HI! Friends and respected seniors, greetings of the day to all of you. Introduction- The revenue Departments have been empowered to issue circulars to clarify the position of law and these circulars are binding on the department(except CIT Appeals
DUE AND OVERDUE Any amount becomes due on the fixed time of payment. It becomes overdue if it is not paid on that due date. In the same manner in customer banker relationship any amount due to the bank under a
At reaching old age if you have not any regular source of income or which does not meet the rising cost of living, it is very difficult to live. Also at this age to work and earn can make life miserable. Even there are many cases
In last two years, Ministry of Corporate Affairs (MCA) has made many amendments/changes in provisions relating to directors of the company under the Companies Act, 1956
Greetings of the day to all the members of CCI Family. So friends this is the final part of my series i.e. Finalization of Accounts. The links of my previous Article are given below:- FINALIZATION OF BALANCE S
Executive Summary: Personal loan by some school of thoughts is considered to be untouchable due to its many disadvantages, but some amount of financial modeling can make this very product very useful in number of ways i.e. Liquidity, Return, and
Introduction: For whom is it important to understand project finance? Financial managers Sponsors Lenders Consultants and practitioners Project managers Builders Suppliers Engineers. Researchers Students.
Introduction: Recently Supreme court bench consisting of Justices RM Lodha, TS Thakur and Anil Dave delivered its judgment in MSR Leathers v S. Palaniappan & Anr (MSR Leathers) holding that a payee or holder of a cheque can now issue a statu
Service portion in the execution of a works contract has been declared as service u/s 66E after the introduction of negative list. That means works contract service per se is not a service but it is a service because it has been declared to be a se
The Ministry of Finance (Department of Revenue), Government of India has made certain changes and brought certain additional items of services under the ambit of reverse charge mechanism where the service recipient is liable to pay tax. Till 30th
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