Popular Articles

Renting of immovable property - Waiver of Penalty

CA Meenu Garg 26 July 2012 at 12:53

Taxability of Renting of Immovable property service levy came in to effect from 01-06-2007. And the latest development in the same claims to provide the assesses with a benefit by waiving of penalty and litigation. As per the legislative changes r

Changes by Finance No.2 Act,2014 regarding charitable trust

tamanna 05 September 2014 at 10:48

A) Section 10 exemption benefit not allowable to trust registered u/s 12AA Now, the trusts or charitable organisations registered under section 12AA or has obtained registration u/s 12A as has been there earlier, are not eligible to claim exe

Importance of Gaining Knowledge About Client's Business

ashish sharma 11 May 2013 at 13:31

In an audit it is important for an auditor to acquire sufficient knowledge about the client's businessthis will not only help him/her express an opinion as to the truth and fairness of assertions in the financial statements but also help him/her safe

Know your GST State Code

Ritika Agarwal 24 July 2020 at 13:16

GST State Code is a code in the GST system, each state is allotted with a two-digit numerical code which will help to identify the business entity.

PPF Account

Ketan 21 October 2013 at 16:56

What is a PPF account? Public Provident Fund (PPF) is the scheme floated under the PPF Act 1968 by central government. PPF is one of the safest investment product backed by Government of India and also gives tax benefit under section 80(c) of the In

All about TDS return

mansi goel 03 July 2015 at 10:57

So the due date for filing of TDS return for 1st quarter (Apr 15-Jun 15) is 15thJuly 2015 which is about to come. As TDS return is required to be submitted electronically in some cases which can be prepared with the help of return preparation util

GST on discounts - An analysis

Annu Agarwal 28 August 2018 at 11:00

Discounts under GSTHey all!!I am section 15(3)of the CGST Act.I cover the important provision of discounts in GST.Do you Know??Every discount provided by suppli..

Applicability of TDS provision on Govt departments

Apoorva Moonat 10 October 2017 at 11:02

In this article, an attempt has been made to analyze the provision whether this section is applicable to government departments.

Service provided by Directors & Security Services

Bimal Jain 11 August 2012 at 13:35

Service provided by Directors and Security Service under partial Reverse Charge: Dear Professional Colleagues, The CBEC has issued following notifications dated August 7, 2012 which are summarised here below for your easy digests: Notification No. 4