Popular Articles

Pension- Taxation issues

ESHA AGRAWAL 06 October 2014 at 11:10

Pension is a retirement benefit; this is taxed as salary in the hands of the employee. Tax is deductable under section 192 of income tax act on payment. Family pension received by the dependence of the employee is taxable under th

TDS u/s 194C-(Applicability in certain cases)

Yogesh Agarwal 02 February 2012 at 16:41

The section deals with the deduction of tax at source from the payment made to contractor. However, I am not dealing with the whole provision of the section but only with the contract for printing job or rather say manufacturing or supplying a pro

Preparation of Cash Flow Statement

RaGHuRaM 29 May 2012 at 14:08

Cash flow statement.As the name itself indicates the statement which only deals with inflow and outflow of cash (and cash equivalents) during the accounting year. Our work is to classify those inflows and outflows into three activities namel

As-22 Accounting for Taxes on Income - Brief Note

Shreya Sanghvi 03 November 2010 at 12:59

Accounting for Taxes on Income : What is the Object of this standard? In number of cases, the accounting income is different from taxable income that is profit as per Profit & Loss account is different compared to Income

Accounting Ratios

CA.Tarun Maheshwari 11 February 2009 at 12:30

To test Name of Ratio Formula Parties interested Industry norm Liquidity and Solvency ..

How to file ROC Return ?

Member (Account Deleted) 29 November 2013 at 11:27

How to file ROC 1) Why we file Return of CompaniesBecause under Companies Act every company is required to file annual return. 2) When and what information is required to file. Companies having Share Capital Companies having no shar

TDS u/s 195: Reimbursement of Expenses

CA Rohit Gupta 27 February 2015 at 10:40

Taxability of Reimbursement of expenses has always been a contentious issue. In most of the cases, assessee get away with non-taxability of reimbursement of expenses on the plea of no profit element. However, in some cases, even without profit elemen

Merger and Amalgamation - An Overview

CMA. CS. Sanjay Gupta 26 April 2011 at 11:23

The terms merger and amalgamation have not been defined in the Companies Act, 1956 though this voluminous piece of legislation contains more than 50 definition

Pre & Post Shipment Finance in Export Trade

SSA JI 13 May 2008 at 10:20

Pre Shipment Finance is issued by a financial institution when the seller want the payment of the goods before shipment. The main objectives behind preshipment finance or pre export finance are to enable exporter to: Procure raw materials. Carry ou

Channel Financing / Supply chain financing

RAM KUMAR GUPTA 04 August 2015 at 10:44

Channel Financing / Supply chain financing. Channel financing is a structured programme though which the bank offers short term working capital facilities to the supply chain stake holders i.e. buyer and the supplier.