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Non-compete fees paid to key employees at the time of joining is in the nature of "Salary Income"

  FCS Deepak Pratap Singh    23 April 2022 at 11:19

Karnataka HC rules that non-compete fees paid to key employees at the time of joining is in the nature of "salary income".



Sec 10(34A) - Income on account of buyback of unlisted shares - Is it completely tax exempt?

  Rish s    23 April 2022 at 08:57

Sec 10(34A) "any income arising to an assessee, being a shareholder, on account of buyback of shares (not being listed on a recognized stock exchange) by the company as referred to in section 115QA"



A Short Summary on PPF

  Rish s    22 April 2022 at 11:02

All about PPF



Tally - The Accounting Software

  Neethi V. Kannanth    22 April 2022 at 08:12

Tally Accounting is financial software that helps in business financial purposes. It is used for recording the daily business data of a particular company. The name of the business solution is derived from the word “tally", which means to count and keep the record.



Master Direction - RBI (Regulatory Framework for Microfinance Loans) Directions, 2022

  FCS Deepak Pratap Singh    22 April 2022 at 08:12

Master Direction - Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022



GST for social media influencers

  CA Puja Sharma    21 April 2022 at 08:48

Bloggers and social media influencers are categorized as OIDAR - Online Information and Database Access or Retrieval services under GST.



Third Party Insurance deemed to be transferred along with effective control over vehicle in a Hire Agreement

  FCS Deepak Pratap Singh    21 April 2022 at 08:48

If you have bought a second-hand vehicle and got the vehicle registered in your name but have not made any change in the insurance policy, then you will not get the claim if the vehicle meets with an accident.



LIC policyholders are not entitled to dividend from surplus fund

  FCS Deepak Pratap Singh    21 April 2022 at 08:48

THE BOMBAY HIGH COURT has refused ad-interim relief to stall the proposed Initial Public Offering (IPO) by the country's oldest and largest insurer –Life Insurance Corporation of India, with a rider that any IPO before the court finally decides the challenge would be subject to the outcome of the petition.



How to Open a PPF Account Online?

  Neethi V. Kannanth    20 April 2022 at 13:00

The Public Provident Fund (PPF) account is a very popular, long-term investment and savings product. Individuals investing in the account can avail tax benefits as well. A PPF account can be opened at post offices as well as at banks. In order to make the process of opening an account easy, individuals can now open a PPF account online.



Dormant Company: Section 455 of Companies Act 2013 & Companies Miscellaneous Rules 2014

  Rish s    20 April 2022 at 08:48

Section 455 of Companies Act 2013 & Companies Miscellaneous Rules 2014




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