Major Changes in Revised / New Schedule VI

Excel Tips – Calculate Years, Months, Days elapsed from a certain date in Microsoft Excel

Posted: 07 Apr 2012 08:50 PM PDT

In order to calculate the time elapsed from a certain date, we will use a birthdate as an example. Enter birthday date in cell A1: 01/01/1980 To calculate the number of years from the date, enter the following formula in cell B1:...


Residential Status & scope of total Income

Posted: 07 Apr 2012 07:48 PM PDT

Residential Status of an Individual (Sec 6(1) -An individual is resident in India if he satisfies any one of the following two conditions: i. He is in India for 182 days or more in the relevant previous year or ii. He is in India for 60 days or more...


Major Changes in Revised / New Schedule VI

Posted: 07 Apr 2012 07:29 PM PDT

Companies now have to follow Vertical Format for presentation of financial statements; horizontal format is no longer permitted by Revised Sch-VI. The Schedule No. as required earlier has been replaced with Note No. Number of shares held by each...


Checklist & Resolutions for Appointment of Managing Director

Posted: 07 Apr 2012 07:23 PM PDT

The following are the steps involved in appointment of Mr. A as Managing Director in a Company who is not an Managing Director in any other Company: 1- Convene Board Meeting, appoint Mr. A as Additional Director and pass resolution for...


Petitioner cannot approach Court just a week before the dated fixed for the examination – HC

Posted: 06 Apr 2012 09:28 PM PDT

It is also relevant to note that in the present proceedings, the petitioner has not assailed the terms and conditions of the Counselling Brochure. Having failed to do so, he cannot be permitted to question the same, by trying to give it an...

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