Presumptive Taxation Taxation is the most essential wing of the government’s revenue. It contributes a bulky amount to the government to meet the social and economic need of the nation. When collecting tax from the public the government tr
TAX TREATMENTS ON GIFT The amendment of Sec 56(2) of the income tax act has intensely changed the scenario of the tax treatment of gifts received by an assessee. The amended provision states that · Where any sum of money exceedin
Everybody knows that the legislature has proposed to constitute a special tribunal to deal with the issues under the Companies Act, 1956 through Companies (Second Amendment) Act, 2002. The constitution of National Company Law Tribunal
Supreme Court gives green signal to constitution of independent Company Law Tribunal Manoj Kumar Banthia The Supreme Court of India on 11 May 2010, gave a ruling holding as valid the provisions of Companies (Second Amendment) Act 2002 pert
The Challenge to the NCLT & NCALT: The five-judge Constitution Bench of the Supreme Court of India Justice KG Balakrishnan, Justice RV Raveendran, Justice DK Jain, Justice P Sathasivam and Justice JM Panchal has delivered its judgmen
WHETHER TO GO FOR PRACTICE OR INDUSTRY Prepared by: CA Prakash Somani (A Helping Hand) Every one of us will become CA today or tomorrow and after becoming CA the question which popup in our mind is "Whether to go for Practice or Industry?&q
Given below are the requirements, procedure and regulations involved during the formation of a Mutual Fund Main requirements under SEBI (Mutual Funds) Regulations, 1996: The following are the eligibility criteria for grant of a certificate of re
THIS IS MY SECOND ARTICLE EMPHASIS ON “ HOW TO PREPARE FOR UPCOMING EXAMS RIGHT FROM THE BEGINNING WHEN U ENTER THE PROFESSIONAL COURSE” like CA , CS, CWA, and many others.HAVE A LOOK. 1 Study from ICAI / ICSI / ICWAI MODULES for all su
I was of the opinion that the technological advancements and the schemes like MCA providing for on-line corporate filing, will be of help to the corporates.
Which new services have been brought under the ambit of Service Tax with effect from May 8, 2010, i.e. the date of enactment of the Finance Act, 1994 (14 of 2010)? The Union finance minister had introduced the Finance Bill, 2010 in the Lok Sabha on
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