We informally talk about Tax specially about Indian Income-tax Act, 1961, GST,FDI, Corporate Law and allied laws. The other motive is also to keep fellow professionals, entrepreneurs, NRIs, Foreign Investors and students updated. A place to share the common point of interest 'TAX' because sharing is caring!
The Ministry has vide general circular 08/2014 dated 04.04.2014 clarified that the financial statements, auditors report and Board's report in respect of financial years that commenced earlier than 01.04.2014 shall be governed by the relevant provisions of Companies Act, 1956
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