Popular Articles

Ind AS 38 : Intangible Assets

Posted by CA Diwakar Jha 09 April 2020 144455 Views

The objective of Ind AS 38 is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Ind AS.

What is Export of Service?

Posted by Arun Kumar Singh 03 February 2011 144422 Views

Defining export of service has been very tricky due to intangible nature of service transaction. Due to this nature of services, there has been constant confusion regarding meaning of export of services. In Microsoft Corporation India Pvt. Ltd. v. C

Company Problems & Solutions

Posted by CA CMA CS Ram Pavan Kumar Melam 03 February 2011 143284 Views

It is easy to create dents on any theory subject by solving a few problems practically. Keeping this advantage

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

Posted by Amit Bajaj 21 February 2011 143082 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 142823 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 19 April 2021 142642 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 142566 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 142361 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 142132 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 141955 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