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Tips to Prepare for Audit

Posted by CA CS CIMA Prakash Somani 05 September 2009 39707 Views

Tips to Prepare for Audit ( IPCC & CA Final )Prepared by : CA Prakash Somani (CA, B.Com, NCFM (CMDM), Pursuing CS)1. Don’t go by size of modules, they are easy to read2. While different peoples' learning styles will vary, it is genera

XBRL Filing - 2012

Posted by CS Ankur Srivastava 08 November 2012 39700 Views

As such, following class of companies are required to file their Balance Sheet and Profit and Loss Account in XBRL Format:- Listed Companies and their subsidiaries; Companies having paid up capital of Rs. 5 Crores and above;

Amount Received Under A Settlement Or Decree May Not Be Taxable Under IT Act 1961

Posted by Adv. Ravish Bhatt, ADIT, CIOT 22 August 2022 39682 Views

In practice, nature of receipt shall be determined by extensive scrutiny of pleadings in suit and / or recitals contained in the settlement agreement and careful drafting will be quintessential.

Taxation of Non Resident Shipping Company

Posted by Gagan Gupta 25 January 2009 39675 Views

Applicable section – Section 172Shipping business of non-residents.172. (1) The provisions of this section shall, notwithstanding anything contained in the other provisions of this Act, apply for the purpose of the levy and recovery of tax

Decoding the Extension in GSTR 3B Return Filing Date

Posted by NITIN GOYAL 14 February 2018 39645 Views

GST Council had earlier decided to defer the filing of return in FORM GSTR-3 and had recommended the fili

Section 44AD (4): Consequences of Opting Out of Section 44AD(1) - Part V

Posted by CA.R.S.KALRA 26 October 2021 39645 Views

If a person has opted for a presumptive scheme of taxation u/s 44AD in any one year then they have to remain in the umbrella of section 44AD for the next 5 years.

Managing studies with Articleship

Posted by Rohit Gupta 22 December 2010 39641 Views

Chartered Accountant (CA) is one such initial which is so prestigious to place before your name. But to be able to do so, you need not only to go through the years of articleship but also the rigorous exams. While the articleship period passes thr

Indian accounting standards converged with IFRS (Ind AS)- An Overview

Posted by Amit Bavishi 17 April 2015 39628 Views

The world is getting smaller and smaller,globalization has made it possible to accept the world as one market. For better understanding of the business reporting and consistency in accounting policies, there was an urgent need to align to one global

Service Tax, Excise and Custom Changes in Budget 14

Posted by Bimal Jain 11 July 2014 39627 Views

Bimal JainFCA, FCS, LLB, B.Com (Hons)Mobile: +91 98106 04563; E-mail: bimaljain@hotmail.comDear Professional Colleague,The Union Budget, 2014 presented by the Finance Minister today is promising on buildingconsumers confidence, investor