INVOICE SYSTEM1. Introduction1.1 An invoice is the document under cover of which the excisable goods are to be cleared by the manufacturer. This is also the document which indicates the assessment of the goods to duty. No excisable good
INTERNATIONAL FINANCIAL REPORTING STANDARDS (IRFS)-GLIMPSEDilip K RainaWith the opening of world economies and cross border investments the need for adoption of uniform accounting standards while preparing financial statements was felt prompting v
WEALTH TAX AT A GLANCE Wealth Tax Act came into force on 1st April 1957. It is applicable to the whole of India. Under this Act tax is charged at the rate of 1% on the amount by which the net wealth of the assessee exceeds rupees fifteen lakhs on th
Johnny and Service Tax Refund Part - VIBy:-CA. Pradeep JainSiddharth Rutiya Visit us at: www.capradeepjain.comIn this unbroken series of articles on the issues relating to the problems faced by exporters under refund claim mechanism we herein are unv
BALANCE SHEET DISCLOSURE REQUIREMENT AS PER SCHEDULE VI (PART I) OF THE COMPANIES ACT, 1956 1.GeneralThe Balance Sheet of the Company shall be either in horizontal form or vertical form. Except in the case of the Balance Sheet laid before the compan
Company dispute resolution mechanism – Company Law in India: With the experience of looking at the litigation before the Company Law Board and the Company Court, with the privilege of looking at various judgments under the provisions of Compa
Government of India unveiled on 11TH Nov 2009 First Discussion Paper on Goods and Services Tax. Highlights: The Structure-Dual The proposed GST structure in India proposes dual structure. GST shall have two components- Central GST and State GST. Th
DEPOSITORIES AT A GLANCE INTRODUCTION National Securities Depository Limited (NSDL), the first ever Depository of the country, was established under the Depositories Act, 1996 and it commenced operations with effect from November 1996. Subsequently,
PROFIT & LOSS ACCOUNT DISCLOSURE REQUIREMENTS AS PER SCHEDULE VI (PART II) OF THE COMPANIES ACT, 1956 Sr. No. Sr. No. Particulars 1.
BRIC countries have always remained a favored destination for doing investments and getting good returns other that any other investments. Each day we hear a word called FII's. They are the ones who make the stock market climb new heights. In this ar
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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