Whether Dividend Can Be Paid In Kind Provision: As per Section 123(5) of Companies Act, 2013 Dividend not be payable except in cash. Dividend: Section 2(35) of the Companies Act, 2013 simply states that “Dividend Includes Any Interim Dividend”. Thus, the definition of dividend under the Companies Act is an inclusive definition.
Service Tax Implications On Land Development Agreements Service Tax implications on Land Development Agreements between landlord and developers In case of a Real estate and construction industry, where due to various political and economical reasons we have seen that there is a sharp downturn being noted in the sale of residential and commercial construction projects […]
Temporary Renting of Garments – Indirect Tax Implications Consumers wanting everything at the drop of a hat, we see a number of new start-ups mushrooming everyday with their unique and ingenuous ideas. We recently met the founderts of one such start-up (“Company”) that made us explore quite an interesting proposition.
What is Advance Tax and how to calculate and pay Advance Tax? What is Advance Tax? Advance Tax is part payment of your tax liability before the end of the financial year. It is also called pay as you earn scheme where the income tax should be paid in the year in which the income […]
Registered valuer: A helping hand to the company The word “REGISTERED VALUER’ has got utmost importance under the companies Act, 2013. It almost covers the 15 areas of the act. In this article, I have tried to elaborate the areas and the valuation of reporting by the Registered Valuer.