Input Credit mechanism under proposed GST regime-The milestone to achieveBACKGROUND:Before I begin this article it is worthwhile to discuss the background behind this since as of today no professional as well dealer is sure about the consequences of
As per Srimad Bhagavad Gita, It is only change which remains forever and every other thing changes with the change. So true. More than 5,000 years ago, humanity got this divine knowledge which is becoming more and more rel
Indian Accounting Standards (Ind As)As we all know that as per Notification of Ministry of Corporate Affairs on 16th February2015 Ind As has came into force. They shall come into force on the 1st day of April, 2015. I have gone through the notificati
Introduction: -After introduction of VAT, a large quantum of refund application have beenfilled. The Department under going transition due to which business processhave undergone many changes. As result, a num
With accounting having become the global language of business, the convergence with International Financial Reporting Standard (IFRS) is the need of the hour as an economic imperative for India. The Finance Minister Shri Arun Jaitley a
The CHARGES under the Companies Act 2013 are governed by the Sections 77,78,79,,89 and the Rules 2014.Relevant forms for charges are CHG-1 to CHG-10 (Totally 10 Forms)WHAT IS A CHARGE:The company may bor
Introduction: India has principally agreed to the implementation of Ind -AS by revamping Schedule VI of Companies Act 1956 being the first constructive step in the journey. Many of the new insertions and amendments in Companies Act 2013
Another buzzing cricket news after World Cup 2015 is that Yuvraj Singh has been sold to Delhi Daredevils for whopping Rs 16 Crores in Indian Premier League (IPL).Not only this time,but he was the most expensive buy at auctions last year as well for R
Almost all of us go for family outings every now and then and one of the most important activities, without which an outing is not complete, is having a meal at a nice Resta
Dear Professional Colleague,Non-Authorised service station is not liable to pay Service tax on Maintenance or Repair of any part of motor vehicle SC dismissed SLP filed by the DepartmentWe are sharing with you an important judgm
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