INTRODUCTION Interdependence is indispensable. International is referred to as ‘relating to or involving two or more nations’ and trade as ‘commercial, industrial or professional dealings’. Hence the term International Trade r
Origination of Corporate Social Responsibility Corporate Social Responsibility (CSR) is associated with the conduct of corporations and in particular whether corporations owe a duty to stakeholders other than shareholders. While the phrase Cor
The central government come out with these extra reporting requirements to ensure that the auditor should check and report on the matters mentioned in CARO for ensuring smooth working of company.Co
Meaning of Limited Liability Partnership (LLP) A Limited Liability Partnership (LLP) is a body corporate, with a distinct legal entity separate from that of its partners. It has perpetual succession and a common seal. A LLP, which is a separate legal
(March Ending Special Part 2)PAY AS YOU EARN Advance Tax Arjuna (fictional character): Krishna, before 15th March last installment of advance tax will have to be paid. What precautions taxpayers should take? Krishna (fictional character):
This article contains a brief note on various provisions under FEMA, related to Investments to be done Outside India by Indian Entities.This is just a brief note and relvant expert advise is to be taken before acting upon.If any further information i
Dear Professional Colleague,Chit fund business constitutes transaction in money and not liable to service taxRecently, the Honble Supreme Court of India, dismissed the SLP filed by the Union of India against the judgment of the H
The search and survey operations conducted by the Income tax department, commonly known as Income tax raids (raids), has always been one of the worst nightmares of businessmen, high earners and corporates. Some reasons for this fear bei
Currency fluctuation is a phenomenon that is important to understand due to various reasons. At the very outset, it may not seem necessary for individuals who have no export or import business, or for the ones who are not planning a t
One of the biggest worries of income tax payers is getting notice from Income Tax Department. The Department issues notices under various provisions of Income Tax Act. The purpose of the same is to ensure greater tax
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