Popular Articles

Expenses Disallowed under section 40A(3) and 40A(3A)

Posted by Amit Bajaj 21 February 2011 143077 Views

Section 40A(3) of Income Tax Act 1961 provides for disallowance of expenses in respect of which a payment or aggregate of payments made to a person in a day, otherwise than by an account payee cheque drawn on bank or account payee bank draft, exceed

Service Tax on Restaurants & Hotels

Posted by Rajesh Kumar 27 April 2011 142821 Views

In the Budget 2011, it was proposed to levy Service Tax on Hotels & restaurants. Vide Notification 29/2011 dated 25.04.2011, 1st May of 2011 has been declared as the appointed day on which these provisions will come into effect. Thus these ser

Tricks on how to study more in less time

Posted by CA Prashant Gupta 08 March 2010 142641 Views

Some tricks which I got from some time management lectures and some are developed by me are here to share with all.

Memory Technique to Remember Sections

Posted by CA Rajesh Pabari 21 May 2014 142553 Views

Memory Technique to Remember section NumberOur brain cannot remember useless and meaningless stuffs. (Normal human brains).Hence, the technique of converting numbers into meaningful words is important to learn.Step 1: Lets assign letters to all the n

A small note on ER4,ER5, ER6, ER7

Posted by Santhosh kumar 03 February 2015 142356 Views

A note on the ER4, ER-5, ER-6, and ER-7 returnsIntroductionER-4, ER-5, ER-6 and ER-7 returns are to be filed by the assessee in addition to the ER-1/ER-3 which is regularly filed by the assessee registered under the Central Excise. However ER-4, ER-5

Valuation of Goodwill

Posted by C.A Tarun Shah 01 November 2011 142123 Views

Meaning of Goodwill : In a simple terms the word goodwill means a reputation in accounting terms the goodwill means the extra profit available to concern due to various factors i.e lo

Preparation Strategies for Auditing & Assurance - IPCC Paper 6

Posted by Anurag 01 October 2013 141951 Views

Instead of giving you a blanket statement Study hard etc, I though would give you more strategic insights. There is no assurance that the strategy I enumerate would necessarily work for you in the Auditing paper. However given my pas

Recent changes in CARO 2016

Posted by CS DHANAPAL 09 April 2016 141524 Views

The Ministry of Corporate Affairs has notified the Companies (Auditor's Report) Order, 2016 (CARO 2016) vide its Notification no. S.O. 1228(E) dated 29th March, 2016. This Order supersedes the Companies (Auditor's Report) Order, 2015 dated 10

My strategy of scoring 79 Marks in Financial Reporting CA Final

Posted by Kartikey Jain 25 July 2018 141365 Views

A lot depends for a CA student on how well the first exam goes. Infact, I feel that it can make or break the entire resultand confidence for a CA Final student....

Basic understanding of an EPC Contract

Posted by CMA Ramesh Krishnan 21 May 2013 141261 Views

Introduction: EPC contract is a very popular type of contract in the contact management module. Full form of the word EPC is Engineering, Procurement & Construction. EPC module contract mostly used in inf