It will be our pleasure to draft you FAQ based on interview of Dr. MK Bhatt, Renowned Income tax practitioner in Delhi ( Associate Member (ACS) of the Institute of Company Secretaries of India (ICSI),Law Graduate (LLB),Master of Business Administration (MBA) in Finance,He has been
So many of us dream of leaving our jobs to start our own gig. It sounds fascinating and gives you that kick inside the heart. Many of us are luckier to give it a chance and start our own consultancy. First feeling we have about
EXECUTIVE SUMMARY In conducting an audit of financial statements, the overall objectives of the auditor are: (a) To obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, thereby enabling the auditor to
KrishiKalyanCess‟ (“KKC”) to be levied at 0.5% on the value of all taxable services w.e.f. June 1, 2016. Facts about KKC:- Applicable to services taxable under reverse charge also Not leviable on exempted services Credit available only for payment of KKC SEZ units entitled to
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Many of qualified CA’s have this dilemma If I should start my practice or job is better. How I can grow my CA practice? What I need to provide the quality services to my clients. How I will be able to retain my employees in
Citation:- Mega Cabs Pvt. Ltd. Versus Union of India & Ors. – 2016 (6) TMI 163 – DELHI HIGH COURT | No :- W.P.(C) 5192/2015 & CM No. 9417/2015 | Dated.- June 3rd, 2016 Major Issues to be Decided:- a) Whether Section 94(1) read with Section
Brief Introduction 1. Section 132(1) of the Income-tax Act can be invoked by the Commissioner ofIncome-tax or Chief Commissioner or Director General or Director or any other authorized Additional or Joint Director or Commissioner if “in consequence of information in his possession” he “has reason
Brief Background:- Vide CBDT Instruction no. 1916 dated 11-05-1994, it has been clarified that no seizure should be made by the Search Party of the Jewellery and Ornaments found during the course of search proceedings under Section 132, where the same have been duly declared
