CAclubindia Articles

Concept of "Safe Harbour Rules" under Income Tax Act 1961

FCS Deepak Pratap Singh 11 April 2022 at 08:45

Base erosion and profit shifting (BEPS) refers to corporate tax planning strategies used by multinationals to "shift" profits from higher-tax jurisdictions to lower-tax jurisdictions, thus "eroding" the "tax-base" of the higher-tax jurisdictions.

Box-Office Collections

CA Ranganatha Achar K 08 April 2022 at 14:57

As a Chartered Accountant and having my feet firmly on the ground about the costs I used to always feel that the producer of the movie tends to increase the Production cost and Revenue generated by the movie for an entirely different cause and could be a clear case of money laundering either single-handedly or with a group of Investors.

Why SlideTeam Is the Best Option for Accountants to Make Stunning PPTs

Suhasini 08 April 2022 at 14:26

There was a time when accountants were considered nothing more than number-crunchers. But over the years, their role has evolved and grown. Today, the accountants not only play with numbers but also provide valuable insights and guidance that help businesses thrive.

Key amendments made in EPS Scheme so far

CS Lalit Rajput 08 April 2022 at 09:09

The Central Government had launched Employees' Pension Scheme, 1995 in exercise of the powers conferred by Section 6A of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952).

SC: Collective Investment Scheme floated by a private trust is illegal

FCS Deepak Pratap Singh 08 April 2022 at 09:03

From the discussion and the decision of the Apex Court,it is clear that according to the statutory scheme a collective investment scheme can only be floated by a person in the form of a collective investment management company and not in any other form and this is why, under sub-section 2 of Section 11AA, the term “company" is used instead of "person."