Articles by Karan Khatri

Role of CA in Real Estate (Regulation and Development) Act (RERA)

Posted by Karan Khatri 08 November 2020 28593 Views

Real Estate (Regulation and Development) Act, 2016 seeks to streamline and regulate the real estate project working by incorporating various steps to safeguard the public by prescribing sufficient procedures and penal provisions.

Enron Scandal (P2): The Story Continues

Posted by Karan Khatri 08 June 2020 15399 Views

Fastow was one of the key figures behind the complex web of off-balance-sheet special purpose entities (limited partnerships which Enron controlled) used to conceal Enron's massive losses in their quarterly balance sheets.

Blockchain - The Future of Accounting

Posted by Karan Khatri 26 May 2020 18618 Views

Also, in Blockchain one can trace the whole transaction from the start to its end. All the transactions linked together. And if anyone tries to hack or make mischief in any one transaction the whole block of a chain will be affected.

Why Gujarati's are rich?

Posted by Karan Khatri 18 May 2020 27978 Views

Finally, from Forbes Magazine list to India's any list, the whole of India in one side and Gujarati in another. Approximately 50% millionaires of India are Guajrati's. Whether it is Mukesh Ambani, Gautam Adani, Dilip Sanghvi, Azim Premji or Karsanbhai Patel, all have done great wonders.

Roots of Enron Scandal in India

Posted by Karan Khatri 15 May 2020 31252 Views

But, Enron in India had been an economic disaster and a human rights nightmare. From the beginning, the project was in controversy.

Gyaan hi Shakti Hai - Knowledge is Power

Posted by Karan Khatri 19 January 2016 14594 Views

Knowledge is power is the most famous and true proverb said by the famous personality named, Francis Bacon. Knowledge helps to differentiate between human beings and animals. Man has mind and ability to use the power of knowledge accordingly, that&rs

Learn Section 139(1) with Santa Clause

Posted by Karan Khatri 28 December 2015 20245 Views

CA Student: Hi Santa, how are things? Got a minute? I�ve got my list here and I�d like to go over it with you if you don�t mind�Santa Clause: Well, I am busy. And besides, have you been good this year?CA Student: Well, see S

New to income computation and disclosure standards (ICDS)? Here's what you need to know

Posted by Karan Khatri 15 July 2015 12792 Views

INTRODUCTIONBackgroundSection-145(2) of Income tax Act, 1961 empowers Central Government to issue Income Computation and Disclosure Standards (ICDS).Key Features of ICDS Effective Date of ICDS is 01stApril, 2015e. AY: 2016-17 onwards. ICDS applicable

Highlights of proposed GST structures in India

Posted by Karan Khatri 08 May 2015 19120 Views

Dual GST ModelWhile a single, unified GST would have been be a preferred option, in keeping with our federal structure a concurrent dual GST model has been envisaged, with a Central Goods and Services Tax (CGST) and States Goods and Services Tax (SGS

History of Income Tax of India

Posted by Karan Khatri 13 April 2015 128612 Views

It was only for the good of his subjects that he collected taxes from them, just as the Sun draws moisture from the Earth to give it back a thousand fold Kalidas in Raghuvansh eulogizing KING DALIP.Taxation of India in Anc