Popular Articles

Enrooting to Alternatives....

Posted by CA. Rayan Sequeira 06 October 2007 4416 Views

What happens if you are in need of money but bounded by laws & restrictions??? What would you do, if someone appreciates your work & is ready to avail funds for you to improvise & innovate your ideas.... & you cannot take it due to res

SOX Act of 2002: Overview

Posted by Ankit Dangayach 05 October 2007 15884 Views

The Sarbanes-Oxley Act of 2002 (SOA or SOX) "The Act does not differentiate between U.S. and Non U.S. companies in its application."What is Sarbanes Oxley Act of 2002?Legislation passed by the US Congress providing new corporate governance rules, re

Its Tax Audit Time

Posted by CA. Rayan Sequeira 05 October 2007 20738 Views

--Concept, emergence and prolongation of tax audit.The year 2007 marks the completion of 22 years of Tax Audit"It's not enough that we do our best; sometimes we have to do what's required", a quot

COMPROMISE UNDER VAT LAW

Posted by CA. Rayan Sequeira 05 October 2007 8631 Views

The word "composition" denotes mixture of more than one character. In general sense "composition" is an agreement between the parties where one party agrees to pay less than what has agreed in full satisfaction of the whole of the claim. Therefore

PRIVATE EQUITY FUNDS

Posted by CA. Rayan Sequeira 05 October 2007 7610 Views

PRIVATE EQUITY FUNDS- AN ALTERNATIVE FUND TO FUND BUSINESS. The concept of "business finance" has been refined to the form it stands today from the bygone "Baniyas' System", where investment needs of business were funded through pledge of personal pr

FILLING LOWER TDS? GET READY FOR A CALL FROM I-T

Posted by CA Nikita 04 October 2007 4177 Views

Individuals trying to evade taxes by getting a lower tax deducted at source may soon get a call from the tax collector. The finance ministry is planning to crack the whip on those trying to conceal their income and evade taxes through the system of t

MNCS GET TAX BREATHER ON ASSET SALE

Posted by Ravikumar.G 04 October 2007 5025 Views

Foreign companies selling assets in India could end up enjoying a concessional rate of capital gains tax of 10% even if these companies enjoy the foreign currency fluctuation benefit.This follows the ruling by the Authority for Advance Rulings (AAR)

AS 28 impact on OIL & GAS companies

Posted by CA Nikita 04 October 2007 7100 Views

D MuraliEven as the field personnel of oil andgas (O&G) companies continue to battle with many complexities toget us the fuel, their accounting colleagues are toiling with adifferent difficulty: how to apply the Accounting Standard on assetimpair

service tax refund to exporters

Posted by tarun 03 October 2007 5518 Views

Dear Sir,government of india has just issued a notification regarding service tax refund to exporters..can any one tell me much about this..plz let me also know what are the services on which the exporters can claim service tax refund...can any one t

Public Documents as 3rd party documents under the RTI Act

Posted by CA Nikita 02 October 2007 8557 Views

How can Public Documents under the Indian Evidence Act be treated as 3rd party documents under the RTI Act to deny its access-Rajib Gupta I was always under the impression that the laws are made to infuse discipline & serve the ends of justice &a