Popular Articles

Filling of GSTR 2 on GST Portal

Guest 08 September 2017 at 15:49

Filling of GSTR 2 on GST Portal

Why education cess @3% Part-2

Mukesh Kuriyal 01 December 2015 at 12:23

As I have earlier written in my article that approx. 82763.58 crores has been collected through education cess only for Fin year 2014-15 (the data collected till 31st October).Refer to my earlier article- Click hereNow below I have collected the dat

Civil Services - My Cup of Tea - Part-1

Gaurav Arya 30 May 2013 at 11:38

When the result of Civil Services 2012 was declared it brought a huge smile on the face of the whole CA community reason being a Chartered Accountant coming up with flying colours in that examination. The 3rd rank holder of CA Examination 20

GST: Things you Need To Know

Damandeep Singh 22 January 2015 at 10:45

One of the major Indirect Tax reforms that India is going to face is in form of Goods & Services Tax (GST), which will replace the current Multiple Indirect Tax regime. GST is being debated over in India for about more than a decade and it has go

Stamp duty on issue of share certificates

CS Divesh Goyal 08 July 2015 at 10:32

BACKROUND:As per Section 3 of Indian Stamps Act 1899, Every Share Certificate must bear the necessary stamp duty as per the Stamp Act of the respective State/ Union Territory from which Certificate is issued. The rates of stamp duty can be obtained w

Service Tax on Director's Services in Private Companies

Priyanka 16 April 2013 at 12:52

A Private Company has one Executive Director i.e. Whole Time Director and two Non-Executive Directors. The Whole Time Director holds 90% of the paid-up share capital in the company while the other 10% is held by five shareholders. A monthly fix

Simplified Approach to Export Of Services Rules

Annu Agarwal 07 August 2014 at 11:23

Dear Friends!! I came across a number of queries in relation to applicability of Service Tax on services performed in India for Service receivers Outside India.Some of the typical cases were:1. Service of Recruting staff for employment for a Company

Blocked Credit under GST

CA Sanat Pyne 31 March 2023 at 08:58

Blocked credit refers to the input tax credit that cannot be claimed by a taxpayer under the GST regime. Input tax credit is the tax paid on inputs, i.e., goods and services that are used in the course of business, which can be set off against the output tax liability of the taxpayer.

Annual return on FLA

CA Vivek chaudhary 11 August 2015 at 10:21

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

Section 269SU of the Income Tax Act, 1961- All you need to know

CA Mayur Todmal 07 January 2020 at 10:12

As per Section 269SU of the Income Tax Act, every person, carrying on business, shall provide a facility for accepting payment through prescribed electronic modes.