Popular Articles

All about Taxation Entries

Gaurav Arya 05 September 2011 at 17:36

This article is helping hand for those students who feel problem in taxation entries. Experts and others are requested to correct me or give their valuable feedback. Taxation and accounting are the soul of the accounting profe

Form 15g - if declaration is wrong

CA. Chikkerur C R 25 July 2013 at 13:12

In India, We take most of the laws/Rules as granted one & feel we are complying with rules without studying in depth of penalty provisions of law. Indian Income Tax Rules /sections are one of those laws. Most of the people feel or under impre

Analysis on current ratio

CA N RAJA 18 February 2015 at 10:52

MANU CONVERSATION BETWEEN MANU AND VINU ABOUT CURRENT RATIO VINU Manu Vinu! You are looking very angry. What happened?Vinu Manu! I am sick of our Bankers! They denied working capital loan to our company by just quoting one ratio.Manu What was that

GST on Co-operative Society

Bhagyashri Jain 18 September 2017 at 10:54

GST on Co-operative Society1.IntroductionGST as we all know is the tax payable when goods or services are supplied. It is very important to understand the conce..

Exemption in CPA exam for a Chartered Accountant

Ganesh Vaideeswaran 30 April 2018 at 10:50

Before we get into this question, one needs to understand the structure of the US CPA Exam. Any exam in my opinion has to test the foll..

Changes in Tax Audit Report in Form 3CD from AY 2021-22 in a Tabular Form

CA Sapna Ghelani 14 April 2021 at 09:49

The changes introduced in the Tax Audit Form in Form 3CD from the AY 2021-22 are shown in this article, in a tabular form. These changes in Form 3CD are effective from the 1st day of April 2021.

New circular dtd 16th Jan on IT Deduction from salaries for FY 2019-20

Guest 18 January 2020 at 13:37

IT Deduction from salaries during the Financial Year 2019-20 under section 192 of the IT Act, 1961

A brief Note of Inventory Valuation

Ravikumar.G 29 September 2007 at 11:33

Valuation of closing stock requires consideration of Income Tax, Cenvat, Accounting Standards and Company Law.Stock should be valued at cost or market value, whichever is lower, as it is a prudent business practice. This principle has been accepted i

TDS & Tax Provisions for FY 2018-19

Sandeep Rawat 16 July 2018 at 10:53

TDS Rates & Provisions for F.Y.2018-19 TDS stands for tax deducted at source. As per the Income Tax Act, any company or person making a payment is required

Effective tips to clear Direct taxation and Income tax

CA.ViVeK M ACA 18 April 2011 at 17:25

This is my simple effort to bring some of the useful exam tips to score good mark with Income tax I P CC Level and Direct tax for Final Level). This is my humble effort to those who are writing I P CC and final exam to give some good input in