Popular Articles

Declared goods as per CST Act

Posted by Ravikumar.G 08 June 2020 243606 Views

Goods of special importanceThere are restrictions on imposition of sales tax on declared goods.Article 286(3)(a) of Constitution of India authorises Parliament to declare some goods as of 'special importance' and to impose restrictions and conditions

Resolution for Traces Website Error - Error in establishing connection with traces websocket emsigner

Posted by CA Kunal Arora 28 December 2023 242727 Views

Many of us during filing of TDS returns or rectifications on the traces portal have faced the issue as shown in the image.This article will guide you to 100% gu...

Depreciation rate as per companies act

Posted by CA Rahul Verma 10 February 2009 242291 Views

RATES OF DEPRECIATION UNDER COMPANIES ACTSCHEDULE XIV[See sections 250 and 350] RATES OF DEPRECIATION__________________________________________________________________________ Single Shift Double Shift Triple Shift Nature of Assets

The Companies Act, 2013 - Provisions relating to related Party disclosures

Posted by G S Rao 09 November 2013 240789 Views

Introduction: The Companies Act, 2013(the Act or New Act) aims at enhancing Corporate Governance by clearly defining the duties of directors and fixing additional responsibilities and defining the attributes and role of independent directors to

Capital gains exemption u/s 54EC of Income tax Act, 1961

Posted by Amit Bajaj 11 July 2018 240696 Views

Section 54EC of Income Tax Act, 1961 provides an option to save tax on capital gain arising from the transfer of long-term capital asset subject to fulfillment of certain conditions. Provisions of section 54EC are being discussed herein below for the be

DERIVATIVES -BASICS TYPES AND USES

Posted by jatin 27 September 2007 239861 Views

Roughly about seven years ago NSE , one of the leading stock exchanges in India(other includes BSE) inaugurated the trading in Derivatives .Though there were initial hesitation amongst Indian investors with respect to these supposedly new financial

New Section 44AD - Text and Discussion

Posted by Amol Gopal Kabra (CA,CS,DISA) 11 May 2011 239748 Views

An overview of New Section 44AD of the Income Tax Act, 1961 that comes into effect from A.Y. 2011-2012 Section: 44AD Special provision for computing profits and gains of business on presumptive basis. (1) Notwithstanding anything

Goods Transport Agency And Service Tax

Posted by CA. SRIKANTHA RAO T 09 September 2009 239079 Views

GOODS TRANSPORT AGENCY AND SERVICE TAXBy CA. Srikantha Rao T The levy of service tax on the services of transport of goods by road in its present form has been in force with effect 01.01.2005. The scheme calls for payment of service tax on freight

No TDS u/s 194J on Payments for Software Purchase

Posted by CA AMIT KUMAR SHARMA 30 March 2023 239017 Views

As Per notification no. 21/2012 dated 13.06.2012 no deduction of tax shall be made on certain payments by a person for the acquisition of software from another person.

The Companies Act, 2013 - Provisions relating to Directors

Posted by G S Rao 15 January 2014 235809 Views

Introduction: The Board of Directors is an important body elected by the shareholders which acts as agent of shareholders. The Board is collectively responsible for making policies for good governance and efficient running of the company. The Compani