Popular Articles

The Companies Act, 2013 - Provisions for Directors

Posted by Disha Saini 20 September 2013 166143 Views

The Companies Act, 2013 has come into existence on 29.08.2013 that replaces a nearly six decade-old legislation and overhauls the way corporate function and are regulated in the country. This article contains the description of some provisions relat

VALUE ADDED STATEMENT

Posted by CA Lalit Mohan Agarwal 25 June 2009 165809 Views

Value Added Statement Value Added Statement may be called the part of the development in the financial reporting but the concept of Value Added is considered old. Accountants in UK have periodically deliberated upon that the concept should be incorp

Applicability of Sec 40(a)(ia) on year end TDS provisions

Posted by Manikanta Raju CA,CWA,(CS) 22 December 2009 165458 Views

Introduction: One of the important aspect during the tax audit is whether payments made towards specified expenditure attracts disqualification u/s 40(a) (ia) and applicability of this section to provisions made at the year end and its implications.

CA Surabhi: It took me 17 attempts without any break to clear CA final

Posted by CA.Surabhi Raizada 28 August 2019 164514 Views

Journey of becoming CA: Never settle for less than you deserveMy CA journey began in same year i graduated from senior secondary school in 2006. I cleared CPT (now foundation) with distinction in my first attempt in 2006 itself. I managed to clear bo

Admissibility of Swachh Bharat Cess as Cenvat Credit

Posted by VIKAS KHANDELWAL 03 December 2015 164495 Views

CBEC released a FAQ on 14.11.2015 which clarified that Swachh Bharat Cess (SBC) shall not be available as CENVAT Credit and liability of same cannot be discharged by utilizing CENVAT Credit. Q.14 of FAQ dealing with the issue is reproduced as under:

CA Articleship: Some useful Corporate Board Resolutions-I

Posted by Ankur Garg 14 December 2009 163948 Views

Dear Members, Please find below a useful corporate article containing some useful sample board resolutions dedicated to CA students doing articleship and looking after corporate affairs of their firms. This article is also very handy for other profes

A Comprehensive Note on Input tax Credit under Gujarat VAT

Posted by CA Pradip Shah 07 July 2008 163089 Views

Input Tax Credit Under Gujarat Value Added Tax Act A Comprehensive Note on Input tax Credit under Gujarat Value added Tax ActBy CA. Pradip R Shahe-mail: pradip_shah@vsnl.comINDEX Description

Service Tax- New Approach

Posted by Jeevesh Mehta 01 August 2012 162897 Views

BRIEF OF FEW CHANGES MADE IN SERVICE TAX BY FINANCE ACT, 2012, APPLICABLE FROM 1, JULY, 2012 Budget has unhered a new system of taxation of services known as Negative List Approach. Till now services of specified description were sub

Companies will not be able to receive share app money in cash

Posted by CA Nitesh Kumar More 08 November 2013 162819 Views

Penalty upto 2 crores: Private/Public Ltd. Co. will not be able to receive share application money in cash, utilize share application money for business & will have to open separate a/c for share application Many of the private limited compani

ITC on gifts under GST

Posted by CA Roopa Nayak 12 March 2019 162224 Views

Background Every registered person is eligible to avail credit of input tax charged on any supply of goods or services, which are used in the course or �f