Popular Articles

Explanation To Section 73 Of The Income Tax Act .

Posted by CA. Amit Daga 21 March 2008 146905 Views

Explanation To Section 73 Of The Income Tax Act .\Section 73 of the Income Tax Act, 1961 deals with carry forward and set off losses from speculation business. Explanation to Section 73 is a deeming provision wherein if specified conditions are satis

Appointment of director in a private company in accordance with the provisions of companies act, 2013

Posted by CS Mallika Gupta 11 April 2017 146869 Views

The article contains relevant provisions of the act pertaining to the the said appointment and also the formats of required documents.

CAS - 4 and Rule 8 of Central Excise Valuation

Posted by Ayyswariya RG 08 January 2014 146446 Views

Hi all, This article is going to be on CAS-4 (Cost Accounting Standard 4) issued by the Council of the Institute of Cost and Works Accountants of India along with the Guidelines on cost of production for captive consumption (Under Rule 8 of the Centr

VAT & Service Tax (Civil Works Contract)

Posted by Pushpanjali Raina 10 April 2013 145919 Views

DVATRule 3 of DVAT rules deals with Works Contract .Section 2 of DVAT Act explains that a "works contract" includes any agreement for carrying out for cash or for deferred payment or for valuable consideration, the building construction, manufacture,

Recent Judgement of Supreme Court on Trade Discounts

Posted by G S Rao 15 March 2012 145781 Views

Recent Judgment of Supreme Court on Trade discounts ` (M/s. IFB Industries Ltd. Vs. State of Kerala (Supreme Court) Background A Division bench of the Kerala High Court, in the case of M/s IFB industries Ltd has held that unle

Valuation of Shares - New Pricing Guidelines

Posted by Nimish Goel 04 May 2010 145697 Views

In order to make the pricing methodologies more compatible with the current valuation practice, the Reserve Bank of India has issued the Notification Number FEMA 205/2010 (“the New Notification”) on April 5, 2010 which s

Cost records and Cost audit under companies act, 2013

Posted by CS Peer mehboob 29 December 2020 145510 Views

The Cost Audit represents the verification of cost accounts and a check on the adherence of Cost Accounting Standards.

New Service Tax Returns

Posted by Madhukar N Hiregange 28 June 2016 144926 Views

New Service Tax Return- Few Suggestions By CA Madhukar N Hiregange & CA Roopa Nayak A few years back we heard that the combined excise and service tax return would be 1 page. This was not to be as reform implementation have failed in the last

Understanding double tax avoidance agreement

Posted by Manish Kumar Agarwal 21 May 2011 144677 Views

UNDERSTANDING DOUBLE TAX AVOIDANCE AGREEMENT WITH LATEST CASE LAWS In Todays modern world of advanced globalization, business is not restricted to a single geographical territory & crosses all border of the countries. This had emerge