Popular Articles

Protective assessment under income tax act, 1961

FCS Deepak Pratap Singh 08 July 2018 at 17:27

This is a type of assessments that focus on those assessments which are made to �protect� the inte

TDS on Contractors and sub-contractors

Sandeep Dharar 21 July 2014 at 11:42

I In recent days there r common question and confusions regarding section 194C. So I am presenting the article from my side to get rid out of all the confusions regarding Contract, Rates of TDS, Liability where tax is arise etc. Deduction of ta

Penalties for Not Filing Tax Audit Report

Startup Solicitors LLP 30 September 2023 at 14:27

In India, the Income Tax Act mandates that certain individuals and entities must undergo a tax audit and file a Tax Audit Report (TAR) by a specified due date. Failing to comply with this requirement can lead to various penalties and consequences. Let's explore the penalties for not filing a Tax Audit Report in India:

Joint Auditors (SA 299)

ibrahim 04 December 2015 at 10:22

SA 299 - Responsibilities of Joint AuditorsEffective from April 1, 1996.Joint Auditors: Practice of appointing more than one auditor to conduct the audit of large entities. Such auditors, known as Joint Auditors. Joint Auditors conduct audit jointly

Tips to handle Costing subject in Professional Exams

Ankur Garg 02 August 2014 at 12:58

Dear Students, I am sure you all are eagerly waiting for your May 2014 CA attempt result. So first of all I would like to convey my best wishes to you. Further it is also a fact that November 2014 exams are approaching and it is high time for us to s

How To Pass CA In First Attempt

Priyanka Kala 13 June 2008 at 00:24

AN OLD joke on passing CA examinations goes like this: There was a writing in a church that read, "Jesus never fails". A CA student added below that, "Then let him try the CA examination"!Passing the CA exam is not as difficult as

Key Managerial Personnel under Companies Act, 2013

CS DHANAPAL 24 July 2014 at 11:47

Companies Act, 2013 (Act) has introduced many new concepts and Key Managerial Personnel is one of them. While the Companies Act, 1956 recognised only Managing Director, Whole Time Director and Manager as the Managerial Personnel, the Companies Act, 2

Professional opportunity for Chartered Accountants

CA ABHISHEK AGGARWAL 29 January 2016 at 11:02

The opportunities for a Chartered Accountant are clearly vast, the scope massive. For a small and medium practice to grow, the firm has to "THINK BIG"

Three motivation theories for success

CA.ViVeK M ACA 03 May 2010 at 10:54

This article has three theory namely Theory of sacrifice, Theory of Fear and Theory of Pain. Read the aspect c

Ind AS12 on income taxes

P.R. Sethuraman 20 April 2016 at 11:52

What is tax expense?Tax expense (income) is the aggregate amount included for determination of profit and loss in respect of current tax and deferred Tax. Income tax relating to items charged or credited to other comprehensive income/equity is charge