Future of Accountancy Profession Accountancy profession will face significant challenges in coming times with the evolving technologies, globalization and new form of regulations. Along with tough challenges come exciting opportunities… Read More
CORPORATE AND PROFESSIONAL UPDATES 8TH MARCH 2018 Direct Tax: Under section 57(iii) of the Act, only those expenditure are to be allowed which are related to earning of income from… Read More
RWA- Association is responsible for supervising the occupants' everyday problems, arranging events, supervising facilities in the apartments and houses, and also representing the members where necessary on issues related to… Read More
Elements & sign of Financial Statements of company What is Financial Statement? Financial elements of a financial statement are broadly classified into five categories. These are grouped according to the… Read More
Corporate and Professional updates 7th March 2018 Direct Tax: Under section 57(iii) of the Act, only those expenditure are to be allowed which are related to earning of income from… Read More
Corporate and Professional updates 6th March 2018 Direct Tax: ITAT upholds Revenue's plea that assessee (a private limited company & engaged in real estate business) received high share premium as a… Read More
Quick review on Insolvency and Bankruptcy code The meaning of Insolvency and Bankruptcy is not the same. “Insolvency” means the situation where an entity (the debtor) cannot raise enough… Read More
CORPORATE AND PROFESSIONAL UPDATES 5Th MARCH 2018 Direct tax CBDT has decided to give a last chance to persons who have not filed income tax returns for the last two… Read More
Direct Tax: 10(23C) is independent of sec. 11; relief to trust available even if sec. 10(23C) conditions not complied with- Charging of fees is a part of receipt during course of… Read More
Direct Tax: 153A proceedings not restricted to those materials which were already available with dept. before search -Where pursuant to search and enquiry unaccounted consideration from purchaser had been unearthed,… Read More