Charge especially gives security and empowers the charge holder that in case the Company makes a default for the repayment of the loan than the charge holder can get the claim amount from the security which was charged by the Company in favor of the charge holder.

Taxation of gifts under the Income Tax Act

In recent years technology has evolved at a much rapid pace, so fast that it has almost gained a life of it's own. Technology has been making continuous advancements in each & every field including our very own Profession of Accounting.

India has plethora of investment instruments which are available, for an investor, to park his idle funds. At times, it becomes really difficult for a person to select one such instrument, which would reap him good gains.