Popular Articles

Service Tax- New Approach

Posted by Jeevesh Mehta 01 August 2012 162898 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 162823 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 22 December 2023 162363 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

Issue of securities by private companies under Companies Act

Posted by Shashikant Sharma 08 July 2014 162005 Views

ISSUE OF SHARES BY PRIVATE LIMITED COMPANIES As per section 23 of the Companies Act, 2013 (the Act) a private company may issue securities- by way of rights issue or bonus issue or through private placement In case of private company ei

How can we download TDS certificate from TIN website?

Posted by Naveen Chand Khulve 18 April 2012 161923 Views

As CBDT has issued an important circular [CIRCULAR NO. 01/2012 [F.No. 276/34/2011-IT(B)], DATED 9-4-2012] regarding issuance of TDS certificate in Form 16A in respect of all sums deducted on or after 01-04-2012. As per this circular:-1) All deductors

80G Tax Deduction Limit

Posted by Dintakurthi Tirumala 21 February 2024 161892 Views

SECTION 80G DEDUCTION ELIGIBLE COMPUTATION According to this section if the donation made to APPROVED FUNDS/CHARITABLE INSTITUTIONS deduction shall be eligible. For the purpose of this section to get deduction/exemption eligibility, donations are c

CFA (US) & CPA (US) - Overview & Comparison

Posted by Rahul Gupta 30 June 2010 161379 Views

Friends, since I joined CFA, I came across number of queries through PM, comments on my profiles, mails etc and also, having a look over the forums and queries on CCI, I feel that most of us are not aware about the course and some have certain doubts

Applicability of Form 15CA and 15CB w.e.f 01/10/2013

Posted by CA. Anuj Gupta 10 September 2013 161127 Views

CBDT has again changed the Rule 37BB of Income Tax Rule and \the new rule will help the Indian Parties remitting/paying the monies to foreign persons/companies. Now it has been provided that in case of 28 types of payments , there shall be no need

Financial Statements of Banks

Posted by P.T.S. MURTHY 22 July 2023 160621 Views

Bankers are familiar with Profit & Loss Account and Balance Sheet of Corporates as they day in and day out read, analyze, disseminate information for processing the credit requirements of the borrowers. They calculate

Procedure for Revaluation of CA Exam Answer Sheets

Posted by Ankur Garg 12 August 2014 160468 Views

Dear CA Aspirants,Today i.e. on August 08, 2014, CA Final result has been declared by ICAI and many students got positive result and many missed it by few marks. As per my personal opinion ICAI never allows the revaluation of answer sheets and it is