Popular Articles

Ledger Scrutiny - Backbone of Statutory Audit

SANYAM ARORA 30 August 2012 at 16:42

Greetings of the Day to all the members of CCI Family. So Professionals September season is going to start & i know everyone will be busy with their respective Audits. The same thing is happening with me & i am also fed up of 6 A.M TO 10 P

Section 141 of the Companies Act, 2013 on Eligibility, qualifications and disqualification of auditors

P.R. Sethuraman 03 October 2016 at 10:47

The purpose of the article is limited to the topic on Section 141 of the Companies Act, 2013 on Eligibility, qualifications and disqualification of auditors

Service Tax on Export of Services

Guest 19 November 2013 at 15:37

Since the day I started reading tax it was dinned in my ears that exports are tax free and that it is akin to blasphemy to export tax. Change alone is permanent in this universe and taxation is no exception? The Finance Act, 1994 has seen many ups

Stamp duty on transfer of shares

G S Rao 20 August 2012 at 12:10

Introduction As per Indian Stamp Act,1899, Stamp duty is payable on instruments and an instrument has been defined as any document

Holding Company/Subsidiary Company - The Companies Act, 1956

Venkateswara Rao Sapare 29 May 2012 at 14:08

How do we assess which company is a Holding Company and which is its Subsidiary Company? A Holding Company may be a Subsidiary Company of some other Company. Similarly a Subsidi

Filing revised return under Income Tax Act, 1961

Amit Bajaj 06 June 2011 at 13:19

If a person has filed his return of Income u/s 139(1) of Income Tax Act 1961 i.e within the due date of filing the return and if he subsequently finds that in the original return he has committed some mistake bonafidely then he can revise his return

Annual Filings of LLP

Perila Sheth 16 April 2014 at 10:50

ANNUAL FILING OF LLP All LLPs shall be under obligation to maintain annual accounts reflecting true and fair view of its state of affairs.Every Limited Liability Partnerships (LLPs) is required to file LLP Form 8 (Statement of Account & Solvency

What is Professional Skepticism

Kaustuv 28 January 2008 at 10:32

Professional skepticism § Professional skepticism is a key element of a quality audit § Professional skepticism means: · Not accepting the evidence you have gathered at face value· Continuing to pursue all avenues of inquiry on the topic at hand

House property Income Computation

PC-www.bharadwajinstitute.com 21 June 2008 at 16:00

Income from House Property (Section 22 to 27) HP under Rent Control Act HP not covered under Rent Control Act a. FRV or MRV whichever is higher b. Amount (a) or SR whichever is

Issue Of Debentures Under Companies Act, 2013

Neha Rajan Redekar 20 October 2021 at 09:56

Debenture is a written instrument acknowledging a debt to the company. It contains a contract for repayment of principal after specified period or at option of company together with interest.