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Startups

Exit or Expand? The Hidden Maths Behind Startup Timing

In the bustling startup corridors of Bengaluru, Mumbai, and Delhi-NCR, a crucial question echoes through boardrooms and coffee meetings: "Is it time to exit...

Team Counselvise - November 21, 2024

General

Campus to Company: 5 Financial Models That Work for Gen Z

Introduction As Indian startups expand their operations and attract young talent, understanding the financial preferences and expectations of Gen Z becomes crucial. Gen Z, born...

Team Counselvise - November 20, 2024

Latest Articles

Finance

Is RBI’s latest circular on Crypto currencies a green signal for Legalization/Regularization of crypto currency trading in India?

Legalization/ Regularization of crypto currency trading in India?

Sourabh Agarwal - June 5, 2021

Company Law and IBC

A time barred order u/s 263 is bad in law.

Begani Dyeing Mills Pvt.Ltd., Surat v. The Pr.CIT., Surat Facts of the caseThe case of the assessee was selected for scrutiny through CASS and...

Anjali Garg - June 4, 2021

Case Laws

When Assessing Officer admitted the genuineness of transaction in his Remand report, addition cannot be confirmed by CIT(A)

Sh. Mukesh Nanubhai Desai vs ACIT Facts of the case Assessee has earned exempt income of Rs. 8,67,79,658/- on account of Long term capital gain on...

Khushi Surana - June 4, 2021

Case Laws

Revision u/s 263 cannot be made on a issue which was never a part of the assessment order to be revised.

Nilkanth Developers vs PCIT - 3 Facts of the case Assessment order u/s. 143(3) was passed 26.03.2013 for A.Y.2010-11 disallowing deduction claimed u/s. 80IB(10) of Rs.1,25,78,872/-. The...

Shyam Mangukiya - June 4, 2021

Income Tax

Format of Statutory Auditors Report for FY – 2020-21

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF ABC PRIVATE LIMITED Report on the Audit of the Financial Statements Opinion: We have audited the accompanying Financial Statements of ABC PRIVATE LIMITED (“the...

CA Yash Kapadia - June 1, 2021

Finance

Cash deposited by a client in insurance agent’s bank account is mere remittance.

Ashish N. Vashi vs ITO Facts of the case The assessee is an insurance agent, he used to collect cash from various parties...

Rahul Manglam - May 29, 2021

Attention Taxpayers: New I-T portal to be activated from June 7, existing portal will be unavailable from June 1-6

The Income Tax Department will launch a new income tax filing portal on June 7. What new income tax makeover aims at? The new e-filing portal (www.incometax.gov.in) is aimed at...