VAT 15 – Rule 21 of RVAT Act 2003 RULE 21 OF THE RAJASTHAN VALUE ADDED TAX RULES ,2006 DECLARATION FORMS RVAT Act other than VAT 47 and VAT 49, as these declaration forms has already been discussed in detail in another separate article. VAT 15 :- The rules provides that if a dealer sale […]
Bonds, how to choose in falling interest rate regimes? Bonds and debentures are terms used interchangeably; both represent long term fixed income securities. The cash flow stream (in form of interest and principal) as well as the time horizon (i.e. the date of maturity) are well specified and fixed. Bond returns can be calculated in […]
Cloud Computing: Meaning and characteristics A report by Gartner Inc reflected that cloud computing will constitute the bulk of IT spending by 2016. In India alone, it is predicted that the cloud market will reach over $3 billion by next year—an almost five- fold increase from 2012. Cloud Computing: Meaning and characteristics
Provisions relating to MD / WTD as per companies act, 2013 Section 152(2): Save as otherwise expressly provided in this Act, Every Director shall be appointed by the company in general meeting. Section 170(2): A return containing such particulars and documents as may be prescribed, of the directors and the key managerial personnel shall be […]
Budget proposals relating to income tax return The Finance Minister has proposed some changes in the provisions relating to income tax returns. Let us discuss these provisions. Provisions relating to filing of income tax returns At present, an Individual or an HUF has to file its income tax return, before the due date which is […]