Popular Articles

Capital Gain on Conversion of Capital Asset Into Stock

Amit Bajaj 07 March 2011 at 11:08

Section 45(2) of Income Tax Act deals with the cases where a capital asset is converted into stock in trade. Whenever a capital asset is converted into stock in trade by an assessee it is deemed as transfer of capital asset and attracts capital

10 points to remember in budget 2019-20

CA. Brijesh Baranwal 01 February 2019 at 17:10

Following the tradition for last 8 years, here are my ten major points from budget for 2019-2020, presented today. No income tax for income up to Rs. 5 la..

Procedure for transmission of shares under CA, 2013

Ankur Garg 05 September 2014 at 10:48

Dear Professional Colleagues, In my previous article I shared the procedure for Transfer of Shares under Companies Act, 2013. Now it is time to discuss Procedure for Transmission of Shares under Companies Act, 2013. Through this write up we shall dis

Dilemma of Single Group or Both Groups while filling the CA Exam Form

Tarun Kumar Madaan 12 February 2018 at 10:43

The examination forms of the CA Final and CA Intermediate exams for May'2018 attempt is already out.Last Date for Online Submission of form without late f

Works Contracts VS Contract of sales Whether Tax Deduction

taxindiaconnect 21 May 2009 at 15:10

Works Contracts VS Contract of sales – Whether Tax Deduction is required u/s 194C.Background - Chapter XVII of Income tax Act 1961 ( The Act) provides for the collection and recovery of tax from the assessee. Deduction of Tax is one of the var

A journey towards CA final - Tips

Hetvi Sheth 20 January 2015 at 16:23

A journey towards CA final - TipsHey guys! Congratulations to one and all not only those who passed CPT & CA Finals but also to all those who attempted. Chartered Accountancy is not just a mere course for acquiring skills and a bright career, it goes

Real life story of Old man and CA

CA.ViVeK M ACA 26 April 2011 at 11:22

Dear CCI friends, a) This is my effort to share among you a real life story. This is the real life story of my boss friend. b) When I failed in several time in CA exam then I have asked the question with my self as to is the word CA

Analysis of amendments in GST applicability on renting services of residential dwelling w.e.f. 18th July 2022

Ishan 18 July 2022 at 14:54

As per Entry 12 of Notification 12/2017- Central Tax Rate dated 28.6.2017, "Services by way of renting of residential dwelling for use as residence" is exempt.

Why I joined the 5AM Club

Nimish Goel 16 October 2014 at 11:33

I am writing this article purely out of my deep interest for each one of you to understand the importance of getting up early in the morning, at 5AM. I used to get up early in the morning (5 AM) when I was a student and study in those beautiful earl

Modern bulk payouts alternatives to corporate internet banking (2018 Update)

Guest 18 September 2018 at 17:22

Modern bulk payouts alternatives to corporate internet banking (2018 Update)Professionals handling finance function of businesses interact with banks on a regul..