Popular Articles

Restricted Input tax credit on inter-state stock transfers

Amit Bajaj 03 July 2012 at 13:52

Restricted Input tax credit on inter-state stock transfers whether constitutional? Most of the States have legislated provision in their respective VAT Acts for allowing a restricted input tax credit on the goods purchased within State if such goo

Tax Deduction at Source

CA Lalit Mohan Agarwal 23 July 2009 at 13:43

Tax deduction at source is a method of collecting taxes on behalf of the Government at the time of payment or credit. The Income-tax Act casts a legal responsibility on the deductor to deduct tax on the correct amount, at the correct rate and deposit

Why PPF is not a risk free investment?

VIVEK SHARMA 02 March 2012 at 12:00

Public Provident Fund (PPF) is a very popular investment option for salaried individuals. People use PPF as a tax saving tool. Under Section 80C of Income Tax act in India, you can make investments upto Rs.1 lakh in PPF and get tax benefit of 30.

Some important notes before finalising TRAN-1 even if already filed

CA Anuj Agrawal 06 September 2017 at 11:34

Useful points before finalizing TRAN-1 (practical point of view)- 1) Rule 117 (1) - "Provided further that where the inputs have been received from an Export ..

OPC Annual Filing: Compliances & Due Dates

CS Lalit Rajput 26 September 2022 at 08:48

The article explains about OPC Annual Filing

Equity share capital and Balance Sheet

P.R. Sethuraman 09 January 2019 at 11:45

Introduction:A glance through of the Ind. AS will highlight a hell of a difference of treatment of Equity share Capital from IGAPP as well

Checklist and Procedure for Allotment of Shares for FDI in India

Vishal mishra 05 March 2016 at 11:36

This is a checklist of documents and procedure required to allot foreign shares to an Indian company after receiving FDI in India complied and arranged from internet only updated upto March 03, 2016. Procedure of FDI in India under Automatic

GST on Sale of Land

Deepak Bapat 09 October 2021 at 11:00

GST on the sale of land is not payable as per Para 5 of Schedule III of the CGST Act which provides that a transaction of sale of land shall be treated neither as a supply of goods nor a supply of services.

Change of registered office of a LLP

Tanuj Chandra Saxenaa 10 December 2021 at 15:03

The partners need to check the LLP agreement, in case it provides for the procedure for shifting the registered office of the LLP. In case no procedure is prescribed, obtain consent of all partners regarding change of registered office.

Analysis of Financial Reporting (CA Final - Old / New) Paper May'19

CA Sumit Sarda 31 May 2019 at 14:33

Analysis of FR CA Final Old syllabus paperThe paper has been lengthy and compared to previous 2 attempts has been difficult. This time ICAI asked questions in w..