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Analysis of Section 36(1)(iii) Interest on Borrowed Capital

Posted by Pankaj Gandhi Jaiswal 22 March 2012 321901 Views

Analysis of Proviso of Section 36(1)(iii) & Proviso (1) The deductions provided for in the following clauses shall be allowed in respect of the matters dealt with therein, in computing the income referred to in section 28



Audit of Banks with the help of Finacle

Posted by Pranav Vijay Pandya 16 January 2014 321381 Views

Audit of Banks with the help of FinacleThe banking sector in India has developed tremendously after it adopted the Core Banking Solution (CBS). Finacle is also one of such CBS softwares developed by Infosys. Many nationalized banks such as Bank of B



Assessment & Refund under MVAT Act

Posted by Krunal.J.Davda 20 June 2013 320030 Views

Assessment & refund Under MVAT Act, 2002 Introduction: From the time MVAT Act has come in force hardly any Assessment Orders were passed, only Refund Orders were generally passed in case of Refund cases,



Some FAQs on SSP Portal of ICAI

Posted by Manzil Arora 17 May 2023 319960 Views

SSP stands for Self Service Portal. All the forms which need to be filed by students, members, and a CA firm shall now be filled and updated on this portal.



All about rights, duties and liabilities of a Director

Posted by G S Rao 12 September 2011 319731 Views

All about rights, duties and liabilities of a Director INTRODUCTION: Prosecution of Mr. Keshub Mahindra, for the Bhpoal gas tragedy which resulted in loss of several lives, sent shock waves in the Corporate world. Mr. Kesub Mahindra was non Executi



Steps for E-Filing of Service Tax Return

Posted by Naveen Chand Khulve 23 April 2012 318868 Views

W.e.f. 01.10.2011 vide Notification No. 43/2011 Service Tax, dated 25.08.2011 E-filing of Service Tax Returns (ST-3) made mandatory for all Assessees . Here is the steps for e-filing of service tax return Steps for E-Filing of Service Tax Re



What are the career opportunities after CA?

Posted by Venkat Raj 31 October 2020 318696 Views

After clearing Chartered Accountancy there are multiple career options that one can pursue. One can either start his own CA practice or join a firm. But these are not the only career options. One can also opt for fields like risk management, consultancy services, investment banking, etc.



5 most successful Chartered Accountants in India

Posted by Paritosh Joshi 11 May 2023 317154 Views

Here are the 5 most successful Chartered Accountants in India. Chartered Accountancy is one of the highly reputed professions in India and the journey to becoming one is also one the most rigorous as well.



Some lights on sec 44AA, 44AB, 44AD

Posted by TKKKKKK 29 June 2013 314762 Views

44AA: MAINTENANCE OF BOOKS OF ACCOUNTS WHO SHOULD MAINTAIN : If a person carrying on business / profession and income from such business/ profession has exceeded 1,20,000 in any of the three p.y. or current p.y. (for newly set up business) I



Income Tax on Buyback of Shares

Posted by sudhir.kochhar 17 April 2024 312550 Views

What do you mean by Buy Back of shares?ANSWER: Concept of Buy-Back of SharesThe concept of buy-back is a recent one so far as India is concerned. The Companies Amendment Act, 1999 introduced the concept of buy-back of shares.Buy-back of share




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