It is generally seen in the reassessment proceedings u/s 147 of Income Tax Act, 1961, the assessing officers tend to make inquiries and ask ques
Democratic Government is: Government by the People, for the People and of the People -Abraham Lincoln[1] In democratic government, representative elected by the common people has the duty to ensure proper management of resources and good governa
BRIEF OF FEW CHANGES MADE IN SERVICE TAX BY FINANCE ACT, 2012, APPLICABLE FROM 1, JULY, 2012 Budget has unhered a new system of taxation of services known as Negative List Approach. Till now services of specified description were sub
Suggestions invited by TRU - Service tax on staff benefits and employment related transactions TRU has issued a Draft Circular F. No 354/127/2012-TRU dated July 27, 2012 clarifying certain issues in relation to leviability of service tax on staff be
The one word cover story of the Worlds Most Reputed Magazine set a lot of hue and cry a few days ago! It was the biggest humiliation when the real architect of 91 economic reforms was accused of being Underachiever. All said and done!!! Even
I was 2 days old & was surrounded by all kinds of people. Someone was a millionaire, someone was a business tycoon followed by people of all different caste & creed & everyone laughing on me. I looked u
Basic concepts of CMA data Introduction: Credit Monitoring Arrangement (CMA) data is a very important area to understand by a person dealing with finance in an organisation. It is a critical analysis of current & projected financial statements
Whether employees sent on deputation to subsidiary/ associate companies amount to manpower recruitment or supply service before or after 1st July, 2012 Citation : 2012-TIOL-855-CESTAT-DEL Appellant (s) : ITC Ltd Respondent (s) : Commission
If you enjoy the thrills of trading and are fully aware of the risks involved, then treasury/ capital markets should be your choice of career. This is the division where financial products such as equities, bonds, currencies and other exotic produ
At the verge of financial reporting- MCA comes up with amended format for Abridged Balance Sheet and Profit and Loss Account Just as companies have declared the financial results for FY 2011-12, the Ministry of Corporate Affairs (MCA&rdqu
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