Finance Act, 2011 made the services rendered by legal firms taxable. And with this also rescinded the notification no. 25/2006 vide notification no. 32/2011 which exempted the representation services provided by CAs and CS to their clients. The noti
13th May 2011 Dear Forum Members We are all aware that those who deduct TDS has to issue TDS Certificate (Form 16A) for every quarter. This is applicable from the financial year 2010-11 onwards (Assessment Year 2011-12). This has put an additional b
PRESUMPTIVE TAXATION Presumptive taxation involves lump sum levies on certain small-scale business activities to whom Section 44AB is not applicable. Thus Sections 44AD, 44AE and 44AF of the Income-tax Act, 1961, provide for estimating the income
NOTICE Meaning: A company is required to hold meeting of Board of Director and Meeting of Member /Shareholder , before holding the meeting of Board or Member the companyis required to informe about the meeting to all of them atleast before the pr
How does the value of rupee changes against the dollar or other currency? This is based on the economies of each country and relative demand for either of the two currencies. The change is the exchange rate has got to do with the demand&rdq
REVISE YOUR EXAM STRATEGY! If your exam is over, read this! You may have a sigh of relief after your May 2011 exam. Congratulations to all my friends who have put your maximum in the most respected professional examination of this country. Before y
According to sec 268 of the Companies Act 1956 in the case of a Public Company or a Company subsidiary of Public Company the terms of appointment of MD/WTD/NRD can be revised,whether the condition is given in the Companies MOA or AOA or in the agr
An overview of Section 80P:- Following income are available for deduction to Co-operative societies A. Income from Banking Business:- In Case of a cooperative society providing credit facilities to its members, the whole of the amount of profit
DRAFTING MEANS: THE combination of Law and Fact in a language form. The process of Drafting operating in two planes-Conceptual and Verbal. Besides choosing the right word the right concept is also required to choose. In legal sense drafting
Examination Exhibit professionalism by complaining responsibly Madhukar N Hiregange FCA Year after year the professional examination are held and many students are unable to get through. The reasons could be many: 1. the high level of
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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