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TDS on Payment made to the carrier engaged for road transport

Posted by CA Bikash Gupta 16 December 2019 28249 Views

The assessee-company was engaged in refining crude oil and storing, distributing and selling the petroleum products, The assessee-company required trucks for road transportation of bulk petroleum products from its various storage points to customers or other storage points. It entered into an agreement with another company for the said purpose.



Time-Time ki baat hai - Part 3

Posted by Prof. Bajaj 25 October 2014 28247 Views

Look Whos here !! Mr. Desai, Good to see you. said Mr. Suren Mehta, a retired banker. He was sitting with few other friends, Mr. Ajit Khanna and Mr. Rajat Ghosh, in a park as their daily routine in retirement days. He suddenly sa



Internal Financial Control

Posted by P.R. Sethuraman 09 December 2017 28245 Views

The first and foremost duty of auditors with regard to Internal Financial Controls over Financial Reporting is to see and get satisfied as to the framework set in place as specified in the Guidance Note and as �declared in Directors



Details of GST in Income Tax Returns

Posted by CA Umesh Sharma 12 January 2019 28240 Views

Details of GST in Income Tax ReturnsArjuna (Fictional Character): Krishna the due date to file income tax returns for some taxpayers for the year 2017-18 is 31s...



No Reversal of Cenvat Credit on Input Services U/R 3(5)-CCR

Posted by Bimal Jain 06 May 2013 28226 Views

No Reversal of Cenvat credit on Input Services U/R 3(5) of CCR, 2004 as applicable for reversal of Cenvat credit on inputs or capital goods only We are sharing with you an important judgement of Honble Kolkata CESTAT in the case of M/s Seven



Thought Before CA and What after CA!

Posted by CA Sandeep 21 June 2012 28225 Views

Hi Pals.Serious or Humour u decide!! When i was in 11th Std (2002), i use to see some of the aged people who use to write some exams with the younger ones.. I started guessing which must be this exam?? IAS, MBA, B.com naa.. Until to my surprise w



The Panama Papers: Things Explained in a Nutshell

Posted by Damandeep Singh 17 June 2016 28224 Views

"The Panama Papers Leak� these days this is the most running hot news on newspapers, TV channels, Internet & all other sources of media. Everyone wants to know, what it is all about, mostly due to the names of personalities being asso



The Assignment called Con-Current Audit

Posted by CA Satish Badve 13 December 2011 28221 Views

My Views.I remember these assignment had started in the year 1996 onwards. EARLIER: At that time since it is a new area,



Issues in issue of Form C under CST Act 1956

Posted by Mahadev 14 October 2014 28214 Views

Issues in issue of Form C in CST Mahadev.RFollowing are the goods specified u/s 8(3) of CST Act 1956 in respect of which an interstate sale to a registered dealer is liable to tax at concessional rates i.e. 2% or state rate whichever is



Money Laundering in India

Posted by Ayyswariya RG 16 August 2014 28210 Views

Hi all, Let us start from definition of Money laundering defined under Prevention of Money Laundering act, 2002 & with some insights about its impact on economy. Definition of Money Laundering:- Money laundering involves disguising financial asse




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