Popular Articles

GST on Sale of Used Car

Posted by Kishore B 27 December 2020 257588 Views

Introduction:Since one and half year from date of implementation of GST, there are several confusions regarding rate of tax applicable on supply of motor vehicl...

Taxation Of Charitable Trust

Posted by PRATIK SHAH 05 July 2014 255200 Views

Registration and Taxation of charitable & Religious Trust Preamble:According to one survey in India there is 1 N.G.O per 800 Indian Citizen. We cant find even a single village in India where there is no Religious place. We might not fin

Resignation of Auditor

Posted by Abhinav Agarwal 26 June 2023 254762 Views

Resignation of Auditor / Filing of ADT 3 / Draft Resignation letter and Resolution

Income Tax Short Notes: A summary

Posted by C.S.SAVEESH.K.V. 23 November 2013 254054 Views

INCOME TAX FOR C.S.EXAM DEEMBER 2013Heads of Income:Income of a person is classified into 5 categories. Thus, income belonging to a particular category is taxed under a separate head of income pertaining to that category. Section 14 of the Act, has

Internal Financial Controls (IFC)

Posted by CA Diwakar Jha 06 June 2023 251011 Views

As per Section 134 of the Companies Act, 2013 (the Act), the term 'Internal Financial Controls' means the policies and procedures adopted by the company

Impact of Companies Act, 2013 on Private Companies

Posted by CS DHANAPAL 07 October 2020 249340 Views

Companies Act, 2013 has brought massive changes for private companies as barring a very few, all the exemptions which were available to private companies under the Companies Act, 1956 have been withdrawn in the Companies Act, 2013. In this article, w

Types of Audits prescribed under the Companies Act, 2013

Posted by CS DHANAPAL 20 September 2013 247308 Views

The new legislation is focused on transparency and disclosure and gives audit its due recognition. In the new Act, attempt has been made to cover each aspect of corporate functioning under audit by prescribing various types of audits like internal a

AS-26- Intangible Assets, Its Accounting Treatment And Disc

Posted by ESHA AGRAWAL 07 March 2014 246524 Views

Hello everyone, thanks for the appreciation for the first part of AS 26, now we will start the second part of our AS 26, before starting the second part attaching first of the articlehttp://www.caclubindia.com/articles/recognition-of-intangible-asset

Draft Format of Tax Invoice under GST

Posted by Sumati Bengani 02 January 2018 246167 Views

A draft format for tax invoice under GST regime has been made following the invoice rule and section 31 of CGST Act.

Accounting Treatment of Service Tax under Reverse Charge Mechanism

Posted by CA Dileep Surya Kumar 09 May 2021 243783 Views

Accounting Treatment of Service tax and Cenvat Credit under New Service tax regime Note: The following are indicative accounting entries on the assumption that service receiver/manufacturer is eligible for taking Cenvat credit and service is an e