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Highlights of Companies (Amendment)Act, 2015

The government has notified amendments to the Companies Act, Comprar Bikini Calvin Klein which makes it easier to do business and provides for stricter penalties for fraud cases. The amendments, which were passed by Parliament earlier this month, have been made to the Companies Act, 2013, mainly to deal with…
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Accounting Standard (AS) 16 Borrowing Costs

Accounting Standard (AS) 16 Borrowing Costs Objective The objective of this Standard is to prescribe the accounting treatment for borrowing costs. Scope This Standard should be applied in accounting for borrowing costs. This Standard does not deal with the actual or imputed cost of owners’ equity, including preference share capital…
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Direct Tax Recent Case Laws and Judgements

Supreme Court / High Courts Ss. Tangas Calvin Klein Baratos 22, 28 Business income from letting of premises to be taxed as business income The appellant-assessee is a company incorporated under the Indian Companies Act with its main objective, as stated in the Memorandum of Association, is to acquire the…
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Income Tax

High Level Committee To Probe MAT Taxation Of Foreign Companies & FIIs Formed The Ministry of Finance has issued a press release stating that a High Level Committee (HLC) Headed by Justice A.P. Shah on Direct Tax Matters has been constituted. T Shirt Dsquared Pas Cher The Committee consists of…
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