Implications of reporting incorrect Deductees /PAN in TDS Statements & delayed correction Many deductor file TDS filed correction statements, which include updations from Valid to Valid PANs, after a significant […]
CBDT notifies new Wealth Tax Return Form & Rules for Online Filing
CBDT notifies new Wealth Tax Return Form & Rules for Online Filing CBDT has vide notification No. 32/2014 dated 23.06.2014 prescribed new Wealth Tax Return Form BB wef A.Y. 2014-15 […]
MCA initiates step to restore heydays for Private companies: issues draft notification for public comments
MCA initiates step to restore heydays for Private companies: issues draft notification for public comments Ministry of Corporate Affairs published a “Draft Notification” on 24th June, 2014 which, by far […]
Be Alert! Companies watch out provisions of loans & deposits or else repay it!
Be Alert! Companies watch out provisions of loans & deposits or else repay it! Arjuna (Fictional Character): Krishna, many companies are worried, as they will have to submit new return […]
Applicability of Wealth tax is on making charges of jewellery
Applicability of Wealth tax is on making charges of jewellery . Whether wealth tax leviable on the making charges of the jewellery? – A Detailed Analysis Under the scheme of […]
Transfer Pricing Concept – Born Out of Conflicts
Transfer Pricing Concept – Born Out of Conflicts This article examines the inter relationship between Transfer Pricing, Entity’s Tax and Financial Reporting. Due to increasing transfer pricing scrutiny, it is […]
Deciphering DPT-3 and DPT-4
Deciphering DPT-3 and DPT-4 Applicability of Form DPT-3: A read through the provisions of Section 73 of the Companies Act, 2013 clearly states that the Companies can accept deposit from […]
Application of AS-22 on AS-19
Application of AS-22 on AS-19 Hello everyone thanks for the appreciation for my last article “why AS 22 is applied”, coming with another article application of AS-22 on AS -19 […]
Disallowance u/s 40(a)(ia) should not be made on the basis of subsequent amendments
Disallowance u/s 40(a)(ia) should not be made on the basis of subsequent amendments The amendment brought in by the Finance Act with retrospective effect, which was passed in the year […]
Sec. 50C AO must refer the valuation to DVO despite no request by assessee
Sec. 50C AO must refer the valuation to DVO despite no request by assessee Presumably, the case of the assessee was that price offered by the buyer was the highest […]