Meaning, Difference and Importance of MoA and AoA

Each business person anticipates the initial phase in starting a business, which is setting up a legitimate personality by enrolling in an organization. Organizations are administered by authoritative archives that layout the rules and regulations of working together. Memorandum of Association (MOA) and Articles of Association (AOA), now and again known as organization [โ€ฆ]

By |2026-04-07T17:15:38+05:30December 14th, 2021|Business|

Court Marriage Procedure in India

The Special Marriage Act of 1954 governs court marriages in India. In the presence of a Marriage Officer and three witnesses, the marriage can be solemnized in a courtroom. Court marriage can take place between two Indians of any caste, religion, or creed. A court marriage between an Indian and a foreigner is also possible. We [โ€ฆ]

By |2026-04-07T17:15:38+05:30December 14th, 2021|General|

Claiming Relief under Section 89(1) on Salary Arrears

Introductionย 

India has always been a country with an income tax system that is progressive in nature. India follows the principle of โ€œlast-in, first-outโ€ (LIFO) to calculate the taxable income. India also allows for certain deductions and exemptions under Section 89(1). One such exemption is salaried arrears which are considered as past dues paid during [โ€ฆ]

By |2026-04-07T17:15:38+05:30December 14th, 2021|General|

Find a PAN Card Number

The โ€˜Find Your PAN Card Numberโ€™ feature, established by the income-tax department, allows for the issuance of a duplicate PAN card. In this article, weโ€™ll go through how to Find a PAN card number and apply for a duplicate PAN card if your current one is lost or stolen.

What is a PAN Card?

A PAN card is [โ€ฆ]

By |2026-04-07T17:15:38+05:30December 13th, 2021|Business|

AS 18 โ€“ Related Party Disclosures

This AS 18 defines disclosure criteria for:

  1. Related party relationships; and
  2. Transactions between a reporting entity and its related parties.

This Standard applies to the financial statements of each reporting enterprise as well as the consolidated financial statements of a holding company.

What is the meaning of a Related Party?

According to AS 18, a related party is defined [โ€ฆ]

By |2026-04-07T17:15:38+05:30December 12th, 2021|Accounting|

Online Professional Tax Registration – An Overview

All salaried individuals are subject to professional tax, which is enforced by state governments. All working professionals, such as chartered accountants, lawyers, and doctors, are subject to professional tax. It is assessed based on the personโ€™s occupation, trade, or profession. All states have different tax rates, but the highest sum that can be assessed as professional [โ€ฆ]

By |2026-04-07T17:15:38+05:30December 12th, 2021|ITR|
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