Introduction In the month of June 2012, competition commission had passed a judgment (Case no 29/2010 Builders Association of Indias case) in a complicated case which involved interpretation of economic variables and substantial que
Five year tax holiday for hotels located in specified districts having a world Heritage Site. Section 80-ID of the Income-tax Act provides for a five year tax holiday to new hotels of two, three and four star categories and convention centres. It
As soon as the exam forms are out we are shaken,stirred and finally woken up from our dreams to the realities of life oh my god exams are near and the time left for preparation is now c
Service Tax and VAT on under-construction flat/ unit Introduction Service Tax and VAT on construction services have created lots of buzz among the property buyers. To me this is undue hardship on those who are buying residential property for the p
Introduction As per Indian Stamp Act,1899, Stamp duty is payable on instruments and an instrument has been defined as any document
The primary objective of SEBI is investor protection but it is a moot point to debate whether and to what extent SEBI has been successful in protecting the investors. From the time in early nineties when SEBI was set-up till now numerous situations
FAQ on Service provided by Directors to Company The CBEC has issued Notification No. 45/2012-ST dated 7-8-2012, amending the Notification No. 30/2012-ST dated 20-6-2012 and expanded the scope of reverse charge mechanism. With effect from 7-8-2012, s
It is all about earning respect!! 18th August, 3.50 am 2Silver and 4 Bronze i.e. London Olympics has given us 6 new names to cheer for next 4 years. But what about the other 77 athletes who competed in 13 sports!! You know Olympics are very much
Introduction Insurance is a contract between two parties namely insurer and the insured (policyholder) whereby insurer agrees to indemnify or to pay a certain sum of money to the
All the companies are required to pay service tax under reverse charge on any remuneration paid to its directors whether in the form of money or otherwise and thresh hold limit of Rs. 10 lakhs will not be applicable on such case. As per the ame
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