INCOME TAX RETURN IN SHIVPUR, VARANASI

INCOME TAX RETURN (ITR) is a well defined statement where a person discloses all his incomes properly in a true and fair manner.

INCOME TAX RETURN (ITR) has to be filled very carefully to avoid any tax evasion and future litigation.

Online Law Solutions (onlinelawsolutions.com) provides all types of Income Tax Related works such as filing of ITR (Income Tax Returns), Income Tax Consultancy, Income Tax Planning, Income Tax Refund Works, TDS, TDS Returns etc in Shivpur, Varanasi and its adjoining areas.

Contact Details:

Phone: +(91) 9554-554-553, 9565-655-455

Email: helpdesk@onlinelawsolutions.com

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Internal Financial Controls over Financial Reporting

Visit our website: www.onlinelawsolutions.com Subscribe our updates on tax/law: Click Here CS Urja Mahesh Karia Audit of ‘Internal Financial controls (hereinafter to be referred as ‘IFC’) over Financial Reporting’ is a reasonably advanced reporting concept for India. In India though there were no such requirements earlier, however, similar reporting requirements existed globally such as section 404 of Sarbanes Oxley Act, 2002 of USA. Initially when majority of the Sections of the Companies Act, 2013 (hereinafter to be referred as ‘the Act’) were notified along with Section 143(3)(i), there was lot of ambiguity not only on part of the company but also on the part of the auditors regarding the actual reporting. Later on, MCA has notified the Companies (Audit & Auditors) Amendment Rules, 2014 and introduced new Rule 10A. Further, ICAI has also issued Guidance Notes on 14 th September 2015 and both of these steps...

Transfer of shareholding on basis of disputed MOU was clear act of oppression by respondent

Visit our website: www.onlinelawsolutions.com Subscribe our updates on tax/law: Click Here Where respondent group on basis of a disputed MOU with appellant group had held board meeting, issued duplicate shares and transferred shareholding of appellant group in its favour at valuation which was not acceptable to appellant group, action of respondent group was a clear calculated act of grossest oppression INTRODUCTION 3. The dispute pertains to the control and management of M/s. SAF Yeast Company Pvt. Ltd. (hereinafter referred to as SAF Yeast), a Private Limited Company, having registered office at 419, Swastik Chambers, Chembur, Mumbai. SAF Yeast has one plant in Chiplun, Maharashtra and another at Sandhila, Uttar Pradesh. SAF Yeast is a joint venture company. The joint venture is between Nafan B.V. and Mr.Arunachalam Muthu and M/s.Helios Food Additives Pvt. Ltd. SAF Yeast carries on business of manufacture of yeast and is a dealer and expor...

Son Attaining majority disentitles him from receiving maintenance from his father: Sikkim HC

Visit our website: www.onlinelawsolutions.com Subscribe our updates on tax/law: Click Here Thus, if a child whether legitimate or illegitimate has attained majority as per the aforesaid Act of 1875 and is not suffering by any physical or mental abnormality or injury, thereby unable to maintain itself, would not be entitled to receive maintenance u/S. 125, the Court said. High Court of Sikkim has set aside an order by Family court which had enhanced maintenance to ‘son’ who had attained majority. On the Revision petition filed by ‘Father’, Chief Justice Sunil Kumar Sinha, held that provisions of Section 127 of Code of Criminal Procedure are always subject to the provisions of Section 125 and as the major son, ceases to be entitled to receive maintenance under section 125, he cannot seek an order of enhancement under section 127. Facts and contentions In this case, The Family Court, had enhanced the aforesaid amount of monthly maintenance from Rs....

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