Basic Taste of a Business Design Design
Comment on those associations, as you observe them in equally performs. Opinion on the way the plays were introduced within the versions you’ve seen. Needed, though dull work, like writing an excellent experience with. However monotonous work, for illustration wr
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SAVINGS, SOURCE FOR LENDING – EXPECT INCOME TAX EXEMPTION
MANY OF THE ‘MIDDLCE CLASS’ INDIANS HAVE THE HABIT OF SAVINGS TO MEET THEIR, SUCCESSORS’ FUTURE NEEDS, SINCE WE ARE LIVING UNDER UNSECURE FUTURE CIRCUMSTANCES. THEY WOULD LIKE TO KEEP THEIR SAVINGS IN LIQUID FORM OF CASH, RISK FREE DEPOSITS WITH POSTAL DEPARTMENT, BANKS, FINANCIAL INSITUTIONS SO THAT THEY CAN MEET THEIR NEEDS ON TIME […]
Read MoreECONOMIC REGULATORY AUTHORITY
THE GOVERNMENT SHOULD HAVE INDEPENDENT SUPER REGULATORY AUTHORITY TO DIRECT, GUIDE, MONITER THE MOVEMENT OF MONEY OF THE GOVERNEMT, COMMERCIAL AND INDIVIDUAL OF ALL SOURCES INCLUDING INVESTMENTS, BORROWINGS, EXPENDITURE TO LOOK AFTER FUTURE INTERESTS OF THE NATION. AS PER MY KNOWLEDGE, THERE IS NO EFFECTIVE AUTHORITY WHICH CARRIES ON THE ROLE OF THE SUPER REGULATORY […]
Read MoreISSUE WITH REGARDING PROPOSED COMPANY LAW
I am herewith presenting some of my personal views to be discussed with regarding the proposed Company Law. I. COMPANY LAW The Proposed Company Law has to consider the following issues: FACE VALUE OF SHARES: There should be uniformity face value of forms @ Rs.10/- each and should not have any other face values so […]
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BANKS – MSME UNITS – NPA ISSUES
AT PRESENT BANKS ARE FACING RECOVERY PROBLEMS OF LOANS ISSUED. THE REASONS MAY BE DUE TO LOANS GI VEN TO MANUFACTURING TRADING REVENUE BASESD PROJECTS PERSONAL, HOUSING, VEIHCLES OTHERS. REASONF FOR DEFAULT LONGE PROCESS PERIOD, MORE STOCKS, RECEIVABLES EASY TO SELL, LACK OF MARKET LONGER OERFIRNABCE PERIOD, EXPECTATIONS MAY VARY OWN PERSONAL ARRANGMENT, SOURCES […]
Read MoreTax Deduction at Source-Commission-Discount-SIM Card – S.194H
Description: “Discount” for supply of SIM Card is “Commission” for S.194H is applicable. Vodafone Essar Cellular vs. ACIT (Kerala High Court). Source: 1. www.itatonline.org. 2. AIFTP TIMES. Volume No.11 Nov.2010.Page No.12. Our Comment: Discount on SIM cards is Commission.
Read MoreExpenditure Allowable as Deduction (Section 36)
*** *** ALLOW ABILITY OF EXPENDITURE (SECTION 37) 1. Conditions for allow ability of expenditure: There should be an expenditure of revenue nature incurred during the previous year. The expenditure should not be Capital in nature. It should be incurred in connection with business or profession carried on by the assessee. It should have been […]
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