Popular Articles

Minutes of proceedings of ,meetings u/s 118 of Cos Act,2013

CS M.Kurtrala Nathan 07 August 2014 at 11:23

Introduction: Section 118 of the Companies Act,2013 and Rule 25 of Companies (management and Administation) Rules,2014 deals with the Minutes of Proceedings of General Meeting, Meeting of BoD and other meeting and Resolutions passed by Postal Ballot

Activation of DIN of disqualified directors: Writ petition and interim stay order

CS MOHIT SALUJA 25 March 2019 at 16:03

In the year 2017, Ministry of Corporate Affairs by taking the ambit of Section 248 which talks about �Power of Registrar to remove name of company from re

Clause by clause analysis of ITC disclosures in Annual Returns - Part 5

CA Yash Shah 19 December 2022 at 09:00

The key foundation based on which the GST law is structured is that the tax is to be levied and collected only on the value-added portion. In India, we have a method by which the tax suffered at an earlier point of time is allowed to be reduced from the tax payable on the subsequent supplies made.

Process of Formation & Registered Gratuity Trust

Rajesh Kumar 05 January 2022 at 08:39

Steps for Formation of Gratuity Trust

Calculation of capital gains on shares when the cost of purchase is unknown

Nikita Agarwal 17 July 2023 at 16:59

Calculating capital gains on shares when the cost of purchase is unknown can be challenging. However, there are a few methods you can use to determine the cost of acquisition and calculate the capital gains.

Clarification on taxability of withdrawal of accumulated balance in the provident fund

CA Dhruva Kalamanji 02 March 2016 at 10:39

The section under discussion:Section 10 (11)Section 10 (12)Rule 8 of Part A of the fourth scheduleExtract of above section from the Income Tax Act, 1961:10 (11) any payment from a provident fund to which tmhe Provident Funds Act, 1925 (19 of 1925), a

Future of Accountancy Report

Varun Nirmal 08 April 2016 at 10:44

What does the future look like? According to the Intuit� 2013 Future of Accountancy Report, the future of the accounting profession is undergoing a dramatic shift as current and potential clients expect real-time support; access to their financia

Functional Currency - IND-AS/ IFRS

CA Anuj Agrawal 06 January 2017 at 11:04

Unlike in current accounting practices in India, there is a need to identify Functional Currency for every entity whose financial statements are being prepared ..

Derecognition of Financial Liabilities - IND-AS/ IFRS

CA Anuj Agrawal 03 January 2017 at 16:53

As we are gradually moving towards converged IFRS (known as IND-AS in India) in India, there are some rules which have been prescribed by the new accounting standard related to de-recognition of financial liabilities

GSTR-2B: Key Features of newly launched GSTR-2B

CA Rohit kapoor 31 August 2020 at 10:44

The government has launched form GSTR 2B for the Input Tax Credit. The form will help the government as well as the assessees in matching the input and output of ITC in forms GSTR 3B, GSTR-1, and GSTR 2A, accordingly.