What is House Rent Allowance? Employees generally receive a house rent allowance (HRA) from their employers. This is a part of the salary package, in accordance with the terms and conditions of employment. HRA is given to meet the cost of a rented h
DEFINITION:As per section 2(34) of Companies Act,2013 director means a director appointed to the Board of a company. ROLE OF THE BOARD OF DIRECTOR:The Board of Directors are elected representatives of the Shareholders of the Company. The Board of Dir
GST - Transition challenge on Credit, Carry forward and Claim through declaration CA Madhukar N Hiregange IntroductionTax credit in any value added taxation is the second most important aspect after the levy as it goes to reduce the basic cost. It
After hearing enough rambling on FDI�s and its urgent need to stop Indian rupee fall, one is very curious to know about FDI and trying to understand what qualifies as FDI and what routes are available for them to invest in our country.Foreign D
Supreme Court Supreme Court bench comprising Chief Justice H.L. Dattu, Justice A.K. Mishra and Justice Amitava Roy has stayed the Bombay High Court�s order ,dated 15.12.2014 , of dismissing the petition challenging levy of service tax on lawyer
Meaning of work Contract: A works contract is an agreement which is a mixture of service or labour and transfer of goods. Under a works contract the contractor agrees to do certain job in execution whereof, certain goods are transferred to the contra
Reporting Under CARO, 2015The Ministry of Corporate Affairs, on 10th April, 2015, notified the Companies (Auditor�s Report) Order, 2015 (CARO, 2015).APPLICABILITY:-It shall apply to every company including a foreign company as defined in clause
Annual Return on FLA Introduction:FLA stands for foreign liabilities and assets. The filing of annual return on foreign liabilities and assets has been notified under Foreign Exchange and Management Act, 1999. It is mandatory for all Indian resident
Procedure for Verification of Answer Books of Chartered Accountants Students Examinations and Post Qualification Courses Examinations.A- STUDENTS EXAMINATIONSAn examinee of CA examinations can apply for verification of his/her answer books/OMR Answer
As per section 114(2) : A resolution shall be a special resolution when�(a) the intention to propose the resolution as a special resolution has been duly specified in the notice sent for meeting;(b) the notice required under this Act has been d
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English