Corporate Governance Meaning of Corporate Governance: The Institute of Company Secretaries of India Corporate governance is the application of best management practices, compliance of law in true letter and spirit and adherence to ethical standards for effective management and distribution of wealth and discharge of social responsibility for sustainable development of all stakeholders.
Category Archives: Income Tax
Income Tax is the tax which directly levy on income of any personal.Central Board of Direct tax manage all the things related Direct Tax.
Foreign Currency Translation Basic concept of foreign currency translation and its impact on financial statement as per FASB 52. here is giving the overview of its basic concept and it is not the exhaustive view for taking any opinion.
Details of Assets & Liabilities in New ITR Form for A.Y. 2016-17 Requirement of Furnishing Details of Assets & Liabilities in New ITR Form for A.Y. 2016-17 Introduction- The Government has notified the New ITR Forms for the Financial Year ended 31st March 2016. The Income Tax department notified a new set of nine income […]
Amendment in Rule 114H of Income-tax Rules 1962 The Rule 114H of the Income-tax Rules, 1962 (the Rules) has been amended vide Notification No.48/2016 [S.O.2151(E)] dated 20th June 2016.
Tax Audit limit of Rs 2 Crore apply only to presumptive taxation scheme Sub: Threshold Limit of tax audit under section 44AB and section 44AD – clarification regarding Section 44AB of the Income-tax Act (‘the Act’) makes it obligatory for every person carrying on business to get his accounts of any previous year audited if […]