Download or read book Taxmann s Companies Act 2013 POCKET Edition Most authentic comprehensive book covering amended updated annotated text of Companies Act 2013 in a handy format written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-01-25 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the most authentic & comprehensive book, in a small & handy format, on the Companies Act 2013. It covers the amended, updated & annotated text of the Companies Act 2013 [as amended by the Companies (Amendment) Act 2020], along with Words & Phrases judicially noticed The Present Publication is the 9th Edition and has been amended upto 25th December 2022. This book is edited by Taxmann's Editorial Board, with the following noteworthy features: • [Taxmann's Series of Bestseller Compact Books] on Companies Act • [Follows the Six-Sigma Approach] to achieve the benchmark of 'zero error' • [Guide/Short Commentary] on the Companies (Amendment) Act, 2020 The contents of the book are as follows: • Companies Act, 2013 o Arrangement of Sections o Annotated text of the Companies Act, 2013, as amended upto date o Appendix I: Companies (Amendment) Act, 2020 o Appendix II: Words & Phrases judicially noticed o Subject Index • Guide to Companies (Amendment) Act, 2020 o Amendments made by the Companies (Amendment) Act, 2020 at a Glance o Guide/Short Commentary on the Companies (Amendment) Act, 2020

Download or read book Taxmann s Taxation of Start ups Investors Focused analysis starting from recognising start ups to their taxation with DPIIT Guidelines IMB Decisions Case Laws etc Finance Act 2023 written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-05-17 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a handy book for the taxation of start-ups & investors, including, but not limited to, the following: • Tax Holiday u/s 80-IAC of the Income-tax Act 1961 • Angel Tax Exemption All topics related to the taxation of start-ups & investors are discussed in light of the following: • Department for Promotion of Industry and Internal Trade (DPIIT) Guidelines • Inter-ministerial Board (IMB) Decisions made in IMB Meetings • Relevant Legal Provisions • Case Laws, including the landmark decision of Raw Pressery (P.) Ltd. vs ACIT [2022] 143 taxmann.com 158 (Mumbai-Trib.) The Present Publication is the 6th Edition and has been amended by the Finance Act 2023. This book is authored by Taxmann's Editorial Board with the following noteworthy features: • [Start-up Ready Reckoner] o Eligibility Ready Reckoner for tax holiday u/s 80-IAC o Compliance Ready Reckoner for turnover-limit linked compliances/exemptions for the following entities: § Private Companies § Limited Liability Partnership § Traditional/General Partnership Firm o Tax Benefits available for DPIIT-recognised start-up private limited companies based on their turnover • [Tabular Format of Tax Holiday for Start-ups approved by IMB] in the following cases: o Grounds of Innovation o Grounds of Scalability o Grounds of Employment Generation or Wealth Creation o Grounds of Improvement in Products • [Detailed Analysis of Finance Act 2023 Amendments] including new provisions regarding taxation & TDS on winnings from online games • [Detailed Analysis with a Specific Focus] on the following topics: o Revised Guidelines for recognition of start-up o Process of IMB Certification for a tax holiday o Options of low tax rate regime u/s 115BAA/115BAB without tax holiday o Relative tax efficacy of various start-up entity forms, such as: § Registered Partnership Form § Limited Liability Partnerships § Private Limited Companies o One Person Company as a start-up entity form • [Case Studies] of acceptance/rejection by IMB of a start-up's application for a tax holiday • [FAQs] are given at the start of the book • [Detailed Analysis of Difference between MSMEs and Start-ups] and benefits available under the MSMED Act, 2006 The detailed contents of the book are as follows: • What is a start-up? • Distinction between start-ups and MSMEs • What is the criteria for recognition of start-ups by DPIIT • Start-ups eligible for DPIIT – Recognition • OPC as a start-up entity • Innovation/scalable business model • Start-up entities not eligible for DPIIT recognition • Sole proprietorships – Whether eligible for DPIIT recognition • Entities formed as a result of amalgamations/mergers/demergers/absorption, whether eligible for DPIIT recognition • Entities formed as a result of compromise/arrangement – Whether eligible for DPIIT recognition • Holding & subsidiary companies – Whether eligible for DPIIT recognition • Joint Ventures – Whether eligible for DPIIT recognition • Entities incorporated outside India – Whether eligible for DPIIT recognition • Entities with foreign shareholding/stake – Whether eligible for DPIIT recognition • Entities formed by splitting up/reconstruction of an existing business – Whether eligible for DPIIT recognition • Entities incorporated with common director/DP/partner – Whether eligible for DPIIT recognition • Procedure for DPIIT – Recognition of start-up • Name change by DPIIT – Recognised start-up entity – Whether permitted • CIN/LLPIN change by DPIIT – Recognised start-up entity – Whether permitted • Conversion by a DPIIT – Recognised entity from one form to another – Whether permissible • Automatically ceasing to be a 'start-up' under LSN • Approvals needed by start-up entities for claiming tax benefits • Tax efficacy of different start-up entity forms – Firms, LLPs & Pvt. Companies • Tax holiday to start-ups under Section 80-IAC • Funding blues of private limited start-up companies • Exemption from 'angel tax' to private limited companies start-ups • Computation of FMV of shares issued when angel tax exemptions is not applicable • Conditions for carry forward or set-off of losses of start-up PLC under section 79 • Deferring TDS or tax payment in respect of ESOP income of employees of eligible start-ups • Tax & TDS on winnings from online games • Mandatory acceptance of payments through prescribed electronic modes if turnover exceeds INR 50 crores – section 269SU • Taxation of investors exiting start-ups

Download or read book Taxmann s Companies Act 2013 written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Taxmann s LLP Law Manual Authentic integrated compendium of annotated amended updated text of the LLP Act along with Rules Circulars Notifications etc Amended by the LLP Amendment Act written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-07-05 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an authoritative compendium featuring India's Limited Liability Partnership Laws' amended, updated, and annotated text. It is organised into four sections: • Limited Liability Partnership Act, 2008 • Limited Liability Partnership Rules • Circulars & Notifications • Foreign Direct Investment in Limited Liability Partnerships This essential resource caters to legal professionals, scholars, and anyone interested in the intricacies of the Limited Liability Partnership Act and its influence on corporate structures in India. The Present Publication is the 13th Edition & amended up to 15th June 2024, edited by Taxmann's Editorial Board, with the following noteworthy features: • [Short Commentary] on the Limited Liability Partnership Act, 2008 • Integrated LLP Rules, Circulars & Notifications, FDI Policy, FEMA Rules o Limited Liability Partnership Rules, 2009, as amended to date o Limited Liability Partnership (Winding up and Dissolution) Rules, 2012 o Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023 o Text of LLP Circulars & Notifications o FDI Policy related to LLPs o Rules & Schedule of FEMA (Non-Debt Instruments) Rules, 2019 • [Taxmann's series of Bestseller Books] on LLP Laws • [Follows the Six-Sigma Approach] to achieve the benchmark of 'zero error'

Download or read book Taxmann s Companies Act with Rules written by and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Taxmann s Guide to Minimum Alternate Tax MAT Alternate Minimum Tax AMT Comprehensive analysis in light of Income tax Act Rules relevant Case Laws written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2022-05-16 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of Minimum Alternate Tax (MAT) & Alternate Minimum Tax (AMT). The Present Publication is the 2nd Edition (2022) authored by Taxmann's Editorial Board. The law stated in this book is amended by the Finance Act 2022, with the following noteworthy features: • [Discussions on Liability/Exemption to/from MAT] is included in this book • [Discussions on Liability to Pay AMT] is included in this book • [Computation of Profit & MAT] is discussed in light of the following: o Income-tax Act 1961 o Income-tax Rules 1962 o Relevant Case Laws • [Clause-wise Analysis of Audit Report in Form 29B] is discussed in this book • [Clause-wise Analysis of Audit Report in Form 29C] is discussed in this book The detailed contents of the book are as follows: • Introduction • Who is liable to pay MAT • Book Profits • Net profit as per profit and loss account • Income-tax paid/payable/provision for income-tax • Amounts carried to reserves • Provisions for unascertained liabilities • Provisions for losses of subsidiary companies • Dividends paid or proposed • Expenditures related to tax-free incomes • Expenditures relatable to the share of income in AOP/BOI • Expenditures relatable to income of foreign company taxable at less than MAT rate • Notional loss of sponsors of REITs and InvITs on the exchange of shares in SPV for units of REIT/InvIT or due to change in the value of units or loss on the transfer of units • Expenditures relatable to royalty income in respect of patents taxable under Section 115BBF • Amount of depreciation • Amount of deferred tax and provision thereof • Amount or amounts set aside as provision for diminution in the value of any asset • Revaluation reserve in respect of assets retired/disposed of • Gain to the sponsor of REIT/InvIT on the transfer of units • Withdrawals from reserves or provisions • Tax-free income under Section 10/11/12 • Share of income from AOP/BOI of which the company is a member • Income of foreign company taxable at less than MAT rate • Notional gain on the exchange of shares of SPV for units of REIT/InvIT & actual gain from transfer of such units • Loss to the sponsor of REIT/InvIT on the transfer of units • Royalty income of patentee – Company taxable under Section 115BBF @ 10% • Unabsorbed depreciation and loss bought forward in case of a company whose board of directors has been suspended by NCLT • Loss bought forward (excluding unabsorbed depreciation) and unabsorbed depreciation in case of a company whose CIRP application has been admitted under the Insolvency and Bankruptcy Code • Loss bought forward or unabsorbed depreciation • Profits of a sick industrial company • Amount of deferred tax credited to profit & loss account • Adjustments to book profit required in case in Ind AS companies • Computation of book profit of the 'resulting company' in case of a demerger • MAT credit • Applicability of audit under section 115JB • Audit Report: Para 1 of Form No. 29B • Audit Report: Para 2 of Form No. 29B • Audit Report: Para 3 of Form No. 29B • Audit Report: Annexure to Form No. 29B

Download or read book Taxmann s Company Law Ready Reckoner Topic wise commentary on 40 topics of the Companies Act 2013 along with relevant Rules Case Laws Circulars Notifications 2024 written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-01-18 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides complete and accurate information about all provisions of the Companies Act 2013. It features a topic-wise commentary on all provisions of the Companies Act 2013. It also includes guidance on all practical issues companies and corporate professionals face, making it an essential resource for corporate professionals and companies. The Present Publication is the 14th Edition & updated till 1st January 2024. This book is authored by Taxmann's Editorial Board with the following noteworthy features: • [Topic-wise Commentary] on 40+ topics of the Companies Act, 2013 • [Analysis of all Provisions of Companies Act] with relevant Rules, Judicial Pronouncements, Circulars and Notifications The contents of the book are as follows • Introduction • Incorporation of a Company • Memorandum of Association • Articles of Association • Capital of the Company • Issue of Securities • Further Issue of Securities • Reduction of Capital and Buy-Back of Securities • Public Issue of Securities • Membership of Company • Transfer of Securities • Nomination and Transmission of Shares • Democracy of Shareholders • Procedure of General Meeting • Directors of Company • Disqualifications and Removal of Director • Restrictions on Directors in Relation to Company • Duties, Rights and Liabilities of Directors • Meeting of Board to Members • Report of Board to Members • Corporate Governance • Restrictions on the Power of the Board • Key Managerial Personnel • Charge on Assets of the Company • Debentures • Public Deposits • Accounts of the Company • Dividend • Financial Audit of Accounts • Cost Audit and Secretarial Audit • Private Companies • Holding and Subsidiary Companies • Companies Licensed under Section 8 • Government Companies • Foreign Company • Other Types of Companies • Miscellaneous Provisions in Company Law • Overview of NCLT Related Issues • Inspection, Investigation, Offences, Penalties • Administration of Company Law • MCA-21 – E-Governance • Procedural Compliances by a Company

Download or read book Taxmann s Taxation of Loans Gifts Cash Credits Comprehensive analysis on undisclosed income gifts of money movable immovable property along with Case Laws Finance Act 2023 written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-05-10 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book comprehensively analyses the provisions relating to undisclosed income, gifts of money & movable/immovable property, along with relevant case laws. The relevant provisions of the Black Money Act and the Benami Property Transactions Act are also discussed. In other words, it analyses the taxability arising from the following: • Undisclosed Income; In light of the Income-tax Act 1961 & Black Money Act provisions. This section also includes: o Case Laws o Ready Reckoner for legal consequences of investments under various laws, depending on the source & nature of income invested and the manner of investment of income • Donee-based Taxation of Gifts of Money received by any Person. This section also includes: o Ready Referencer for relatives to whom gifts may be made without attracting tax in the hands of the recipient • Taxation of Gifts of Immovable Property received by any Person, i.e., the property received without consideration or received for consideration less than stamp duty value. This section also includes: o Ready Reckoner for summarising the tax implications for transferor/donor and recipient/donee of transfers of immovable property • Taxation of Gifts of Specified Movable Property (including jewellery, shares & securities, bullion, work of art, virtual digital assets, etc.) received by any Person. This section also includes: o Ready reckoner for the tax implications for transferor/donor and recipient/donee of transfers of specified movable property The Present Publication is the 12th Edition and has been amended by the Finance Act 2023. This book is authored by Taxmann's Editorial Board with the following noteworthy features: • [Finance Act 2023 Amendments] relating to credits, loans and borrowings are comprehensively discussed • [Ready Reckoners] for possible legal consequences of investment under various laws depending on the following: o Source & nature of Income invested o Manner of investment of income • [Analysis on Shell Companies] which includes the applicability of Section 68 and the Benami Act for monies routed through shell companies discussed in light of relevant case laws • [Taxability of Gifts] is discussed in light of relevant case laws on various aspects such as: o Taxability of cashback, loan waivers and one-time settlement of NPAs by banks in the hands of recipients o Taxability of freebies given by pharma companies to doctors o Taxability of bonus shares and rights shares received by shareholders o Taxability of awards and rewards to Olympic heroes o Taxability of gifts to brand ambassadors o Taxability of family settlements o Taxability of alimony received The detailed contents of the book are as follows: • Undisclosed Income o Scheme of Taxation of Undisclosed Income Covered By Sections 68 to 69D o Voluntary Disclosure of Undisclosed Income o Detection of Undisclosed Income by Department o Cash Credits under Section 68 o Loans, Borrowings, Deposits and Such other Amounts – Whether and When Treated as Unexplained Cash Credits o Share Application Money/Share Capital/Share Premium in case of Closely Held Companies – When Unexplained Cash Credit o Share Application Money/Share Capital/Share Premium in Case of Widely Held Companies – When Unexplained Cash Credit o Whether Capital Gains from Shares Taxable under Section 68? o Deposits from Tenants – Whether and When Unexplained Cash Credits o Credits In Firm's Books – When Unexplained Cash Credits o Sundry Creditors/Trade Creditors – When Unexplained Cash Credits o Anonymous Donations Received by a Trust o Unexplained Investments under Section 69 o Unexplained Investment In Lottery Tickets o Additions under Section 69 based on Stock Statements submitted to Banks o Unexplained Money, Bullion, etc. – Section 69A o Amount of Investments etc. Not Fully Disclosed in Books – Section 69B o Unexplained Expenditure etc. – Section 69C o Amount Borrowed or Repaid on Hundi – Section 69D • Doneee-Based Taxation of Gifts of Money Received by any Person o Donee-Based Taxation of Gifts o Taxability of Gifts of Sums of Money Received o Receipt of Sums of Money o Sum of Money Received without Consideration o How to Compute the Limit of INR 50,000 o Tax-exempt Gifts o Any Person or Persons • Taxation of Gifts of Immovable Property Received by any Person o Immovable Property – Scope of this Term o Conditions for Taxability of Gifts Received of Immovable Properties o Date of Receipt of Immovable Property o Received without Consideration or for a Consideration Less than SDV o Valuation of the Immovable Property Received o How to Compute the Limit of INR 50,000 for Gifts Of Immovable Property Received o Computation of Capital Gains on Transfer of Immovable Property Taxed as Gift • Taxation of Gifts of Movable Property Received by any Person o 'Property' (Other than Immovable Property, i.e., Movable Property) o Conditions for Taxability of Movable Property Received Without Consideration or for Consideration below FMV o Date of Receipt of Shares and Securities, Jewellery, etc. o Movable Property Received Without Consideration/for Consideration Less than FMV o Determination of Fair Market Value o Taxation of Shares and Securities Received o Valuation of Jewellery o Valuation of Artistic Work o Valuation of Bullion o How to Compute the Limit of INR 50,000 for Movable Property Gifts

Download or read book Taxmann s Budget Guide 2023 24 Comprehensive commentary on proposed provisions of the Finance Bill 2023 covering Direct Tax Laws Indirect Tax Laws and Corporate Allied Laws written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-02-04 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a commentary on the proposed provisions of the Finance Bill 2023. It consists of three divisions: • Direct Tax Laws (13+ Chapters | 80+ Sub-Topics) • Indirect Tax Laws (3+ Chapters | 20+ Sub-Topics) • Corporate & Allied Laws (1 Chapter | 3+ Sub-Topics) All complex provisions have been explained with illustrations which helps the readers to comprehend the new provisions in a simplified manner. The Present Publication is the 2023 Edition, authored by Taxmann's Editorial Team. The noteworthy features of the book are as follows: • Income-tax Proposed Amendments at a Glance • [Tax Rates] applicable for the assessment year 2024-25 • [Threadbare Analysis] on all proposed amendments • [Examples/Illustrations] to understand all complex provisions • [Charts & Tables] to get an overview of the provisions The coverage of the book is as follows: • Direct Tax Laws o Tax Rates Reckoner § Tax Rates § Rates of Surcharge § When should one opt for the alternative tax regime? § Concessional Tax Rates to promote new manufacturing Cooperative Societies § Winnings from Online Games o Taxation of Life Insurance Policies § Concept and Type of Life Insurance § Current Tax Provisions § Proposed Amendments § Analysis of amendments proposed in Section 10(10D) § Overview of tax on various Life Insurance Policies o Charitable and Religious Trusts § Introduction § Direct Grant of Regular Registration or Approval § Application for Provisional Registration or Approval § Deduction for Donation to Other Trusts § No Benefit of Rollback of Exemption Provisions § No Benefit of exemption provisions by filing an updated return of income § Time limit for filing form for accumulation of income § Incomplete or false information in the registration application can attract cancellation of registration/approval § Provisions of accreted tax extended to trusts not applying for re-registration or re-approval § Treatment of application out of corpus, loans or borrowings o Income from Business or Profession § Increase in the Threshold for Audit [Section 44AB] § Clarification about Benefits or Perquisites may be in cash or in-kind [Section 28(iv)] § Relaxation in the conditions to claim a deduction for preliminary expenses [Section 35D] § More expenses are added to the list of deductions allowed on a payment basis [Section 43B] § Categorisation of NBFC [Section 43D] o Capital Gains § Maximum Exemption under Section 54 or Section 54F shall not exceed Rs. 10 Crores § Exemption on conversion of gold to electronic gold receipts and vice versa § No double deduction for interest on housing loan § Cost of acquisition and cost of improvement of an intangible asset shall be nil § Special provisions for taxation of capital gains from market-linked debentures § Rationalising meaning of consideration in JDA transactions § Tax Incentives to IFSC [Section 47(viiad)] o Other Income § Expanding the scope of deeming provisions to gifts received by not-ordinary residents [Section 9] § Angel Tax on receiving excess share application money or premium from non-resident investors § Sum received from business trust to be taxable as residuary income o Carry Forward and Set Off of Losses § Relief to start-ups in carrying forward and setting off of losses [Section 79] § Facilitating certain strategic disinvestment [Section 72A and Section 72AA] o Deductions and Exemptions § Tax benefits to persons enrolled under Agnipath Scheme § Extension in the outer date for the incorporation of Start-up company [Section 80-IAC] § Regulation of Alternative Investment Funds § Eliminate double taxation of non-residents' income from offshore derivatives instruments § Exemption for news agencies under Section 10(22B) withdrawn § Return filing and timely inward remittance of proceeds for Section 10AA exemption § Removal of certain funds from Section 80G deduction § Removal of redundant provisions § Exemptions to income of development authorities o TDS/TCS § Relief from special provisions from a higher rate of TDS/TCS for non-filers of Income-tax returns [Section 206AB and Section 206CCA] § Increase in the rate of TCS on certain remittances § TDS rate on payment of EPF withdrawal reduced where PAN of EPF holder isn't available § Deduction of tax at source from winnings from online games § Removal of exemption from TDS on payment of interest on listed debentures to a resident § Applicability of threshold limit in case of TDS on winning from lottery, crosswords or horse races § Raising the limit for cooperative societies to take out cash without TDS § Clarificatory amendment in Section 194R § Benefit of treaty rate the time of TDS under Section 196A § Lower/Nil TDS certificate can be obtained for income received from the business trust o Assessments § Rationalisation of the limitation period of completion of an assessment § Inquiry for valuation of inventory § Set off and withholding of refunds in certain cases § Assistance to an authorised officer during search and seizure § Rationalisation of reassessment provisions § Modification in assessment – Relief for sugar cooperatives § TDS credit for income disclosed in past years' ITR o Penalties and Prosecutions § Account holders to pay the penalty for misreporting in SFTs § Penalty and prosecution if the deductor fails to 'ensure payment of TDS' § Insertion of sunset clause under Section 276A § No appeal against the order denying immunity from the penalty for under-reporting of income o Appeals § Appeal can be filed to the ITAT against the penalty order passed by the CIT(A) § A new appellate authority of the Joint Commission (Appeals) is introduced § Extension of time limit for disposing of pending rectification applications by the interim board of settlement [Section 245D] o Transfer Pricing § Business transactions with cooperative societies within the ambit of specified domestic transaction § Ten days time period to furnish transfer pricing report o Miscellaneous § Exclusion of NBFC from Thin Capitalisation § Uniform methodology for valuation of residential accommodation to employees § Adjusting advance tax in computing interest for updated return under Section 234B § Amendments in penalty provisions related to cash loans/transactions against primary cooperatives • Indirect Tax Laws o Goods and Services Tax Act § Proposal to allow composition dealers and unregistered dealers to affect the supply of goods through ECOs § Proposal to reverse ITC or pay tax on non-payment to vendors within 180 days § Value of exempt supply under Section 17(3) is proposed to include the supply of goods from bonded warehouse § Proposal to block ITC on CSR expenditure under Section 17(5) § Provisions of non-requirement of registration is proposed to be given overriding effect § Filing of GST Returns/statements proposed to be restricted to a maximum period of 3 years § Proposal to align provisional refund provisions with the present scheme of self-assessed ITC § Proposal to provide the manner of computation of period of delay for calculation of interest on delayed refunds § Imposition of penalty on ECO for furnishing incorrect information § Proposal to decriminalise certain offences under the GST law § Proposal to increase the threshold limit for prosecution to Rs. 2 Crores § Amendments proposed in the provisions relating to the compounding of offences § Proposal to insert a new Section for allowing consent-based sharing of information furnished by taxable person § Proposal to give retrospective effect for inclusion of in-bond sales and High Sea sales under Schedule III § Proposal to amend the definition of OIDAR services and non-resident taxable persons § Specific place of supply provisions for services of transportation of goods outside India is proposed to be omitted o Central Sales Tax Act § CESTAT is Proposed to Function as Authority to Settle Inter-State Disputes under CST Act o Customs Law § Proposal to exclude specified conditional exemption notifications from a validity period of 2 years § Proposed time limit of 9 months from the date of filing applications for passing final order by Settlement Commission § Retrospective amendments in the provisions relating to Anti-Dumping Duty, Countervailing Duty and Safeguard Measures o Customs Tariff and Central Excise Duty § Customs Duty Rate Changes § Changes in Central Excise Duty • Miscellaneous o Corporate & Allied Laws § Amendment to the Indian Stamp Act, 1899 § Amendment to the Prohibition of Benami Property Transaction Act, 1988 § Amendment to the Securities Contracts (Regulation) Act, 1956 § Amendment to the Government Savings Promotion Act, 1873

Download or read book Taxmann s TDS Ready Reckoner Covering detailed analysis on provisions of TDS TCS along with Alphabetical TDS Reckoner TDS Charts Illustrations etc Finance Act 2023 written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-04-06 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a ready referencer for all sections of tax deducted at source (TDS) and tax collected at source (TCS) of the Income-tax Act. All provisions of TDS and TCS are covered in independent chapters with prominent headings for pinpointed discussions on all aspects of the law and its compliance. The key highlights of this book are as follows: • Alphabetical Reckoner of transactions for TDS/TCS/SFT • TDS Charts The Present Publication is the 29th Edition and has been amended by the Finance Act 2023. This book is authored by Taxmann's Editorial Board and divided into four divisions, namely: • Introduction • Tax Deduction at Source • Tax Collection at Source • Statement of Financial Transactions The key features of the book are as follows: • [Detailed Analysis] of TDS and TCS provisions, including the new section 194BA (providing TDS on winnings from online games introduced by the Finance Act 2023) • [Tabular Format] to provide an overview of all provisions of TDS and TCS • [Information on all Interconnected Provisions] are provided in a single place • [Complete Analysis of the Rules] prescribed in respect of TDS and TCS • [Illustrations] for easy understanding of various complex provisions • [Guidance on the Controversial Issues] with supporting Case Laws • [Circulars and Notifications] are linked with the relevant provisions • [Forms] required for meeting compliance requirements The detailed contents of the book are as follows: • Introduction o Overview of TDS/TCS Provisions • Tax Deduction at Source o TDS from Salaries o Deduction of Tax at Source from Employees' Provident Fund Scheme o Deduction of Tax at Source from Interest on Securities o Deduction of Tax at Source from Dividends o Deduction of Tax at Source from Interest other than Interest on Securities o Deduction of Tax at Source from Winnings from Lottery or Crossword Puzzles, etc. o Tax on winning from Online Games o Deduction of Tax at Source from Winnings from Horse Races o Deduction of Tax at Source from Payments to Contractors/Sub-Contractors o Deduction of Tax at Source from Insurance Commission o Payment in respect of Life Insurance Policy o Deduction of Tax at Source from Payments Qua Deposits under NSS o Deduction of Tax at Source from Payments on Account of Repurchase of Units by Mutual Funds or Units by UTI o Deduction of Tax at Source from Commission on Sale of Lottery Tickets o Deduction of Tax at Source from Commission or Brokerage Payments o Deduction of Tax at Source from Rent Payments o Deduction of Tax at Source from Payment on Transfer of Certain Immovable Property o Deduction of Tax at Source from Rent Payments in Certain Cases o Deduction of Tax at Source from Joint Development Agreement o Deduction of Tax at Source from Fees for Professional or Technical Services o Deduction of Tax at Source from Income from Units o Deduction of Tax at Source on Payment of Compensation on Acquisitions of Certain Immovable Property o Income from Units of a Business Trust o Income from Units of an Investment Fund o Income from Investment in Securitisation Trust o Deduction of Tax at Source from Payments by Individual/HUF o Deduction of Tax at Source from certain Payments in Cash o Deduction of Tax at Source from Payments by E-Commerce Operator to E-Commerce Participant o Deduction of Tax at Source in case of Specified Senior Citizens o Deduction of Tax at Source on Payment of Certain Sum for Purchase of Goods o Deduction of Tax on the benefit of Perquisite in respect of Business or Profession o Deduction of Tax on Payment on Transfer of Virtual Digital Assets o Deduction of Tax at Source from Payments to Non-Residents o Deduction of Tax at Source from Income in Respect of Units of Non-Residents o Deduction of Tax at Source from Income from Units Payable to Off-Shore Funds o Deduction of Tax at Source on Income from Foreign Currency Bonds or Global Depository Receipts of Indian Companies o Deduction of Tax at Source from Income of Foreign Portfolio Investor from Securities o General Exemptions from Deduction of TDS o Certificate for Deduction of NIL/Lower TDS o Non-Deduction of Tax based on Self Declaration of Deductee in Form 15G/Form 15H o Credit for TDS [Section 199 Read with Rule 37BA] o Deposit of TDS Deducted with Central Government (Section 200/Rule 30) o Filing of TDS Returns (Section 200(3)/Rule 31A) o TDS Certificates o Requirement on Payee to Furnish PAN/Aadhar Number for TDS (Section 206AA/Rule 37BC) o Special Provisions for Deduction of Tax at Source for Non-Filers of Income-Tax Return o Quarterly Returns by Banks to Report Interest Payments (Section 206A) o Consequences of Default in Obligations Relating to TDS • Tax Collection at Source • Statement on Financial Transactions

Download or read book Taxmann s Analysis Key Observations from NFRA Order for Professional Misconduct written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-06-28 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Financial Reporting Authority (NFRA) has censured an Institute of Chartered Accountants of India (ICAI) member for negligence and misconduct. Key points: • Violation of AS 11 – The company didn't recalculate its foreign loan with the closing rate, keeping the book value instead • Non-disclosure of Impacts – The auditor didn't think the unadjusted foreign loan mattered, so didn't disclose it. NFRA found no workpapers showing how this decision was reached • Incorrect Lease Accounting – The firm treated unpaid lease receivables as fixed assets, ignoring AS 19 rules • Missing Depreciation Information – Adjustments, additions, or deductions in the gross block and depreciation for the previous year were not disclosed • Non-disclosure of Outstanding Receivables – Trade receivables outstanding over six months weren't disclosed, breaching Schedule III The issues, noted by NFRA in its 12.06.2023 order, demonstrate the auditor's severe lack of due diligence.

Download or read book Taxmann Advisory s Strengthening Anti Money Laundering Measure An In Depth Analysis of the Recent Amendment to PMLA written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-05-15 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document analyses recent amendments to India's Prevention of Money Laundering Act (PMLA), intended to bolster anti-money laundering (AML) measures. The Central Government broadened the act's scope to include new reporting entities: company directors and secretaries, firm partners, express trust trustees, and nominee shareholders. They are now required to report certain business activities, thereby contributing to the effort against money laundering. Particular attention is drawn to five areas: • The term "formation agent" now applies to individuals involved in incorporating companies and limited liability partnerships (LLPs), subject to PMLA provisions. Ambiguities remain around the term's precise definition. • People acting as directors, secretaries, or firm partners must adhere to PMLA obligations, including maintaining financial transaction records, verifying clients, and reporting suspicious transactions. • Commercial property owners providing registered office or business addresses for a company, LLP, or trust are now reporting entities under the PMLA. Some exemptions apply for lease-related activities. • Trustees of express trusts face increased scrutiny and potential compliance costs as they fall under PMLA purview, requiring stringent reporting and monitoring systems. • Nominee shareholders must disclose the ultimate beneficial owner's identity, increasing transparency in share ownership. However, certain activities are exempt from PMLA purview, like employee activities for their employers and activities carried out by certain professionals. These amendments aim to enhance AML measures by expanding reporting requirements and accountability, confronting money laundering and terrorist financing more effectively. However, they also bring increased compliance obligations for various entities.

Download or read book Taxmann s Companies Act with Rules written by and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Principles of Management written by David S. Bright and published by . This book was released on 2023-05-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Black & white print. Principles of Management is designed to meet the scope and sequence requirements of the introductory course on management. This is a traditional approach to management using the leading, planning, organizing, and controlling approach. Management is a broad business discipline, and the Principles of Management course covers many management areas such as human resource management and strategic management, as well as behavioral areas such as motivation. No one individual can be an expert in all areas of management, so an additional benefit of this text is that specialists in a variety of areas have authored individual chapters.

Download or read book Capital in the Twenty First Century written by Thomas Piketty and published by Harvard University Press. This book was released on 2017-08-14 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

Download or read book The Everything Store written by Brad Stone and published by Little, Brown. This book was released on 2013-10-15 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authoritative account of the rise of Amazon and its intensely driven founder, Jeff Bezos, praised by the Seattle Times as "the definitive account of how a tech icon came to life." Amazon.com started off delivering books through the mail. But its visionary founder, Jeff Bezos, wasn't content with being a bookseller. He wanted Amazon to become the everything store, offering limitless selection and seductive convenience at disruptively low prices. To do so, he developed a corporate culture of relentless ambition and secrecy that's never been cracked. Until now. Brad Stone enjoyed unprecedented access to current and former Amazon employees and Bezos family members, giving readers the first in-depth, fly-on-the-wall account of life at Amazon. Compared to tech's other elite innovators -- Jobs, Gates, Zuckerberg -- Bezos is a private man. But he stands out for his restless pursuit of new markets, leading Amazon into risky new ventures like the Kindle and cloud computing, and transforming retail in the same way Henry Ford revolutionized manufacturing. The Everything Store is the revealing, definitive biography of the company that placed one of the first and largest bets on the Internet and forever changed the way we shop and read.

Download or read book Taxmann s Companies Act written by India and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: