Punishment for abetment If a person abets or induces in any manner another person to make and deliver an account or a statement or declaration relating to tax payable under this Act which is false and which he either knows to be false or does not believe to be true or to commit an offence […]
Punishment for false statement in verification If a person, makes a statement in any verification under this Act or under any rule made thereunder, or delivers an account or statement which is false, and which he either knows or believes to be false, or does not believe to be true, he shall be punishable with
Punishment for wilful attempt to evade tax (1) If a person, being a resident other than not ordinarily resident in India within the meaning of clause (6) of section 6 of the Income-tax Act, wilfully attempts in any manner whatsoever to evade any tax, penalty or interest chargeable or imposable under this Act, he shall
A Senior Citizens Savings Scheme (SCSS) account is a retirement benefit account that is supported by the Indian government. Indian senior citizens who invest a lump sum in the plan, either individually or jointly, can take advantage of the account’s benefits. The account will offer income tax advantages in addition to access to regular income
Intellectual property rights have grown to a position from where it plays an important role in the global economy’s development over the past two decades. In 1990s, laws and regulations were strengthened I this area by many countries unilaterally. In the multilateral level, there was enhanced protection and enforcement of IPRs to the level of
When a company needs additional capital and keeps the voting rights of the existing shareholders proportionately balanced, the company issues Rights shares. The issue is called so as it gives the existing shareholders a pre-emptive right to buy new shares at a price that is lesser than market price. The Rights issue is an invitation
Due diligence of a company is usually performed before the business sale, private equity investment, bank loan funding, etc., In the due diligence process, the financial, legal and compliance aspects of the company are usually reviewed and documented. Before you go out fundraising it is important to have all the due diligence items organized in
E Sampark is a platform / mechanism to connect the government directly with citizens across India through informational and public services messages, running mailer, outbound dialing and SMS campaigns. It is a part of the Digital India programme of the incumbent government and augments the National e-governance plan. The portal was launched in May 2016 by the
Ministry of Road Transport and Highways executed the program Vahan i.e a National register. It acts as the principal repository for the essential data which is concerned with the enrolled vehicle. You could search for the information concerning your related enrolled vehicle through the below-mentioned parameters: Engine Number Chassis Number Your Vehicle’s Registration Number What
The State Bank of India offers a variety of savings accounts for both minors and adults. SBI Basic Savings Account, Savings Plus Accounts, Small Savings Accounts, and more products are available in this category. State Bank of India (SBI) is the largest public sector bank and caters to almost all Indians. The bank approximately has
CA Bhuvnesh Kumar Goyal
Chartered Accountants
cabkgoyal@gmail.com
9971782649
Ph: 9971782649
E: cabkgoyal@gmail.com
