Yesterday, the government has placed a draft notification for comments on theMCA Website relating to exemptions granted to private companies. Private companies are closely held business entities that are not permitted to invite the public to subscrib
Waiver of interest by assessee does not detract Revenues statutory obligation to grant interest on belated refundWe are sharing with you an important judgement of the Honble High Court of Allahabad, in the case of Shree Balaji Aromatics
Dear Friends, As we all know , the provisions of Companies Act,2013 has hampered the survival of the small & medium Pvt.Ltd. companies, we would like you all to share and forward this message amongst the C.A. community as
Introduction: Union Budget for the year 2014-15 going to be presented by the Finance Minister during forth coming budget session in the Parliament. Increase the economic growth &
As I sit on this hot and humid June evening, Im reminiscing about the experiences of the last couple of years, which have been tough and definitely far from ideal. But without those experiences, I would never
Recently, on www.incometaxindiaefiling.gov.in , assessee is compulsorily required to get its email ID and password registered. Further, maximum permissible usage of each of them is 4 times only. We know that most of the assessees in India do not ha
Receipt of Credit Notes from the Seller Impact on Tax Credit of the Purchaser under the Delhi VAT Act[by Rakesh Garg, Author & Consultant]A. IntroductionDelhi, being the trading centre, issuance of credit notes in respect of discou
Excise duty cut for Auto, Capital goods, Consumer durables extended till Dec 31, 2014In the Interim Union Budget 2014 on 17th February, 2014, the Government had reduced the Excise duty on: Small cars, motorcycles, scooters, three wheelers and c
Nowadays, India government has taken initiatives to raise FDI in defence sector to 100%. Only 26 % of FDI is allowed in defence so far. The Draft Cabinet Note prepared by Department of Industrial Policy and
VAT on Works Contract in Rajasthan and Complicacies in tax computation. IntroductionWorks contract is a contract for carrying out some work for a lump sum consideration. The transfer of property in the goods involved in the execution of the works c
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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