Learning

Savvy Midha

11 Sep, 2019

Section 194-IA is effective from 1st June 2013 on the sale/ purchase of immovable property. A buyer of immovable property at the time of making payment of...

Savvy Midha

24 Sep, 2019

Income Tax Act, 1961 includes the provisions for taxation of any kind of income earned by an individual. Major heads for the categories of income for tax a...

Savvy Midha

13 Jul, 2021

With effect from 1st April 2017, a new section - 44ADA was introduced for simplifying the tax compliances of small professionals. Section 44ADA was introdu...

Priyanka Bajpayee

12 Sep, 2019

In India, like any other companies which are managed by Indian people and entities, the foreign subsidiaries are also required to maintain strict and perfe...

Narendra Kumar

10 Sep, 2019

In the Companies Act, 2013 the concept of the Dormant Company[1] was introduced under section 455. Dormant means inactive or inoperative company. The main...

Shailza Sharma

31 Dec, 2020

Reserve Bank of India by exercising its power conferred under section 45k, 45L and 45M of the RBI Act, 1934 issued a master direction to monitor the fraud...

Tanya Verma

11 Nov, 2019

Appointment of Auditors in a company is a necessary compliance for all types of companies. An auditor is a person appointed by a company to execute audits....

Akash Dubey

10 Sep, 2019

“Capital is the backbone of every business” – The quote digs into the importance of capital for the existence of a business entity. Capital is the ut...