Popular Articles

Monthly Income Scheme (MIS)

Posted by VISHAL BANSAL 01 June 2019 10431 Views

"The rich invest in time, the poor invest in money." Introduction-Monthly Income Scheme is best for retired persons, earn

Hold your nerves on Match/Exam day- ICAI Cup Part-2

Posted by CS LLB Pulkit Gupta 02 March 2011 10431 Views

ICAI CUP 2011- HOLD UR NERVES ON MATCH/EXAM DAY WHY I APPLY FUSION i.e. MIX MY TIPS WITH OTHER TOPICS!!Friends I am back with the 2nd part of series ICAI CUP 2011. People have asked me that why I merge the exam tips with other disciplines/su

For those who want to invest in the right stocks

Posted by Equitymaster 14 September 2010 10431 Views

Dividends. We don’t think there is any other concept that has lost as much relevance over the decades as dividends. Indeed, from being the lynchpin of investors at the turn of the century, most investors only make a passing reference to divide

UCBs (Urban Cooperative Banks) - Branch Licensing Policy Relaxed

Posted by CMA Gul S 11 September 2007 10428 Views

RBI/2007-2008/79UBD.CO.LS.CIr.No. 01/07.01.000/2007-08July 4, 2007The Chie Executive Officer of All Primary (Urban) Co-operative BanksDear Sir/Madam,Annual Policy Statement for the Year 2007-08-Relaxation in Branch Licensing Policy for Urban Cooperat

Natsamrat's Love, Gift & Income Tax

Posted by CA Umesh Sharma 09 February 2016 10425 Views

Arjuna(Fictional character):Krishna, Valentine's Day (14thof February) is celebrated all over the world as the day of "Love."Krishna, "Love" has a variety of related but distinct meanings in different contexts in th

Goods imported / purchased inter-State used in Works contract, would be exempt from VAT

Posted by Bimal Jain 06 May 2016 10425 Views

Dear Professional Colleague,Goods imported/ purchased inter-State used in Works contract, would be exempt from VAT We are sharing with you an important judgement of the Hon�ble Supreme Court of India in the case of Commissioner of Delhi Value A

Is audit and internal control a must

Posted by Bharath Rao 31 January 2014 10424 Views

Implementation and continuous review of effectiveness of Internal Controls has always been a challenge for enterprises. Internal Controls can be compared to the chassis of a vehicle - without the chassis, the engine is rendered useless. Internal Cont

ITC eligibility of CSR expenditure under GST and Finance Bill, 2023

Posted by Member (Account Deleted) 20 March 2023 10424 Views

Upto March 2014, the companies were undertaking CSR activities as per their internal polices. However, from 1 April 2014, the section 135 of Companies Act, 2013 made mandatory for certain categories of companies to undertake CSR. Also, the activities which should be undertaken as part of CSR are listed in Schedule VII to the Companies Act, 2013.

SEBI - an understanding

Posted by Durga Rao 26 May 2009 10422 Views

SEBI – an understanding: The clause 45B of section 2 of the Companies Act, 1956 defines the word “Securities and Exchange Board of India” mean the Securities and Exchange Board of India established under section 3 of t

Important Points While Computing Income Under Profits And Gains Of Business Or Profession

Posted by Ritik Chopra 06 August 2021 10420 Views

Profits and Gains of Business or Profession is considered as an important head of income while computing taxable income. Let us discuss the guiding points that should be kept in mind while computing income under PGBP.