Articles by Atul khurana

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Impact of adoption of IFRS/Ind AS

  Atul khurana    13 December 2019 at 11:21

This article is intended to make you understand the major impact both in terms of advantages and disadvantages of the adoption of Converged IFRS i.e Indian Accounting standards (Ind AS) on the financial statements and the working of the companies both.

Posted in Accounts  2 comments |   1179 Views

Section 44AE of The Income Tax Act, 1961Special provision for computing profits and gains of business of plying, hiring or leasing goods carriagesThis section a..

Posted in Income Tax  12 comments |   4220 Views

Section 44AB vs 44ADA

  Atul khurana    14 June 2019 at 11:29

As Section 44AD is applicable on business (click here to read in detail), Section 44ADA applies on professionals.It says that if an eligible assessee (professio..

Posted in Income Tax  26 comments |   5900 Views

Section 44AB vs 44ADWhen we talk about Presumptive Taxation, then it automatically relates to Tax Audit under Income Tax Act, 1961.At student level, I have seen..

Posted in Audit  19 comments |   2072 Views

How did the PNB Fraud happen?

  Atul khurana    19 February 2018 at 11:29

The hot topic of these days is PNB scam. Everyone is sharing on social platforms that PNB is involved in the fraud of Rs. 11,500 crores approx. but everyone is..

Posted in Others  23 comments |   13003 Views

One Life. Many Struggles

  Atul khurana    28 February 2017 at 11:27

A lot of people already predicted that this article is related to their own lives because they can easily relate themselves with the word in heading above "Struggles"

Posted in Students  18 comments |   2672 Views

Failure in CA strikes our belief system

  Atul khurana    28 September 2016 at 11:06

What is it?? Does it really affects our lives??Is there any need to understand it?? The answer is Yes....and the reason will be known to you as

Posted in Students  8 comments |   2081 Views

These 3 words NEVER GIVE UP seems to be very common to us as since our childhood, we are listening to the same from our parents, teachers and friends but afte..

Posted in Students  49 comments |   6751 Views

Introduction:PREVENTION OF MONEY LAUNDERING ACT, 2002 Came into force with effect from 01st July, 2005.The Act extend to whole of India except J&K.Objective: To prevent money- laundering, seize the property with authority, involved in money laund

Posted in LAW |   2711 Views

In India, Black money refers to funds earned on the black market, on which income and other taxes have not been paid. But Indian Govt. took a very great step against the black money and a step to assess this income whether the income is located in In

Posted in Income Tax  5 comments |   3263 Views

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