Popular Articles

A look at the provisions of Indian Stamp Act, 1899

G S Rao 27 May 2011 at 11:48

A LOOK AT THE PROVISIONS OF INDIAN STAMP ACT,1899 Introduction There are some Acts which are difficult to understand and follow correctly. In my view The Indian Stamp Act, 1899 and Registration Act and Transfer of property Act, are those Acts which

An Analysis on Tax Free Bonds V/S Tax Saving Bonds

Madhusudan Kabra 21 May 2012 at 12:52

At Present in Indian Market, Various Financial Institutes and Other Authorities are issuing various types of bonds such as Tax Free Bonds, Tax Saving Bonds. The Major Players in Tax Free Bonds are NHAI, Power Finance Corporation (PFC), Indian Railw

Why you should reconcile your GSTR 3B and 2A input credit?

Ankita Mathur 24 April 2018 at 12:35

We have all witnessed the first Financial Year in the GST regime and it has been quite a learning experience for professionals and businesses. It has been a rol..

Accounts Payable Process

Ki$hor B 12 October 2012 at 12:08

I was puzzled when my colleague, a new joiner, came up and said I find the Accounts Payable process a double dutch, payments made by cheque should be easy peasy (lemon squeezy). I peeped into his educational background and found him

Tax Audit - A glance

Karan Teli 03 September 2011 at 13:04

Hello everyone. Happy Ganesh Chaturthi To all.... These days we all are busy with our tax audits schedules and many of the small firms have their most earnings and survival on tax

Overview of tax implication of CSR expenditures

SAGA 19 August 2015 at 10:33

Introduction1.1.1 The Finance Act, 2014 has brought a very radical & far reaching

Things CA Students Should Learn During Articleship

CA Sapna Ghelani 11 February 2021 at 09:44

Learning the right things during articleship will not only help in your professional building but will also help during writing papers in a more conceptual way...

Registration of charitable trusts u/s 12A of the IT act, 1961

CA SATISH KUMAR N 08 June 2018 at 10:42

Section 12A registration under the Income Tax Act, 1961 is one time exemption obtained by most Trusts, soon after incorporation for exemption from paying income..

TDS on Provision for Expenses

Manish Kumar Agarwal 30 August 2011 at 12:11

One of the most disputed arguments between assessee and income tax department is that whether payments made towards specified expenditure attracts disqualification u/s 40(a) (ia) and applicability of this section to provisions made at the year end a

Whistle Blowing / Vigil Mechanism under Sec. 177 of CA, 2013

CS M.Kurtrala Nathan 05 March 2014 at 13:20

Introduction:The term whistle-blowing originates from the practice of British policemen who blew their whistles whenever they observed commission of a crime. Whistle blowing means calling the attention of the top management to some wron