Popular Articles

Valuation of Non-monetary consideration under Service Tax

Ravi Kumar Somani 23 September 2015 at 11:07

The term �service� is defined under service tax law to mean any activity for �consideration� by one person for another. In this regard

Determination of Goods or Services: GST Provisions

Rajesh Kumar 24 April 2017 at 11:10

The supply may be either of goods or of services or of both, GST is payable. Still there are numerous provisions in the GST law which distinguishes between..

CLB's power and responsibility under section 402?

Durga Rao 15 February 2011 at 14:14

CLBs responsibility to supervise the Company affairs even after passing final orders in a petition under section 397/398? In any litigation, the Court or the authority adjudicating the matter can pass interim orders and the matter will get

dereciation rate as per companies act

CA Rahul Verma 10 February 2009 at 15:40

RATES OF DEPRECIATION UNDER COMPANIES ACTSCHEDULE XIV[See sections 250 and 350] RATES OF DEPRECIATION_____

Black Money (Undisclosed Foreign Income And Assets) and Imposition Of Tax Act, 2015

CA. Atul Khurana 17 August 2015 at 10:26

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

Understanding turnover exemption u/s 10A of the IT act, 1961

Manish Kumar Agarwal 05 May 2016 at 10:54

In respect of claim of exemption u/s 10A, 10AA & 10B, still there is lot of confusion is there between taxpayer and the tax officer. Given below chart based on the latest judicial pronouncement will help to reduce such confusion. SN

Career as a Chartered Accountant

Aisha 17 January 2008 at 10:30

Chartered Accountancy is a rewarding and high profile career.Thiscareer not only equips with the necessary knowledge and technicalskills but also develops managerial outlook in order to handle even themost critical problems. This profession is quite

Supreme Court lays down guidelines for operation & safety of locker

FCS Deepak Pratap Singh 12 March 2022 at 09:00

A customer for security of his /her valuables approaches the banks and ask for safe deposit lockers. It is duty of the banks same as bailee to provide security and safety to the valuables kept in safety lockers of their customers.

My take on ICAI's move to collect feedback from candidates on exam

Tejas bhagat 09 November 2019 at 13:26

My Suggestions to ICAI for changes in Examination in format as required by ICAI�

Example on IND-AS 21: Conversion from Functional to Presentation Currency

CA Aman Agrawal 28 March 2018 at 10:42

Branch A of ABC Limited. Its functional currency is USD. However, Branch A is required by law to present its financial statements in INR as presentation currenc..