Students Articles

Suggested Study Pattern for CA IPCE May 16 Exams

CA Arpita Tulsyan 02 May 2016 at 11:54

Paper 2: Law, Ethics & Communication Also refer the Amendment in Nego Act On 3rd May Evening � Small Acts like � POBA, POGA & EPF (Along with its RTP) On 4th May Pre Lunch Ethics,

Full IT Revisionary notes for IPCE relevant from exam point of view

CA Arpita Tulsyan 02 May 2016 at 10:33

Business Process Management & ITFrom a business perspective, - A process is a coordinated and standardized flow of activities,- Performed by people or machines,- Which can traverse functional boundaries to achieve a business objective and- Create

Summary of 27 Chapters on Board of Directors for examinees

Guest 29 April 2016 at 11:12

Company To Have Board Of Directors (Section 149)(1) Minimum Number of Directors For public company, minimum number of directors is 3 For private company, minimum number of directors is 2 For One person company, one director is the minimum director.(2

Service Tax - Taxability, Negative list & Exemptions

Vinesh R Savla 27 April 2016 at 11:05

Taxability, Negative list & Exemptions in Service Tax Charge of Service Tax: On All service unless specified in Negative list or Exempt.Not a service - So Not taxable: (i) Sale, Gift(ii) Deemed Sale (Article 366 of the Constitution)(iii) Transact

Income Computation and Disclosure Standards

CA Arpita Tulsyan 13 April 2016 at 10:39

Income Computation & Disclosure Standards (ICDS's)ICDSs vis-�-vis AS and ICDSs vis-�-vis Judicial Rulings: There are significant deviations between the notified ICDSs, Accounting Standards & Judicial Rulings which are likely

Full DT Revision Notes Applicable for May 2016 Exams

CA Arpita Tulsyan 08 April 2016 at 10:45

Income Tax Act, 1961 came into force on 1st April, 1962PERSON [Section 2(31)] Person includes:1. An individual;2. A Hindu Undivided Family (HUF);3. A Company;4. A Firm;5. An Association of Persons (AOP) or a Body of Individuals (BOI),6. A local autho

Full IDT Revision Notes Applicable for May 2016 Exams

CA Arpita Tulsyan 05 April 2016 at 11:02

Service Tax Law: (a) Finance Act, 1994: Chapter V & VA of the Finance Act, 1994.(b) Rules on service tax: Rules are made for carrying out the provisions of the Act. The rules can never override the Act. E.g. Services Tax Rules 1994, Service Tax (

Amendment in Indirect tax for IPC exams

Vinesh R Savla 01 April 2016 at 11:12

Basic Concepts of Service Tax Amendments by Finance Act, 2015: 1. (i) Service tax rate enhanced from 12% to 14% and(ii) Levy of education cesses on taxable services ceased to have effect [Section 66B]Thus, the new service tax rate has come into effec

Target Costing

SANJAY KEDIA 31 March 2016 at 10:58

A target cost is the allowable amount of cost that can be incurred on a product and still earn the required profit from that product. It is a market driven cost that is computed before a product is produced. Around 80% o

Amendment in Direct tax for IPC exams

CA Arpita Tulsyan 31 March 2016 at 10:58

Basic Rates of Taxes remain the same. Surcharge The rates of surcharge applicable for A.Y.2016-17 are as follows -(i) Individual / HUF/ AOP/ BOI/ Artificial juridical person/ Co-operative societies/Local Authorities/Firms/LLPs: Where the total income