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Preparation Tips for IPCC Exams

sureshraj 17 August 2012 at 11:24

Hellow students my name is suresh, first of all i am happy to express my heartiest congratulations those who achieved sucess in May 2012 IPCC examinations and let me wish them all the best in thier future activities.so my dear students who got negit

Audit of GR/IR Clearing Accounts

Ramanreet Singh 13 May 2010 at 12:16

GR/IR CLEARING ACCOUNTS IN SAP GR/IR stands for Goods Receipt/Invoice Receipt.GR/IR clearing accounts are basically intermediate accounts found only in the SAP ERP Module. Goods Received / Invoice Receipts Process The Goods Received / Invoice Rece

Step by Step procedure for Amalgamation

Rasesh 24 March 2010 at 11:18

Mergers and Amalgamations is a subject of interest for corporate professionals. On the basis of my experience of handling a few amalgamation cases, I have tried to pin down the step by step procedure for amalgamations. The procedure has been stated

Understanding Dis-allowance Under Section 40 of Income Tax Act, 1961 with Latest Case Laws

Manish Kumar Agarwal 05 December 2011 at 16:56

Now a days, assesses are facing number of disallowance under various clauses of section 40 of the act by the Income tax officials. These issues were handled with due care at the time of the assessment itself so that in the case of forc

Analysis of Sec 185 of the companies act 2013: Every banker should know

CA Sumat Singhal 06 January 2016 at 11:04

Giving a corporate guarantee to banks/lenders by a company, other than the borrower, that the loan will be paid back, is a usual practice in the normal course of trade and commerce across the world. By and large, a larger company (often a known flagship

Section 43 B of income tax act,1961

PIYUSH SINGH 12 February 2009 at 14:26

Section 43 B (Allowance Of Deduction on Payment Basis)If the assessee follows mercantile system of accounting actual payment of expenditure during the P.Y is no..

Service tax on Director's remuneration payable by companies

CA Meenu Garg 18 August 2012 at 12:14

All the companies are required to pay service tax under reverse charge on any remuneration paid to its directors whether in the form of money or otherwise and thresh hold limit of Rs. 10 lakhs will not be applicable on such case. As per the ame

A few aspects of applicability of Tax audit

CA CMA CS Ram Pavan Kumar Melam 12 June 2013 at 12:38

The voluntary tax compliance by the taxpayers considerably widened after the insertion of tax audit under section 44AB in the Income-tax Act, 1961 by the Finance Act, 1984. An important revision to Tax Aud

ESIC in detail

@VaibhavJ 05 January 2013 at 15:05

Employee State Insurance (ESIC) Act, 1948 Objective The Employees State Insurance Act, ESI Act for short, was enacted by the Government of India in 1948. The major objective of the Act was to provide certain benefits to employees in ca

Project Report For Bank Loan

Mitali 17 January 2023 at 15:16

Project report for a bank loan is simply a document that outlines the details of a proposed project, including the project's goals, financial projections, and the collateral being offered to secure the loan.