Popular Articles

Consolidation requirements under AS-21

CA Prabhakar Dubey 13 December 2010 at 12:23

Issues: There are two companies. Both companies holding 50:50 in one another company. After some period of time, one company purchased additional 1 equity shares due to which the holding of this company is increased more than 50%. Is in this case co

Cash flow statement (CFS) is mandatory as per the CA, 2013

CA Pankaj Kr Agrawal 06 April 2015 at 10:11

Companies Act 2013 - Financial Statements to include Cash Flow Statement and Statement for Changes in Equity The Companies Act, 2013 (the Act or New Act) brought in many changes which directly impact preparation of financial statements and require un

Highlights of Budget - Finance Bill, 2014

Member (Account Deleted) 17 July 2014 at 15:50

PART - I ** Announcements Not to ordinarily bring about any retrospectively. Instead of tax officers, High Level Committee to scrutinize indirect transfer cases covered by retrospective amen

My Tips and Tricks for Information Technology

CA Madhukiran Reddy 15 March 2011 at 11:11

MY TIPS AND TRICKS FOR INFORMATION TECHNOLOGY Friends, finally we came to climax of the series I mean the only balance subject in our journey the tips and tricks self study articles. For the students who have a little knowledge about computer the

Direct Tax Amendments for May 2019/Nov 2019 Examinations - Part 1

CA Mehul Thakker 25 January 2019 at 17:21

The exam importance of Direct Tax Amendments ranges between 20 marks to 40 marks. As a student, one cannot ignore the amendments made by relevant Finance Act. A..

CA, I am Possible! (Making Impossible Possible)

@VaibhavJ 25 January 2013 at 18:14

Hey Friends. After result i saw students running here & there for what to do next? This made me to write this article & put what all i have learned all dis years from Books, Workshops, Online Cources & so on. Today we will be exp

CA in Job Vs CA in Practice: Who is better in the long run?

CA Rohit Jain 05 October 2016 at 15:23

In this article, I will try to provide you with few factors for comparison, so that you can make an informed decision for yourself after weighing all the pros a..

Overview of Micro, Small & Medium Enterprises (MSMEs) Sector

Rajkumar Adukia 27 October 2012 at 12:09

INTRODUCTION Worldwide, the micro and small enterprises (MSEs) have been accepted as the engine of economic growth and for promoting equitable development. The MSEs constitute over 90% of total enterprises in most of the economies and are credit

Gift u/s 56(2)

Rahul Poddar 19 May 2010 at 12:37

TAX TREATMENTS ON GIFT The amendment of Sec 56(2) of the income tax act has intensely changed the scenario of the tax treatment of gifts received by an assessee. The amended provision states that · Where any sum of money exceedin

Understanding Penalty under income tax with latest case laws

Manish Kumar Agarwal 11 June 2014 at 11:28

Penalty is one of the weapon which is now used by Income tax department (ITD) for each & every kind of addition they are making during the assessment. Further recently the weapon also used for transfer pricing documentation also. The handling of