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Company law settlement scheme 2014 (CLSS-2014) Extended upto 31-12-2014

  Refer to our earlier article on Company law settlement scheme 2014 (CLSS – 2014), introduced by Ministry of corporate Affairs vide general circular No 34/2014   on 12-08-2014 further extension circular dated 15-10-2014 which was to end on 15th Nov 2014. I have come across many business owners who had incorporated company …

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Are gifts received during weddings taxable?

  “I don’t think so. No one will gift through Crossed Account Payee cheque or RTGS or NEFT transfers. Whatever gift is received (which comes mostly in cash) during the wedding is spent towards wedding expenses or to buy some valuables for the new home” If you ask anyone about …

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