Popular Articles

GST - Classification/ Exemption Errors - Catastrophic Costs

Madhukar N Hiregange 28 November 2018 at 11:51

There are mistakes in GST which impact business and there are mistakes which can close down the business. In this article we restrict to classification mistakes..

Kernel of Tax Audit

Prajjwal Kaushik 03 November 2015 at 10:53

When we write �Audit� or �Tax Audit� in Google it gives about 3,05,00,000 results in 0.33 seconds all the same defining audit as �Systematic and independent examination of data, statements, records, op

Importance of Follow up procedure in Internal Audit

CA Amrita Chattopadhyay 09 February 2023 at 12:47

Internal audit is a process which provides assurance to the management regarding company’s risk management, control procedures and their operational efficiency.

Jolt to Service Export Under GST

Ankur Jain 27 May 2017 at 11:52

In this article, we have discussed some key issues with respect to the applicability of GST on supply of services to overseas clients/ group companies that may ..

Conversion Procedure for Section 8 Company

CS Rajnish Pandey 10 November 2021 at 09:30

As per Rule 7(1) of the Companies (Incorporation) Rules 2014, a Section 8 Company cannot be converted into a One Person Company. It can only be converted into a Private Company or Public Company.

The Companies (Incorporation) Third Amendment Rules

CS Divesh Goyal 30 July 2016 at 11:47

The MCA amend the Companies Incorporation Rules by Notification dated : 27.07.2016. This rules may be called Company (Incorporation) Third Amendment Rule

Start ups beware: Do apply for commencement certificate

Paras mehra 27 January 2015 at 11:22

Imagine a scenario, where you start a business, you do a lot of hardwork, and you built a very useful product (website or app) and VentureCapitalist like your product and they wanted to invest int

India: A feast for the capital goods sector

Equitymaster 17 October 2009 at 11:35

Capital goods companies here in India seem to be a happy lot these days. Their stocks are shinning and their order books are plump. But that's not such a recent phenomenon either. Except for the dark days of the credit crisis, capital goods compa

Combination of Costing Strategies and Methods

Indraneel Sen Gupta 05 December 2012 at 12:21

Costing methods used in combination can be used as a devastating weapon for creation of economically and social benefits. But its often misunderstood and miss- represented which leads to further poor understanding and implementation of the

Section 199 | Credit For Tax Deducted

CA.R.S.KALRA 10 March 2021 at 09:47

In pursuance of rules framed under section 199 of the Income Tax act, credit for tax deducted at source shall be given to the deductee for the assessment year for which such income is assessable.