Dear All,Let me continue with Group 1.1. Advanced accounting/accountancy(now called Financial reporting): The best book to follow here is Padhuka's notes.It has beautiful steps and illustrations and latest uptodate exam papers and rtp.You dotn need t
“ANNUAL INFORMATION RETURN (AIR) – AN UNTOUCHED ISSUE” WHAT IS “AIR”? Section 285BA of the Income Tax Act, 1961, read with rule 114E requires certain specified entities to file an Annual Information Return (AIR) in res
Dear Students,Many have asked me this singular question:"I find study materials difficult, the language is difficult and it is dry and thus Im unable to study the study material, what should I do?"Simple answer: Study it anyways, the fruits
Hi All,Im sending a spate of articles as I have less time to do so, this week.This would be the last article for this week.I would be busy for the next 10 days.I might not be able to look into my PMs, but I would do so next time I log-in.So before I
SERVICE TAX & MOVIE THEATRES The question whether the activity of screening of film / movie (as supplied by film distributors) by theatre / multiplex owners would be covered under any of the taxable services, and whether it would be liable to s
Has India Inc been finally blessed with an amendment that could clear the smoke screen that is being created by the unprecedented volatility in the currency market?There used to be a time when the Indian rupee gained considerably against the U.S doll
This seems like a vexed question.Some avoid it saying, "Hey! Passing itself is difficult.If Im terribly lucky, I would get a rank."Some say, "Dont keep such aims like getting a rank.You might miserably fail"Some even say, "Ra
Dear Students,Time is precious.Dont waste it.Be simple.In my posts you get direct information-'dilse' no heavy brow stuff because I dont like wasting my time or anyone'stime in the first place.My achievements:1. CA-All exams-ranks in top ten.2. CPA(U
Six Sigma is a powerful methodology that can be applied to improve business processes. It is a structured approach to reduce variations from any process be it manufacturing, sales, marketing, IT, BPO, accounting or purchasing. Variation in any proces
Construction Contracts (IAS-11)A Construction contract is defined in IAS 11 as “ …A contract specifically negotiated for the construction of an asset or a combination of assets that are closely interrelated or interdependent in terms o