Related party transactions (RPTs) have been a contentious issue in the corporate world, especially in the private limited companies. These transactions are transactions between a company and its related parties, such as directors, key managerial personnel, and their relatives.
As you are aware that the amendment in Hindu Succession Act, 1956 in year 2005 is a revolutionary amendment, which has changed the whole criteria of holding of properties in Hindu Families. First time the constitution acknowledged the equal rights of daughter on equal footings with the son. The amendment act has also taken care of widows of Hindu Families.
MCA has issued a General Circular No 04/2023 on 21st Feb 2023 subject to extension for the time of filing of 47 forms on MCA V3 without additional fees.
Unclaimed dividends refer to the amount of money that has been declared as dividends by a company but has not been claimed by shareholders for a certain period of time.
Through this write up changes in domestic taxation will be articulated keeping in mind the Supreme Court judgment's impact in the Income –Tax Act(''ACT") and Income tax Rules(''Rules").
In this article, we will take a closer look at the UPI payment facility for international travellers visiting India, including who can avail of the facility, where it will be available, how it will work, and what the RBI had proposed in its Statement on Developmental and Regulatory Policies dated February 8, 2023.
A charitable trust derived its income from the business of providing mineral water to various companies situated in Software Technology Park in Hyderabad. A sum of Rs. 30 Lakhs has been derived as income from such business activity, which has been applied for the purpose of "General Public Utility".
For the best of human relationship accept the people as they are
Your CIBIL score is a measure of your creditworthiness and it plays a crucial role in determining your ability to get credit in the future.
Saving is an essential part of our life which must be learned by youngsters because this is the time when our requirement list is huge but after purchasing everything, we lose our money and feel nothing.
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