Popular Articles

Related Party Transaction- Companies Act, 2013

CS Ankur Srivastava 22 October 2013 at 12:36

RELATED PARTY TRANSACTIONS UNDER NEW COMPANY LAW New Companies Act, 2013 emphasis on the Related Party Transactions and the manner of approval & disclosure thereof. Under section 188, consent of Board of Directors of company or in certain ca

Disallowance of Expenses in Computation of Profit and Gains

Member (Account Deleted) 29 October 2012 at 13:50

Disallowance of Expenses in Computation of Profit and Gains of Business or Profession Part - I Section 40(a) of Income Tax Act, 1961 Purpose: Disallowance of expenses for computing income u/s 28 of Income Tax Act, 1961. Applicability: All assesses

Career Options available with Company Secretary (CS) Course

Ankur Garg 17 September 2014 at 12:09

Dear CS Students, This is second article of this career series. In my previous article titled Professional Courses to be pursued after or along with CA we had discussed career options available along with or after doing Chartered Accoun

Tax treatment of Agricultural Income

CA Manish 24 October 2013 at 12:19

Agricultural Income Tax treatment / Taxability Agricultural Income : Agriculture income is exempt under the Indian Income Tax Act. This means that income earned from agricultural operations is not taxed. The reason for exemption of agricultu

Preparing For CA Final - Self study

CA Dhiraj Ramchandani 13 December 2010 at 12:23

PREPARING FOR MAY/NOVEMBER 2011 FINALS (Especially for Self Preparing Students for May/Nov 2011 Examinations) | DHIRAJ A. RAMCHANDANI | INTRODUCTION I know, many of us are always confused regarding our exam preparations. Either our doubt i

Sales Return in GST Act

Member (Account Deleted) 10 July 2017 at 10:34

I Statutory Provisions 142. (1) Where any goods on which duty, if any, had been paid under the existing law at the time of removal thereof, not being earlier th..

Depreciation under Companies Act, 2013

CA Rohit kapoor 01 June 2015 at 10:59

SCHEDULE II OF THE COMPANIES ACT, 2013(DEPRECIATION) AND THE PRACTICAL IMPLICATIONSo Friends, the time for Preparation of the first financial statements as per Companies Act is here. One of the most important provisions of the Act for the Companies a

Service Tax Amendments - Budget, 2014

Lalit Kumar Gupta 18 July 2014 at 13:02

AMENDMENTS IN SERVICE TAX BUDGET, 2014Service Tax changes and proposals are categorized in below manner:-1. Negative list of services2. Mega Exemptions Notification No. 25/2012-ST3. Notification No. 26/2012-ST4. Notification

Exemptions available to SEZ unit from CST

Amit Bajaj 12 February 2011 at 11:28

Section 8(6),8(7) and 8(8) of the CST Act deals with the exemptions available to a SEZ unit or SEZ developer from CST. When goods are sold to a SEZ unit or SEZ developer then no CST is payable by such unit or developer as per the above sub sections

Accounting for Amalgamation(as per AS-14)

RINKU GAUR 18 January 2016 at 10:54

Accounting for Amalgamation(AS-14) In general meaning Amalgamation implies blending of two or more existing entities into one, during the blending process blended entities losing their identities and forming into one separate legal entity having its