Fringe Benefits Fringe Benefits tax under Income Tax are updated for June 2023 and Dec 2023 Exams. These notes are beneficial for CS Executive New Syllabus of ICSI. Valuation of Fringe Benefits [Rule 3(7)] Interest Free Loans or Loans at Concessional Interest Rate [Rule 3(7)(i)] Here we have to find out the value of the …
In this post, author has explained the valuation and taxability of rent free accommodation and matters incidental thereto.
Tax treatment of Perquisites Treatment of Perquisites under Income Tax Act are updated for June 2023 and Dec 2023 Exams. These notes are beneficial for CS Executive New Syllabus of ICSI. Topics included in this Article IntroductionDifference between Allowances and PerquisitesTax treatment of PerquisitesCategories of employees from perquisites point of viewWho are Specified EmployeesPerquisites specified …
Deductions under Salaries Deductions under the head Salaries are updated for June 2023 and Dec 2023 Exams. These notes are beneficial for CS Executive New Syllabus of ICSI. Deductions from salaries or statutory deductions under the head salaries (Section 16) Under Section 16 of Income Tax Act, 1961 only 3 deductions are allowed from the …
Residential Status (Section 6 of Income Tax) Determination of Residential Status in Income Tax Act, are updated for June 2023 and Dec 2023 Exams. These notes are beneficial for CS Executive New Syllabus of ICSI. Topics included in this Article Residential Status of an IndividualResidential Status of an HUFResidential Status of a CompanyPlace of Effective …
CS Executive Tax Laws Notes Notes of Chapter 1 – Direct Taxes at a Glance Notes of Chapter 2 – Basic Concepts of Income Tax Notes of Chapter 2 – Important Definitions under Income Tax Notes of Chapter 2 – Charge of Income Tax (Section 4) Notes of Chapter 2 – Scope of Total Income …
CS Executive Tax Laws Notes for June 2023 Dec 2023 Read More »
CS Executive Notes of Module 1 Notes of Company Law Notes of Tax Laws Notes of Setting up of Business Entities and Closure (SBEC) Notes of Jurisprudence, Interpretation and General Laws (JIGL) CS Executive Notes of Module 2 Notes of Corporate and Management Accounting(CMA) Notes of Securities Laws and Capital Markets(SLCM) Notes of Economic, Business …
Financial Services Organisation Non-Banking Financial Companies What is a Non-Banking Financial Company (NBFC)? A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013/1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/ debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, …
Financial Services Organisation-Chapter-8 Best CS Executive Video Classes Read More »
Formation of NGos SECTION 8 COMPANIES Under Companies Act, 2013 a private company limited by either shares or guarantee or both, or a public company limited by either shares or guarantee or both may be registered as non-profit organization with social objectives like promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, …
MAINTENANCE OF REGISTERS AND RECORDS Statutory Registers to be maintained under Companies Act, 2013 S.No. Form Name of the Register Relevant Section and Rule 1 MGT-1 Register of Members Section 88 (1) and Rule 3(1) of the Companies (Management and Administration) Rules, 2014 2 MGT-2 Register of Debenture Holders/ Other Securities Holders Section 88 (1) …
Maintenance of Registers and Records-Chapter-14-Best CS Executive Live Classes Read More »