Popular Articles

Deductions under Section 57

Ritik Chopra 21 April 2021 at 13:09

The taxable income under the head 'Income from Other Sources' shall be computed after allowing deductions as provided in Section 57 of the Income Tax Act. Discussing such deductions in this article.

Approval of Annual Accounts

CS Ankur Srivastava 24 November 2012 at 12:33

Procedure for approval of Annual Accounts Section 215 of the Companies Act, 1956 deals with the authentication of balance sheet and profit and loss account of the Company. Accordingly, every balance sheet and profit and loss account of the Company

Revised Schedule VI - Paradigm shift and Impact

CA S.SAIRAM 03 April 2012 at 11:04

The Revised Schedule VI which is to come with effect from 1.4.2011 is intended to mandate a presentation format which will facilitate showing what would have been accounted under the upcoming I

Service Tax on Job Work

CA PRAMOD SARAOGI 08 October 2011 at 13:48

ST on Job Work Paper Processors (PP) engaged in slitting of Paper Rolls into two pieces. Paper Rolls of various widths are supplied by the principles. 1. First check the process of Slitting of Printing Paper Rolls carried out by the Job-worker

Book Profit U/S 115 JB

Srikant 10 October 2009 at 15:48

Book Profit under Section 115 JBBook Profit = Net Profit + / - Few adjustments. Question:Can you tell me whether there is any restriction to compute net profit? No, because it depends upon various Accounting Policies which may vary from industry to

Note on Forfeiture of Shares - Part II

Ajay Mishra 10 September 2013 at 11:42

You have read the introductory and procedural part on Forfeiture of shares under my earlier article in Part I posted on this CCI club. In continuation on the above subject, Part II deal with Board Powe

Cenvat Credit Rules from scratch Part-3

Saurabh Maheshwari 16 December 2013 at 12:27

Q-1 Describe the following terms:(a) First & Second stage dealers(b) Input Service distributor(c) Input credit distributor Ans-1(a) First & Second stage dealer:--First stage dealer means a person buying goods directly from manufacturer/import

Corporate law handout- A must for EXAMS

Ankur Garg 08 August 2009 at 14:30

Dear Friends, Please find below corporate law handout especially prepared for the CS Inter/ CS Executive/ CA Inter/ CA PE-II/ CA PCC/ CA IPCC students. This handout deal with various Company Law exam oriented topics like Quorum, Proxy, Dividend, AGM

Exclusive interview with Raj Paresh Sheth - All India Rank 1 CA Final May 17

Guest 19 July 2017 at 17:40

Exclusive interview with Raj Paresh Sheth - All India Rank 1 CA Final May 17

The Myth about CS Course

N.Vimal Kumar Jain 31 October 2019 at 10:50

In this article, we will try to figure out the way in Five simple points and remove such myth which is getting spread day by day and help you all to understand what it takes to clear CS Exam with my own experience.