Popular Articles

CA Final Elective Paper: Complete Guide

Posted by Venkat Raj 21 July 2020 354654 Views

There are six options available in the CA Final elective paper. Risk Management is the most scoring amongst all

Depreciation Rules under new Companies Act 2013

Posted by AASHISH SACHDEV 07 July 2014 348562 Views

The entire concept of charging depreciation to fixed assets has been evolved as per the new act. Schedule XIV of the old Act specified minimum rates of depreciation to be provided by a company. Unlike that, Schedule II to the 2013 Act requires syste

Provisions of section 40(b) of Income Tax Act 1961

Posted by Amit Bajaj 10 February 2011 347011 Views

Section 40(b) of Income Tax Act places some restrictions and conditions on the deductions of expenses available to an assessee assessable as a partnership firm in relation to the remuneration and interest payable to the partners of such firm. The ded

Stock Audit of Bank Borrowers

Posted by CA Pranjal Joshi 25 January 2010 345250 Views

Stock Audit of Bank BorrowersCA Pranjal Joshi Introduction – Working capital finance in the form of cash credit against the security of hypothecation of stock and debtors is one of the most common modes of finance frequently adopted by various

Concept of Duty Drawback

Posted by CA Monalisa khuntia 14 October 2014 344530 Views

Concept of Duty Drawback-By CA. Monalisa Khuntia IntroductionDuty Drawback has been one of the popular and principal methods of encouraging export. It is a relief by way of refund/ recoupment of custom and excise duties paid on inputs or raw material

Procedure for resignation of Director under CA, 2013

Posted by Ankur Garg 23 July 2014 344218 Views

Dear All, As we are aware that Companies Act, 2013 is already in force from April 01, 2014, and every professional is trying his/her best to unlock and decode the provisions of Companies Act, 2013. In this regard an attempt has been made from my side

Service tax under Reverse Charge Mechanism on Goods Transport Agency (GTA)

Posted by CA. Arpan Jain 30 December 2020 343274 Views

Goods Transport Agency (GTA) means any person who provides service in relation to transport of goods by road and issues consignment note, by whatever name called.

Meetings under Companies Act, 2013

Posted by Raju Balodi 01 April 2014 341407 Views

GENERAL MEETING: AGM (Sec 96 & 97) Applicability: Every Company other than One Person Company. Key Provisions: Every Company to which this section applies shall hold its 1st AGM within 9 months from the closure

MAT Credit - An overview of its rationale and impact

Posted by CA. Rayan Sequeira 01 August 2020 341244 Views

"There was an era when the corporate entities mocked at the income tax department, since they had sizeable profits as per the accounting books but ended up contributing nothing to the coffers of the department. Taking the tax provisions to their adva

VOUCHING IS THE ESSENCE OF AUDITING

Posted by Member (Account Deleted) 05 November 2009 339978 Views

VOUCHING IS THE ESSENCE OF AUDITINGVouching is said to be the very essence of auditing. The whole success of an audit depends on the intelligence and thoroughness with which this part of the work is done.Vouching means the verification of entries in