Popular Articles

Ineligible ITC under GST

Posted by Rohit Kumar Singh 09 September 2020 28149 Views

For a taxpayer, it is essential to determine whether the tax paid on the inward supplies is eligible as Input Tax Credit (ITC) or shall fall within the ambit of ineligible ITC. Section 17(5) of CGST Act 2017 provides for cases wherein a taxpayer would not be entitled to claim ITC unless it falls within the exceptions as provided.

Karniti Part-16: Tax planning for Children is not a child's play

Posted by CA Umesh Sharma 23 December 2013 28146 Views

Income Tax planning for Childrens is not a childs play.Arjuna (fictional character): Dear Krishna, the festival of Christmas is being celebrated all over the world very joyfully. In this festival Santa Clause make exchange of gifts to a

Conversion of company to LLP

Posted by DEEPIKA 30 December 2014 28135 Views

All movable and immovable properties of the company automatically vest in the LLP. No instrument of transfer is required to be executed and hence no stamp duty is required to be paid. Only intimation to be given to respective authorities for change o

How can a private limited company save tax

Posted by Ishita Ramani 10 January 2020 28134 Views

This Article explains how to save tax in a private limited company. It explains various legally permissible ways in which you end up saving a lot of income tax....

Key 8 suggestions on Annual Return Format - Form GSTR-9

Posted by Bimal Jain 15 October 2018 28132 Views

In terms of Section 44(1) of the CGST Act, 2017, every registered person, other than an Input Service Distributor, a person paying tax under Section 51 (TDS ded...

Budget 2015 Direct taxes,Sukanya Samriddhi Gold Monetisation

Posted by Rajesh Kumar Gupta 19 March 2015 28129 Views

Budget 2015 and Direct Taxes with details of Sukanya Samriddhi and Gold Monetisation Scheme No change in the basic exemption limit and the tax rates of individuals. Slab of Income Rate of Income tax Upto Rs. 250,000 [Ba

History of Indian Coins and Coinage

Posted by Sanjit Kumar Bhagat 02 January 2017 28123 Views

Indian coins from Ancient India to present

Consolidation of financial statements under Companies Act 2013

Posted by ACS SATINDER SINGH 04 September 2017 28118 Views

Section 129 of the Companies Act, 2013 (�the Act�) provides that the financial statements of the Company shall give true and fair view of state of

Big confusion: Can CA do partnership with MBA?

Posted by CA Ravi Taori 17 May 2016 28118 Views

Hello everyone it's part of my profession to read analyse and present CA Act and its regulations. So today we have a big confusion in front of us and we need a clarification from CA institute about it.Chartered Accountants are governed by CA Ac

COMPANY LAW AT A GLANCE

Posted by CS Ramanuj Asawa 02 February 2009 28113 Views

The Companies Act, 1956 is a law enacted by the Indian Parliament to regulate Incorporation, regulation and winding up of trading corporations, including banking, insurance and financial corporations, but not including co-operative societies.