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Highlights of the UNION Budget 2016 The thrust of tax proposals this year falls in nine categories:- Relief to small tax payers. Measures to boost growth and employment generation. Incentivizing domestic value addition to help Make in India. Measures for moving towards a pensioned society. Measures for promoting affordable housing.…

Mandatory Compliances for a Private Limited Company in India as per companies Act 2013: Although Private Limited Company is the most popular form of starting a business, there are various compliances which are required to be followed once your business is incorporated. Adidas Yeezy Boost 750 Managing the day to…

Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 (“the Act”) We have audited the internal financial controls over financial reporting of XYZ Limited (“the Company”) as of 31 March 2016 in conjunction with our audit of the standalone…

Rules regarding quoting of PAN for specified transactions amended The Government is committed to curbing the circulation of black money and widening of tax base. To collect information of certain types acheter viagra of transactions from third parties in a non-intrusive manner, the Income-tax Rules require quoting of Permanent Account…

Government takes various steps in last two years to curb the menace of Black Money both within and outside the country. The present Government has taken various decisions and steps to curb the menace of black money both within and outside the country in last two years. Tangas Calvin Klein…

Reporting On Internal Financial Controls System And Its Operating Effectiveness Clause (e) of Section 134(5) of the Companies Act, 2013 requires that The Directors’ Responsibility Statement referred to in clause (c) of sub-section (3) shall state that— (e) the directors, in the case of a listed company, had laid down…

  Clarification regarding place of removal – reg. Attention is invited to Circular No. Calvin Klein Boxer Hombre 988/12/2014-CX dated 20.10.2014 issued from F. No. 267/49/2013-CX.8 on the above subject wherein it was clarified that the place of removal needs to be ascertained in terms of provisions of Central Excise…

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…

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…

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…