FOREIGN SUBSIDIARY COMPANY A foreign subsidiary is any company, where 50% or more of its equity shares are owned by a corporation that's incorporated in another foreign nation. The said foreign company in such a… Read More
Corporate tax Update for the Month of October third week INCOME TAX ACT SECTION 2(22) DEEMED DIVIDEND Loans or advances to shareholder : Where current account transactions between two group… Read More
Company Law: CORPORATE TAX FREQUENTLY ASKED QUESTIONS Query: Whether independent directors shall be included in the total number of directors for the purpose of sub-section (6) and (7) of section 152… Read More
AUDIT WORK & CERTIFICATION WOULD NOT COME WITHIN THE REALM OF FTS In a recent ruling, the ISO Certification fee paid by Indian companies to Non-Resident can't be treated as… Read More
Corporate tax Update for the Month of Second week INCOME TAX ACT SECTION 2(22) DEEMED DIVIDEND Loans or advances to shareholder : Where current account transactions between two group companies were… Read More
Key Take Always From The Round Table On Tax Reforms Collection of taxes alone is not enough, it is also important that it is collected in a reasonable manner, without… Read More
Corporate tax Update for the Month Of October Second week Company Law: Query: In case the appointment of an auditor is not ratified by the shareholders at annual general meeting as… Read More
Corporate tax Update for the Month of October first week DIRECT TAXES: TDS liability on advertisement - There is no contract between the assessee and these two payee firms for… Read More
Corporate tax Update for the Month of October First week India, US set anti-tax evasion deal in motion Oct 01, 2015 India has sent the first set of information about… Read More
Corporate tax Update for the Month No action against black money declarants under FEMA: RBI Oct 2, 2015 With the compliance window for declaration of offshore assets ending on September… Read More