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75 draft issues,discloser and notes to MVAT Audit Report

Posted by CA Umesh Sharma 28 August 2019 41988 Views

Let’s go through the requirement of New Form 704 for important disclosures and notes, which may be helpful to mvat auditor to explain his views. Further the mvat auditor shall be a careful draftsmen of audit report. The Mvat audit report will



Union Budget 2015: Key Changes in Indirect Taxes - Service Tax, Excise and Customs

Posted by Bimal Jain 02 March 2015 41986 Views

Amidst huge expectations, the Honble Finance Minister Shri. Arun Jaitley presented the first full-year Budget of the Honble Prime Minister Shri. Narendra Modi's Government on February 28, 2015, Saturday in the backdrop of easing inf



Cash gift and restriction on cash transaction

Posted by CA PIYUSH KAPOOR 08 May 2018 41968 Views

MEANING OF GIFT56(2)(vii) is applicable only when gifts are received by Individual and HUF. Donor or Donee may be Resident or non Resident. As per the Income Ta...



Service Tax on Commission from MNC

Posted by Ankit Gupta 01 December 2012 41951 Views

Gupta and team (argtaxconsultants@gmail.com) Facts: M/s. XYZ India Pvt. Ltd (100% subsidiary of a MNC) receives commission Income from the MNC(Parent Company) on account of booking orders



How to make VLookup Foolproof

Posted by Ramkrishna Mokashi 12 September 2014 41940 Views

In your day job, you have an excel workbook which is setup to get you the values you need, in the format you need. Probably using basic formulas, including VLookup.Nothing is more annoying and depressing to get your carefully set VLookup formulas get



Diminishing Returns of CA's

Posted by CA DHANANJAI KUMAR 09 November 2013 41922 Views

Chartered Accountants an expert in the field of Accounts and Audit!!!! Does this Statement suits the CAs these days, Very difficult question to answer, Right??? The Fundamentals ( Basics) Even having such a vast and comprehe



Bad times are good enough - And life goes on

Posted by CA Sourabh Agarwal 27 December 2011 41916 Views

This happens to all somewhere, sometime, with or without someone, etc I learnt a lot after PCC results and one the most important thing to understand was no matter what unexpected changes you get into, life goes on. Either you have to adjust



E-pay tax : Income Tax, TDS through Income Tax Portal

Posted by Venkatesh 10 May 2024 41915 Views

Last week 7th of Nov 22 was the due date for payment of TDS deducted during the month of October 2022, whereas most of them would have noticed that in tin-nsdl portal



Audit of the company - a quick summary

Posted by CA Chiranjiv Kumar 30 October 2013 41907 Views

Given below are the some of the common questions asked regarding the audit of the company. What if auditor is taking audit to fetch personal gain in a company? Thats why there is a limitation imposed by CG prohibiting the appointment of audi



Section 185 - Loan to directors

Posted by PRIYANKA HARNOTIA 29 December 2020 41893 Views

SECTION 185- LOANS TO DIRECTORS, ETC. Section 185 lays down provisions relating to providing loans, guarantee and security to directors and other persons in who...




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