Popular Articles

IND AS 1- Presentation of General Purpose Financial Statements

CA Pooja Dhoot 18 January 2020 at 13:04

In the earlier article we had seen basics of Indian Accounting standards (IND AS), Now in this article you will be able to read about IND AS 1- Presentation of Financial Statements

Insurance- a Financial Planner?

CA Jahanvi Trivedi 07 September 2012 at 11:32

Hello everyone. This time I have come back with a series of some technical articles on a very important and must know concept of our life. Every one knows about insurance very well. It is protection against contingencies. If any uncertain event ha

Hedging Loss is Buisness Loss , not Speculation Loss!

Ravikumar.G 25 September 2007 at 15:51

Can a loss from hedging of commodities be set off against normal profit of a related commodity merchant? Yes, there is express provision under the I T Act ,by which loss from hedging of commodities are allowed to be taken not as Speculation Loss and

Clarifications on various aspects of Swachh Bharat Cess

Bimal Jain 16 November 2015 at 12:22

Recently, the Central Government vide Notification No. 21/2015-ST and 22/2015-ST, both dated November 6, 2015 had appointed November 15, 2015 as the date from which, Swachh Bharat Cess (�SB

How to convert lapsed ITC into genuine ITC

P.Jagadeeswaran 30 April 2020 at 15:23

In this article I am not going to touch the ITC lapsing under Section 17(4) applicable for Banking companies and NBFC and Section 18(4) applicable for a dealer who has availed of input tax credit opts to pay tax under section 10 (composition method of tax payment).

Should CS be an expert even in general law?

Durga Rao 28 December 2009 at 20:28

Company Secretary plays a very very complicated role in the today’s corporate world. I would say that the role of Company Secretary is very very complicated than any professional, in view of the stakes involved and plethora of re

Top 4 strategic yet simple things business/startups urgently need to follow before March 2021 closing!

Kunal R. Sarpal 24 March 2021 at 09:54

The year end milestone is a super important one and needs to be handled smartly. It is important to align the vision of the client with their books of accounts. Discussing 4 tips that will help you achieve the same.

Meetings of Board

Yashika Sood 17 October 2019 at 11:41

Board meetings are held by the members of the Board which is a group of people (in case of big companies) or selected people(in case of small companies) who decide and discuss the ongoing events pertaining to the loss and profit of the company.

Some facts to be kept in mind while tax planning for FY 2022-23

FCS Deepak Pratap Singh 27 April 2022 at 08:34

For the central government employees, the government was already contributing 14% of employee's wages towards employee's NPS account. Starting this FY, state government employees will receive a 14% contribution into their NPS account from their respective state governments.

IBBI publishes course format for Registered Valuer exams under Companies Act

CS Peer mehboob 04 January 2018 at 10:59

The Companies Act, 2013 had brought the concept of Registered Valuers under Section 247 of the Companies Act, 2013 to regulate the practice of valuation in Indi..