Merger and Amalgamation - An Overview
Posted Date : 06-Oct-2011 , 02:46:07 am | Posted By
AKHIL MAHESHWARI
As per Companies Act, 1956
The terms merger and amalgamation have not been defined in the Companies Act, 1956 though this voluminous piece of legislation contains more than 50 definitions in Section 2 of the Act. For the purpose of this act the terms ‘Merger’ and &lsquo...
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Category : Merger & Acquisitions |
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Service Tax Applicability on Apartment Owners Association
Posted Date : 04-Oct-2011 , 11:06:05 am | Posted By
AKHIL MAHESHWARI
In this article we would be going through the provisions of service tax which are relevant to associations.
Introduction
Þ What is meant by Indirect Tax?
Service Tax is an indirect Tax which is received by the se...
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Category : Service Tax |
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0 | Hits : 1330 |
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'If today were the last day of my life, would I want to do what I am about to do today?'
Posted Date : 04-Oct-2011 , 11:04:13 am | Posted By
AKHIL MAHESHWARI
Steve Jobs, the CEO who got fired from his first job
Talk of computers the first thing that strikes anyone today is 'Apple'. Know the success story of the brain behind this massive player.
Inspiring excerpts from the commencement speech by Steve Jobs, at...
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Category : General |
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5 | Hits : 836 |
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Life Lesson
Posted Date : 03-Oct-2011 , 11:02:06 am | Posted By
Neha Jain
&nb...
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Category : General |
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1 | Hits : 6514 |
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Two Courses at a time - Benefits and Benefits
Posted Date : 02-Oct-2011 , 06:44:59 pm | Posted By
AKHIL MAHESHWARI
Pursuing 2 Professional Courses at a time.
Well everyone feels that doing one course itself is sucking so much of blood then how much it will for doing 2 courses. Remember yaar Life is a race, if you don't run fast, you will be like broken anda.
First ...
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Category : General |
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0 | Hits : 421 |
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Its never too late..
Posted Date : 28-Sep-2011 , 03:41:01 pm | Posted By
Ashish Gupta
We often hear people saying “it’s too late now”. And that phrase is used in all aspects of life, whether in student life, social life, professional life or in personal relations as well.
But I don’t think its ever too late or at least till someone is breathi...
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Category : General |
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1 | Hits : 988 |
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Double the efforts!
Posted Date : 28-Sep-2011 , 01:23:59 pm | Posted By
Neha Jain
Double the efforts!
Les Brown, a noted inspirational speaker, tells the story of one of his friend, a salesman, who was in financial trouble because sales were down. Les asked him, "How many phone calls are you making a day?" His friend answered, "Twenty five.&...
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Category : General |
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Provisions of Section 269SS and 269T under Income Tax Act
Posted Date : 26-Sep-2011 , 08:08:58 pm | Posted By
AKHIL MAHESHWARI
Finance is the important part and need of every business. The own capital of a person may not be always sufficient to meet theneeds of finance of the business. Thereforethe Loans and deposits become necessary and important to meet the financial needs ...
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Category : Income Tax |
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Do you build barriers or build bridges
Posted Date : 26-Sep-2011 , 08:06:55 pm | Posted By
AKHIL MAHESHWARI
Once upon a time, two brothers who lived on adjoining farms fell into conflict. It was the first serious rift (split) in 40 years of farming side-by-side, sharing machinery and trading labor and goods as needed without a hitch.
Then the long collaboration fell...
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Category : General |
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0 | Hits : 436 |
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Liquidation of Company-Procedure
Posted Date : 24-Sep-2011 , 06:07:56 pm | Posted By
CA.VIRAL JANI
WINDING UP- PROCEDURE UNDER COMPANIES ACT, 1956
Winding up is the process by which the normal activities of the corporation or association of person is stopped and the assets and liabilities of the association is assessed and distributed among the shareholders as per the existing a...
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Category : Corporate Law |
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0 | Hits : 1054 |
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RTGS (Real Time Gross Settlement)
Posted Date : 20-Sep-2011 , 04:37:40 pm | Posted By
Neha Jain
What is RTGS Net Transfer?
RTGS is an abbreviated form of “Real Time Gross Settlement” which is a funds transfer mechanism characterised by money transfer from one bank toanother in real time and on gross basis. It is regarded as the f...
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Category : Banking |
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NEFT (National Electronic Funds Transfer)
Posted Date : 20-Sep-2011 , 04:34:06 pm | Posted By
Neha Jain
The NEFT Service is useful for the seamless transfer of funds from one branch to another without any delay or procedural hassle. The operations and functions of the system are similar to RTGS. We have become active member of NEFT system and introduced a new product called TMB e...
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Category : Banking |
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0 | Hits : 1200 |
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Electronic Clearing Service (ECS)
Posted Date : 20-Sep-2011 , 04:29:35 pm | Posted By
Neha Jain
Electronic Clearing Service (ECS)
ECS is an electronic mode of funds transfer from one bank account to another bank account using the s...
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Category : Banking |
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0 | Hits : 1087 |
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A 'Yes' Face
Posted Date : 20-Sep-2011 , 10:13:00 am | Posted By
Neha Jain
A 'Yes' Face
During Thomas Jefferson's presidency he and a group of travelers were crossing a river that had overflowed its banks. Each man crossed on horseback fighting for his life. A lone traveler watched the group traverse the treacherous river and then a...
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Category : General |
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4 | Hits : 466 |
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Removing Password from a PDF File
Posted Date : 18-Sep-2011 , 04:54:48 am | Posted By
Vikas
There’s a free Windows utility called BeCyPDFMetaEdit that can help you remove passwords from PDF files without making any other change to the document. (I am not sure why the developers picked such a complex name for this useful utility).
Here’s what you need to do:
1. Laun...
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Category : General |
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1 | Hits : 1073 |
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Steps to Register a new Company
Posted Date : 18-Sep-2011 , 04:52:57 am | Posted By
Vikas
Do you want to start an Indian Company?
To register a company, you need to first apply for a Director Identification Number (DIN) which can be done by filing eForm for acquiring the DIN. You would then need to acquire your Digital Certificate and register the same on the portal. Therea...
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Category : Corporate Law |
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Precaution in eFiling in MCA
Posted Date : 18-Sep-2011 , 04:52:10 am | Posted By
Vikas
In order to carry out e-filing on MCA21 you have facility to download the eform and fill it in an offline mode. Every form has the facility to pre-fill the data available in MCA21 system. Once the e-form is filled you would need to validate the e-form using Pre-scrutiny button. You would then hav...
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Category : General |
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How to Incorporate a New Limited Liability Partnership
Posted Date : 18-Sep-2011 , 04:51:14 am | Posted By
Vikas
A Limited Liability Partnership may be incorporated as per the procedure explained below:
User Registration
Register yourself on the website of Ministry of Corporate Affairs, developed for LLP services, i.e. www.llp.gov.in . This website may also be accessed through the websit...
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Category : Students Zone |
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New Procedure of Income Tax payment challan correction by banks (for physical challans) from 1st September 2011
Posted Date : 18-Sep-2011 , 04:48:00 am | Posted By
Vikas
Revised Procedure from 1st September 2011 to get Income Tax , TDS, Self Assessment Tax, Advance Tax, Wealth Tax and Other Direct tax Payment Challan corrected / Rectified which were paid at bank in Physical Mode and time period within which correction request can be made along with conditions , P...
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Category : Income Tax |
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Format of reply to Penalty notice under section 272B for wrong quoting or non-quoting of PAN
Posted Date : 18-Sep-2011 , 04:46:16 am | Posted By
Vikas
Nowadays Income tax department is issuing notice to the under section 272B of Income Tax Act 1961, to the Assessee’s who filed their Income tax Return, but filled wrong PAN or not filled PAN in their Income tax Returns . Under section 272B Assessing office can impose a penalty of Rs. 10,000...
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Category : Income Tax |
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2 | Hits : 1579 |
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