Popular Articles

CARO (Companies Auditor's Report Order), 2020

Shree 27 December 2022 at 15:53

The CARO 2020 Order applies to all companies, except for companies that are exempt under the Companies Act, 2013.

Gross Profit Rate - Application of section 145(3) of the Income Tax Act

deepak K Gujrati 29 March 2011 at 15:49

GROSS PROFIT RATE Application of section 145(3) OF THE INCOME TAX ACT By Deepak k Gujrati FCA SYNOPSIS COMPONENTS OF GROSS PROFIT WHEN GROSS PROFIT RATE IS LOWER THAN PREVIOUS YEAR DEFECTS IN BOOKS OF ACCOUNTS APPLICATION OF SECTION 145(3

Issue of TDS Certificate

Muralidharan 14 May 2011 at 12:27

13th May 2011 Dear Forum Members We are all aware that those who deduct TDS has to issue TDS Certificate (Form 16A) for every quarter. This is applicable from the financial year 2010-11 onwards (Assessment Year 2011-12). This has put an additional b

CA Exams Preparations - 7 Mistakes to Avoid

Rohit 13 August 2010 at 11:04

This is one of my favorite topics to talk about. I do not like ‘gyan’, so I would not talk about work hard, motivation, positive attitude – you have heard more than you want to hear about these. So what I am going to talk about

Preparation of Cash Flow Statement - Part II

RaGHuRaM 08 June 2012 at 11:38

Hi, friends! In continuation to my first part Preparation of Cash Flow Statement; Im writing this article to make it easier to prepare the cash flow statement. The second part explains the preparation of working notes. First we are going to s

Section 51: Tax deducted at source under GST

Varsha singh 01 November 2017 at 10:54

Details of how to deduct tax at source under GST

Beware Dealers Claiming Input Tax Credit

CA Saiyum khan 02 May 2012 at 11:22

One of my clients has received the demand notice from the Commercial Tax Department of Gujarat for payment of VAT against wrong claim of Input Tax Credit. On scrutinizing the relevant documents of input tax credit it was found that Tax Invoice was i

Filing of Balance Sheet and Profit and Loss Account in XBRL

CS Ankur Srivastava 11 June 2011 at 12:33

Filing of Balance Sheet and Profit and Loss Account in XBRL Format As such, now following class of companies are required to file their Balance Sheet and Profit and Loss Account in XBRL Format:- Listed Companies and their subsidiaries;