Popular Articles


Be Alert! Companies watch out provisions of loans & deposits or else have repay it!

Posted by CA Umesh Sharma 25 June 2014 31442 Views

Arjuna (Fictional Character): Krishna, many companies are worried, as they will have to submit new return about deposits and loans before 30th June 2014, as stated



Career opportunities in Costing

Posted by CMA Ramesh Krishnan 18 January 2011 31434 Views

Career opportunities in Costing Introduction: In present Indian Scenario Costing is very challenging & bright career option in the field of Accounts. According to the section 209 (1) (d) of the companies act, 1956, provides that in case of Comp



Reimbursement of expenses part of taxable value: ST

Posted by Vishal 03 September 2013 31429 Views

In a normal course of service industry, a service provider charges an amount for providing the services along with service tax which is paid by the service receiver. Such service tax is calculated and paid according to the service tax provisions con



Full Summary of Form 15CA & 15CB Requirements & relevant Provision

Posted by CA Manan Gupta 16 October 2015 31421 Views

Firstly to understand the provisions & needs of Form 15CA & 15CB, we have to understand the income Tax Act & Rules made behind the compliances and transactions required the compliances of Form 15CA & 15CB.1- Section 195(6)of Income



Guide to accounting for financial instruments and derivatives

Posted by Vinod Kothari 25 April 2021 31420 Views

Guide to accounting for financial instruments and derivatives All that stuff about AS 30, 31 and 32 Note of cautionWe would like to start this article with two notes of caution. First, AS 30, 31 and AS 32 are Indian accounting standards that corresp



Cheque Truncation System: Digitisation in Banks

Posted by R. Sudarshan Bala 28 December 2012 31404 Views

CHEQUE TRUNCATION SYSTEM: A TOOL REQUIRED FOR DIGITISATION IN BANKS As we all know the environment around us is highly dynamic and volatile which necessitates continuous updation and improvement in order to survive competitively. The



Updated due dates for various GST Forms

Posted by Shri Kant 12 September 2018 31404 Views

Dear Readers,It's my pleasure to put recent GST updates with you here at this prominent plateform in simplied manner.Recently the Central Board of Indirect



ITC Reversal on Non-Payment to vendors within 180 days

Posted by Chirag 18 November 2018 31397 Views

As Per Section 16 of CGST Act 2017, the registered person is entitled to take



A CHECK LIST FOR TAX DEDUCTION/REBATE

Posted by Aisha 07 January 2008 31380 Views

A GENERAL CHECK LIST FOR TAX DEDUCTION/REBATE(F.Y.2007-2008 ) COMPILED BY NIHAR RANJAN BEURAMANAGER (FINANCE)CRL-BEL,BANGALORE. 1. House Rent Allowance - u/s 10 (13A) : (a) Original rent receipts from the landlord to be kept. (Note: Rent



Refund to Cement Dealers vis-a-vis impact of after sales discount on Revenue Collection

Posted by PAWAN KUMAR KEDIA 19 June 2014 31370 Views

ITC Refund to Cement Dealers vis-a-vis impact of after sales discount on Revenue Collection.Introduction: Generally Cement Companies announces after sales discounts called ex post facto discount by way of credit notes to cement dealers. As a result




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