Tax planning needs to be differentiated from tax evasion wherein one suppresses recording his sales/ services or undervalues the same deliberately. T
Service Tax Voluntary Compliance Encouragement Scheme, 2013 has been proposed by the Finance Minister in budget for the year 2013-14, to encourage the defaulters of Service Tax, who have not declared and paid the Tax Due for the peri
RBI must intervene and bring the rupee down to Rs 55 is the sound of every corner of the corporate houses. It is erroneous to wait for a Central Bank to intervene. One should have well-developed-articulated management policy that whenever the exposu
First of all , Wishing you all a Happy independence day! Let us thank and take a bow for our freedom fighters (Real Heroes) because of whom we are independent today! *Taking a bow and saluting* How Independent are you? Are you really Independe
CSR Under New Company Bill 2012: The Companies Bill 2011 was introduced in the month of December, 2011 in the Parliament and referred to Parliamentary Standing Committee on Finance which submitted its report in June, 2012 based on which the Bill of
Waiver of Loan Interest Loss Tax and Accounting Effect By Notional Figure I am dissecting the Difference as a waiver of Loan and OTS amount as per below. Total Waiver- 1- On account of Principal Amount of TL- 50 CR 2- On Account
Tabular Comparison Between Old Versus New Provisions: Sr. No. Subject matter Old provision in the Companies Act,1956 Corresponding new provision in the Companies Bill,2011
Over a period of time, there are number of judgements comes from various levels of courts from different locations of India and hence it is very important to know the same for the correct treatment of Transfer pricing: In the case of Delphi
Risk is the potential for the occurrence of a loss (potential negative effect on an asset that may derive from given processes in progress or given future events.), but importantly risk attaches to i.e. risk cannot be separated from gr
Impact of Companies Bill 2012 passed by Rajya Sabha on a Private Limited Company The maximum number of members in a private company has been increased from 50 to 200. This will definitely cheer up the corporate world as it enables the private co
All Subjects Combo (Regular Batch) Jan & May 26