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RELATED PARTY TRANSACTION (As per Guidance Notes on Related Party Transaction) A company, in the course of conduct of its business,...

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FDI in INDIA

FDI When an organization deals with foreign currency, it has to comply with all regulatory requirements. There are requirements fr...

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Applicability of IND AS

1. For Companies other than banks, NBFC, and Insurance companies: ...

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Sovereign Gold Bond

1. What is Sovereign Gold Bond (SGB)? Who is the issuer? SGBs are government securities denominated in grams of gold. They are substitutes for holdin...

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DTVSV (Vivad se Vishwas Scheme 2020)

Objectives of Vivad Se Vishwas Scheme 2020 Reduce income tax pending litigation Generate timely revenues for the Government ...

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Depreciation and Block of Fixed Assets (under Income Tax Act)

Depreciation and Block of Fixed Assets (under Income Tax Act) First of all, let’s understand what is Depreciation. In simpl...

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TDS on payment of Rent by Individual/HUF in Excess of Rs. 50,000 per month

TDS on payment of Rent by Individual/HUF in Excess of Rs. 50,000 per month [Sec- 194-IB] This section is applicable w.e.f 01/06/2017. ...

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