Business Accounting and Taxation

I submit the following proposal to Hon.Fin.Min. Please study and comment.

The present demonitisation drive expects people to go cashless in future. The country is flooded with Aadhar number, Smart phones, Wallets, Apps and POS to enable reaching to a cash less economics ...

While ICAI members shouldnt indulge in illegal practices of converting black to white at the sam time they shouldnt behave like bhakts. Dont derail demonetisation but dont praise when the going is ...

DEMONETIZATION ONLY TO BAILOUT PSBs, hiding the PSB babus' filth:- PIL In the scenario created in the mean time in the Nation of India, several evils have cropped up against h...

Real estate firms or jewellers may not accept cash unless it is at a good discount, for they will have to declare it to the banks and pay taxes. So there is no easy option to convert it via real es...

Exchange of Rs.500:Rs.1000 being given new Currency. Govt to take some immediate steps. 1. No cash transaction Rs.1,00,000/- above in all aspects. 2. PAN compulsory for Rs.1 lak & above transac...

I am sharing this in view of prevalent panic created by certain media over imposition of penalty on unaccounted cash of high denominations that are deposited into bank, I give my professional opini...

My client has been told by bank that there bank accounts will be frozen if they dont declare the details of foreign directors under the FATCA declaration. Anyone knows anything about it. Is it the ...

My client which is a young start up has been approached by one of the investors with request to transfer their holdings into a different company. Are there any tax implications of that. The start u...

Can an agent claim depreciation on car and other assets towards commission earned from Insurance company on insurance business ?