Chartered Accountants
Chartered Accountants
Amendment to The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 In section 13, in sub-section (9), for the words “In the case of’, the words and figures “Subject to the provisions of the Insolvency and Bankruptcy Code, 2016, in the case of’ shall be substituted. Practice area’s of B K Goyal & Co LLP …
The Seventh Schedule -The Insolvency and Bankruptcy Code, 2016 Read More »
Amendment to The Finance Act, 1994 (32 of 1994) In section 88, for the words and figures “and the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 (54 of 2002)”, the words and figures “the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 and the Insolvency and …
The Sixth Schedule – The Insolvency and Bankruptcy Code, 2016 Read More »
Amendment to Recovery of Debts Due to Banks and Financial Institutions Act, 1993 1. In the long title, after the words “financial institutions”, the words “, insolvency resolution and bankruptcy of individuals and partnership firms” shall be inserted, namely: -. 2. In section 1, – (a) in sub-section (1), for the words “Due to Banks and Financial Institutions” the words “and Bankruptcy” shall be substituted; (b) in …
The Fifth Schedule -The Insolvency and Bankruptcy Code, 2016 Read More »
Amendment to The Customs Act, 1962 (52 of 1962) 1. In section 142A, for the words and figures “and the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 (54 of 2002)”, the words and figures “the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 and the Insolvency …
The Fourth Schedule -The Insolvency and Bankruptcy Code, 2016 Read More »
Amendment to The Income-Tax Act, 1961 1. In sub-section (6) of section 178, after the words “for the time being in force”, the words and figures “except the provisions of the Insolvency and Bankruptcy Code, 2016” shall be inserted. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice …
The Third Schedule -The Insolvency and Bankruptcy Code, 2016 Read More »
Amendment to The Central Excise Act, 1944 1 In section 11E, for the words , figures and brackets “and the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 (54 of 2002)”, the words , figures and brackets “the Securitisation and Reconstruction of Financial Assets and the Enforcement of Security Interest Act, 2002 (54 …
The Second Schedule -The Insolvency and Bankruptcy Code, 2016 Read More »
Amendment to The Indian Partnership Act, 1932 1. In section 41, clause (a) shall be omitted. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual …
The First Schedule -The Insolvency and Bankruptcy Code, 2016 Read More »
The TRACES Portal is a facilitation mechanism which can be used by taxpayers to ascertain the taxes withheld on their account as TDS or the self-assessment taxes paid. The website of TRACES (TDS Reconciliation Analysis and Correction Enabling System) has been set up by the TDS Centralized Processing Cell of the Income-tax Department. The purpose …
In case of individuals employed, salary or wages earned is considered to be the primary source of income. In businesses, the revenue received from the core business functions after paying all expenses or applicable taxes is the business income. To sum up, income is nothing but ones earning received during a period. Generally, all incomes are subjected …