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Delhi VAT Amnesty Scheme closing by 31st January, 2014
Dear Professional Colleagues,Delhi VAT Amnesty Scheme closing by 31st January, 2014 Pursuant to the power conferred by Section 107 of the Delhi Value Added Tax Act, 2004 (the Actor DVAT), the Lt. Governor of National Capit
It sounds interesting - One Person Company
Under the existing Company Law framework, a private limited company is required to have a minimum of two shareholders and two Directors. But The Companies Act, 2013 passed by the Lok Sabha provides for the concept of a One Person Company (OPC) in Ind
Brief synopsis for chapters in Financial Reporting
Consolidated financial statements (CFS) which lead to the subsidiaries of the holding company its summative accounting figure. Putting another way, consolidated financial statements can be addressed as the combined financial statements of a parent
Financial Reporting
Financial Reporting A financial report is a formal record of the financial activities of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form easy to understand, including related note
The Companies Act, 2013 - Provisions relating to Directors
Introduction: The Board of Directors is an important body elected by the shareholders which acts as agent of shareholders. The Board is collectively responsible for making policies for good governance and efficient running of the company. The Compani
Karniti Part-19: Kite Fight between Taxpayer & IT Dept
Arjuna (Fictional Character): Lord Krishna, all are happy and enjoying as two festivals Makar Sankranti and Eid are coming together. Children are busy flying colorful kites in the blue sky. Kites o
How to make sure your Income Tax return is not rejected?
Most of us file our income-tax (I-T) returns online before the July 31 deadline. Electronic filing (e-filing) is convenient and you can even pay your taxes online. However, filing your returns online does not mean that the process of fi
Taxation of Salary - Points need to know as an employee
Taxation of Salary Points need to know as an employee (Part- 1) Introduction: It is January again and the first month of last quarter for the financial year 2013-14, All the employers are in the process of start asking your proofs for your
Companies to have uniform Financial Year under Co Act
Dear professional Colleagues, The Companies Act 2013, which has partially replaced Companies Act, 1956, by introducing certain new provisions related to corporate law. The Companies Act 2013 partially made effective w.e.f. September 12, 2013, and int
Equity Research- An Investment Advisory Service
(Fundamental Analysis Approach) Investment in securities is - not buying a lottery ticket, but a piece of ownership in a company. Theref
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