Amalgamation means when two companies sells of their 
business and forms a new company. In this two companies 
merges and one company forms.
Eg : A ltd + B ltd = C ltd

Both are treated as statuatory payments.  It will reflect 
under Current Liabilities under the group of provisions.

What is BRS?
BRS means Bank reconciliation statement. It’s prepared to 
know the differences between cash book and pass book. Its 
Prepared monthly one time.

Reasons for difference
1. Deposits made by the third party directly to the bank.
2. Cheque deposited by into the bank but not yet cleared.
3. Interest & charges debited or credited by bank.
4. Cheque issued but not presented for payment by the third
   Party.

Management Information System. It is related to Computer based  
financial applications

BRS- bank reconcilation statment, it has been prepared by 
the accountant at the end of every month .

BRS is a stmt which contains complete and satisfactory 
explations of bank statement and cash book. which prepared 
month end.

The process of comparing the amounts in the Cash account in 
the general ledger to the amounts appearing on the bank 
statement. The objective is to be certain that there is 
consistency between the amounts and that the company's 
amounts are accurate and complete

A company that owns enough voting stock in another firm to
control management and operations by influencing or electing
its board of directors. also called parent company.

                         OR

By definition, a holding company is a corporation that is
typically used to hold the stock of an operating company.
The holding company itself does not produce goods or
services; it has no employees. Its sole purpose is to own or
hold shares of active companies with assets, people and
business operations.

Nothing is as tangled and knotty as the TDS provisons. 
While some TDS rates are specified in the individual 
section which deal with the tax treatment of the particular 
stream of income, some rates are included as part of a 
separate schedule. To make matters worse, these rates get 
tampered and modified every year. This result in so much 
chaos and confusion, that sometimes those who have to apply 
TDS, do not have a clue about what rate to use. Imagine the 
plight of tax payer. 

The genasis of the problem lies in the complicated nature 
of the tax laws. The authorities complain that less than 2% 
of our population actually pays taxes. However, 
simpliflying the provisions is not viewed as a possible 
solution. On the other hand, in an effort to bring more and 
more people into the tax net, the lawmakers simply endup 
complicating the law. And the rule is simple more the 
complexity more the room. 

TDS is final tax payable- at the time of filling his 
returns, the assessee pays the balance if any or asks for 
refund, as the case maybe. Ergo, it behooves the Department 
to have a standard uniform rate -convenient both for itself 
as well as the taxpayers. 

The most unfortunate part is that we could have easily done 
away with any TDS provided the deparrtment had good 
infrastructure to apprehend assessees avoiding tax only 
through TDS. 

Types of payment, relevant provisions, person responsible 
for deduction of tax and type of payee. 

Rates For TDS In India. 

TDS Return. 

Tax Deduction Account Number (TAN). 

How To Deposit In TDS. 

Exemption From TDS. 

TDS Exemption For Individual. 

Certificate Of Deduction. 

No Objection Certificate In TDS. 

Special Cases In TDS.