Depreciation is a crucial accounting concept that reflects the reduction in value of a fixed asset over time due to usage, wear and tear, or obsolescence. Both the Companies Act, 2013 and the Income Tax Act, 1961 address depreciation, but they d ...
The Companies Act, 2013, provides several exemptions and benefits to small companies in India, recognizing their unique needs and limited resources. Below is a detailed analysis: 1. Definition of a Small Company : As per Section 2(85) of t ...
Income Tax Provisions on Sale of Listed Equity Shares: Short-Term Capital Gains (STCG): Applicable if shares are held for 12 months or less. Tax Rate: 20% (under Section 111A) + surcharge + cess. Condition: Sale must take place on a rec ...
Knowing the worth of a company's shares is done through the valuation of shares process. Share valuation is based on quantitative methods, and the value of a share will change depending on market supply and demand. It is simple to find out the share ...
