Popular Articles

Clarifications to issues some of the issues relating to TDS:

Posted by CA Anand Sarda 17 December 2009 16201 Views

Clarifications to issues some of the issues relating to TDS: 1) Whether capitalization of interest payable attracts TDS U/S 194A?A) Yes, Capitalization of interest payable attracts the provisions of TDS. TDS is to be made on interest payment regardl

The Big 5 Cost Reduction Tactics

Posted by Prashant 17 December 2009 14403 Views

As we near the end of 2009 which has been a very difficult year for employers and employees alike, I am taking this opportunity to list the Five Most Commonly Used Cost Reduction Tactics for 2008 and 2009. Many businesses have applied more than one

Accounting & Taxation Impacts of Cert. Emission Reductions

Posted by CA. Rishabh Mittal 17 December 2009 13965 Views

ACCOUNTING ASPECTSICAI has already issued Guidance Note on Accounting for Self Generated CER’s & it is made effective from 01st July, 2009. It mainly focuses on recognition of CER’s in financial statements. Here, we’ll discuss

Cheap money is here to stay

Posted by Equitymaster 21 October 2019 5307 Views

It is that time of the year again when the US central bank takes a call on what yield most asset classes around the world should trade at. And it appears near certain that the status quo is going to be maintained. The Fed is expected to announce its

A Study on GST`

Posted by CA Ayush Agarwal 17 December 2009 24876 Views

Hey All Members, I am Trying to Present a Brief Study on GST which will Be applicable From 01/14/2010BackgroundThe effort to introduce the new tax regime was reflected, for the first time, in 2006-2007 Union Budget Speech. The then Finance Minister M

MAT in Simple Way

Posted by CA Ayush Agarwal 25 April 2021 12220 Views

Friends, I Hav Tried To Present MAT in simple Way.1. Normally companies are maintaining two set of books of accounts.2. Some times income computed under income tax law will be zero or negative. In this situation the company will escape from payment o

An overview of Section 194 J of Income Tax

Posted by Amol Gopal Kabra (CA,CS,DISA) 16 December 2009 104402 Views

Section 194 J – An overview (Effective 1.10.2009) Section 194J of the Income Tax Act, 1961 has the heading a “Fees for Professional and Technical Services”. However the Section covers the following categories 1. Fees for Profe

Financing of exports by banks (Packing Credit)

Posted by CA.Parsun Garg 16 December 2009 85659 Views

Financing of exports by banks: Advances by commercial banks for export financing are in the form of:a) Pre-shipment finance i .e. before shipment of goods : This usually, takes the form of packing credit facility, which is an advance extended by bank

Section 194 C of Income Tax, An overwiew.

Posted by Amol Gopal Kabra (CA,CS,DISA) 15 December 2009 82888 Views

Section 194C - An overview (Effective 1.10.2009) Section 194C of Income Tax Act, 1961 covers “Payment to Contractors and Sub-contractors”. Even if the words contractors and sub-contractors are given, it also covers other types like works

Insurance Claim CS Foundation

Posted by CA SURENDRA KUMAR RAKHECHA 15 December 2009 8983 Views

For the help of CS Foundation Students; I have prepared short notes in very precise form. These will not only clear the concepts; but will also be useful while attending theoritcal and practical question.INSURANCE CLAIMS INTRODUCTION : Insura