jaitley in the Lok Sabha.

article author CA PRADEEP JAIN

Posted On:  2 years ago


1% Additional Levy: Where is it heading us?

Goods and Service Tax (GST) has been a topic of debate in the recent past. With the NDA government looking firm to bring in the GST, the members of Rajya Sabha still have a number of objections to raise, and for their very reasons. Finance Minister Arun Jaitley has been strongly contending that the implementation of GST would remove cascading effect of taxes thereby making way for a business-friendly economy.

article author CA PRADEEP JAIN

Posted On:  2 years ago


Types of Leases

Types of Leases and its disclosures

article author CS Deepak Pratap Singh

Posted On:  2 years ago


Legal Education in India

Time to rethink or rather revolutionize the system of legal education in India.A quality Education is todays need as it is the development of intellectual skills and knowledge which will equip learners to fulfil the needs of professionals, decision makers and trainers.

article author Rakesh Singh

Posted On:  2 years ago


Advance Tax: first installment for FY 2015-16 is due on 15th September

If you expect your total tax dues to exceed Rs 10,000 in financial year 2015-16, advance tax rules may apply to you. What this means is that instead of paying lump sum taxes, your taxes must be..

article author Sushil Goyal

Posted On:  2 years ago


Legal Form of Ownership-FAQ

Its Contains Explanation regarding Legal form of ownership.

article author ARPIT KHETAN

Posted On:  2 years ago


Missed Filing Income Tax Return Before Due Date? You Can Still File Your Returns

Many individuals has missed to file Income Tax return by revised deadline of 7th September 2015, The one who has missed the filing can still file their returns till March 2016 without any penalty.

article author CA Chirag Chauhan

Posted On:  2 years ago


Logic behind introduction of "Reverse charge mechanism in Service tax"

This article tell you the basic logic behind introducing "Reverse charge mechanism" in Service tax.

article author Abhinav Chhabra

Posted On:  2 years ago


Roadmap to GST and Opportunity for CA

A brief right up on GST Act.

article author Sidharth Gupta

Posted On:  2 years ago


Tax implications for NRIs who want to sell property in India

NRIs who have sold house property which is situated in India have to pay tax on the Capital Gains. The tax that is payable on the gains depends..

article author Sushil Goyal

Posted On:  2 years ago


Auditors Financial Statement

A financial statement audit is the examination of an entity's financial statements and accompanying disclosures by an independent auditor. The result of this examination is a report by the auditor, attesting to the fairness of presentation of the financial statements and related disclosures. The purpose of a financial statement audit is to add credibility to the reported financial position and performance of a business.

article author CA Nikesh Sheth

Posted On:  2 years ago


How to Audit Expenses?

Every business requires auditing procedures to assess financial health. Expenses can be considered as anything that the company pays money for in return for income. These can be contractual expenses such as rent, invoiced expenses such as the cost of supplies or reimbursable expenses such as travel charges incurred by an employee. Audit procedures are designed to evaluate these expenses to make sure they are necessary and in line with internal policies.......

article author CA Nikesh Sheth

Posted On:  2 years ago


Assesement after partition of HUF

As we know HUF (Hindu Undivided Family) is assessed as a separate person under provisions of Income Tax Act, 1961. It has its own identity and right to own property but not a juristic person. It can sue and be sued as a person..

article author CS Deepak Pratap Singh

Posted On:  2 years ago


Brief note of RBI guidelines on Concurrent Audit of Branches.

Attention for the concurrent auditors at bank branches, I have gathered recent directions by RBI for coverage for concurrent audit. The Reserve Bank recently directed that the concurrent audit at bank branches should cover at least half of their advances and deposits..........

article author CA Nikesh Sheth