Popular Articles

SEBI - an understanding

Posted by Durga Rao 26 May 2009 10463 Views

SEBI – an understanding: The clause 45B of section 2 of the Companies Act, 1956 defines the word “Securities and Exchange Board of India” mean the Securities and Exchange Board of India established under section 3 of t

Few important points connected to Company Law in India

Posted by Durga Rao 26 May 2009 14479 Views

Few important points touching Company Law in India: · The study of company law can’t be seen in isolation with other laws like SEBI Act, RBI Act, Depository Act, the Securities Contracts Regulation Act, the debt recovery and sec

Cenvat Credit Under Service Tax

Posted by Madhukar N Hiregange 26 May 2009 273835 Views

CENVAT CREDITS UNDER SERVICE TAX By Madhukar N Hiregange FCA& Sudhir V S. B.com , ACA The Cenvat Credit Rules 2004 has followed the Modvat provisions of 1987. This has replaced the Service Tax Credit Rules 2002 which was in vogue for two years w

CA Students - Analysis of cash flow statement

Posted by CA. Dashrath Maheshwari 26 May 2009 35015 Views

Ramesh Gupta12.00Chartered Accountancy – IPCC/PCC/FINALAnalysis of cash flow statement (CFS)The cash flow statement is a mandatory part of a company's financial reports since 1987 in India, It records the amounts of cash and cash equivalents co

Cascading effect of taxes

Posted by Mahadev 19 May 2009 38915 Views

CASCADING EFFECT OF TAX IN INDIA The intention of this article is to spread a light on the cascading taxation effects present in India and the impacts and the possible remedy for the same. The main objective of any taxation in any part of the world

Comparison of Pvt Vs Public Company

Posted by CA.Tarun Maheshwari 20 May 2009 42570 Views

COMPARISON BETWEEN PRIVATE LIMITED COMPANY & PUBLIC LIMITED COMPANY MEANING:A private company is one which-(a) has a minimum paid-up capital of Rs. 1lakh or such higher capital as may be prescribed and ;(b) by its Articles of Association

Works Contracts VS Contract of sales Whether Tax Deduction

Posted by taxindiaconnect 21 May 2009 36281 Views

Works Contracts VS Contract of sales – Whether Tax Deduction is required u/s 194C.Background - Chapter XVII of Income tax Act 1961 ( The Act) provides for the collection and recovery of tax from the assessee. Deduction of Tax is one of the var

PCC Auditing some tips

Posted by CA Swapnil 20 May 2009 13557 Views

Friends,I have cleared PCC in nov-08 (audit -70).i would like to share some tips regarding auditing with you which might help....1)Read all AAS thoroughly.Remember the names of AAS.(a question on a name of AAS & its corresponding number was asked

CROSS BORDER M&A-TAXATION ISSUE

Posted by GAURAV 12 May 2009 20552 Views

Cross-border mergersandacquisitions - Addressing the taxation issues from an Indian perspectiveGAURAV GOELThe boom in cross-border Mergers and Acquisitions (M&A) has given new urgency to understanding and managing the complex tax consequences of

Participatory notes

Posted by Bhavadharani 12 May 2009 13619 Views

PARTICIPATORY NOTES P- Notes ‘The backdoor entrants’:Foreign Institutions, or FIIs as we refer to them, are overseas entities registered with the country’s stock market regulator, SEBI. On registration, these entities can directly