Community & General Articles

How do we help managers develop decisional thinking?

Posted by Tulasi S Sastri 02 December 2014 6928 Views

We recognize that decision making is an important requirement for a Manager. A document on Delegation of Authority developed by me in an organization I worked for as the head of Finance function, can give some ideas, on how we could help in promoting

The difficulty slope - is time the only factor for achievement

Posted by Vignesh Iyer 01 December 2014 12221 Views

Almost all of us face difficulties while pursuing our career or interests or ambition and after sometime we assume that these difficulties are part of the process to reach the destination or goal. Some tell us they faced the same, others tell us even

Cenvat Credit on Inward transportation

Posted by Deepak Bansal 01 December 2014 14302 Views

Can CENVAT Credit on Inward transportation be denied when there is no dispute regarding receipt of material? Reliance in this connection can be placed on the decision of Hon’ble Mumbai CESTAT in case of M/s Mahanagar Gas Limited vs. CCEx [2014-

Dealing negative cash situation in your Financial Model in the simplest way !

Posted by Ashutosh 29 November 2014 32588 Views

NEGATIVE CASH SITUTATION IN YOUR FINANCIAL MODEL?? DEAL WITH IT IN THESIMPLEST WAY! When preparing Financial Projections, one of the most important things is projecting the Cash Flow statement. At the end of Cash Flow projections, you may have a posi

Smart ways to manage your business

Posted by CA PANKAJ 29 November 2014 13999 Views

Delight one small word that can do wonders with your business and its growth. One of the most important that your customer wants is the delight-ment. Giving importance to your customer, surprising him with your products and the services in su

Take calculated risks & grow

Posted by CA PANKAJ 27 November 2014 7208 Views

Calculated risk- the word is enough to identify who are Entrepreneurs. Entrepreneurs are not risk takers, rather they are Calculated Risk takers. That differentiates them from the rest of crowd. One of the great professors Mr. Green from Babson Colle

Transfer Pricing - Flexing Muscles!

Posted by Shri Shri 27 November 2014 8413 Views

Recently the high court has ruled in favour of the Indian arm of Shell Plc in a tax case that made waves internationally in a transfer pricing case thereby affirming that it is not difficult to do business in India. The highlight is that the revenue

How do we assess the quality of Fixed Asset Record and related Controls?

Posted by Tulasi S Sastri 26 November 2014 17241 Views

Internal Financial Controls, under the Companies Act 2013, are Policies and Procedures, adopted by the company for ensuring orderly and efficient conduct of business, and among others, include, Safeguarding of its Assets. Let us see the

How do Internal Controls manifest in an Organization?

Posted by Tulasi S Sastri 19 November 2014 46198 Views

In my last article, “Internal Audit under the new Companies Act 2013 – Opportunity or Responsibility for the Internal Auditor?”, released through this medium on 11th November 2014, some of the key words used were, Orderly and Effici

Advocates alone are entitled to Practice, Plead and Act before the revenue authorities

Posted by BSKRAO 19 November 2014 39996 Views

(1) When the Deptt. is taking so much of security measure for e-filing of tax returns through only Assesses Digital Signature Certificates etc., person filing the return in the capacity of Individual, HUF and Artificial Juridical Person should only a