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Articles by CA.Parsun Garg

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The new Perquisites rule - Main changes - Summary

  CA.Parsun Garg    24 December 2009 at 12:46

The new Perquisites rules have been notified and the main changes are under perks for Car/ Driver and for ESOP Schemes. The same have been summarized herein for quick reference. For specific conditions, explanations, etc. and other minor changes,1.



Financing of exports by banks (Packing Credit)

  CA.Parsun Garg    16 December 2009 at 13:57

Financing of exports by banks: Advances by commercial banks for export financing are in the form of:a) Pre-shipment finance i .e. before shipment of goods : This usually, takes the form of packing credit facility, which is an advance extended by bank



ANALYTICAL REVIEW

  CA.Parsun Garg    12 December 2009 at 18:22

ANALYTICAL REVIEW The two main functions of analytical review are: To provide the client with supplementary useful information in addition to the annual accountsØ To identify critical audit areas in audit planningFor the purpose of a fundament



DISCLOSURE REQUIREMENTS AS PER SCHEDULE VI (PART I) Co. Act

  CA.Parsun Garg    01 December 2009 at 13:25

BALANCE SHEET DISCLOSURE REQUIREMENT AS PER SCHEDULE VI (PART I) OF THE COMPANIES ACT, 1956 1.GeneralThe Balance Sheet of the Company shall be either in horizontal form or vertical form. Except in the case of the Balance Sheet laid before the compan



DISCLOSURE REQUIREMENTS AS PER SCHEDULE VI (PART II) Co. Act

  CA.Parsun Garg    30 November 2009 at 23:08

PROFIT & LOSS ACCOUNT DISCLOSURE REQUIREMENTS AS PER SCHEDULE VI (PART II) OF THE COMPANIES ACT, 1956 Sr. No. Sr. No. Particulars 1.



Service Tax on Goods transport by road Service

  CA.Parsun Garg    20 November 2009 at 14:09

Service Tax on Goods transport by road Service- Some issue & clarifications: Issue 1: GTA provides service to a person in relation to transportation of goods by road in a goods carriage. The service provided is a single composite service which m