Popular Articles

Major Changes in E-sugam (Karnataka VAT)

Posted by Ganeshbabu K 31 October 2013 138533 Views

Following major changes have been effected by the government of Karnataka for E-Sugam videCircular No. ADCOM(I&C)/P.A./CR-31/2011-12 DT.09.10.2013.Please spend some time to read the gist of major changes(as there is no excuse available under any

Analysis | Domestic Transfer Pricing

Posted by Bhanu Prakash Rao 17 April 2013 137940 Views

Domestic Transfer pricing Widening of scope of Section 40A(2), Transfer Pricing regulations to apply to domestic transactions, (Applicable for the AY 2013-14) Under Section 40A(2) of Income Tax Act, 1961 in case of any transaction with a rela

Which ITR to choose for Commission Agents: ITR 3 or ITR 4?

Posted by Soumya Laha 21 September 2018 136689 Views

Commission Agents are Businessman or Professionals? What do you think?If you think that Commission Agents are Professionals, then you are wrong. Many people tho...

Section 68 of Income Tax Act 1961

Posted by Amit Bajaj 19 May 2011 136551 Views

According to section 68 of Income Tax Act 1961, where any sum is found credited in the books of an assessee maintained for any previous year, and the assessee offers no explanation about the nature and source of the same or the explanation offered b

Time value of money in financial management decision making

Posted by Anand Varma, FCA; FCS. 24 August 2013 136238 Views

Time value of money in financial management decision making 1 Role of a Company Secretary in management of financial instruments A Company Secretary is the key to the efficiency and effectiveness of governance by the Board of Directors. In order t

Finalization of Balance Sheet (Practical Aspect)

Posted by SANYAM ARORA 05 October 2012 136184 Views

Greetings of the day to all the members of CCI Family. INTRODUCTION In this Article I will be discussing about some vital issues which arise while finalizing the Accounts. There are some points

Dividend Stripping u/s 94(7) of Income Tax Act

Posted by CA. Rishabh Mittal 08 March 2010 136011 Views

Dividend Stripping - Section 94(7) Suppose Record Date for Dividend / Income - 31.01.2010 Acquisition of Shares / Units of MF – Within 3 months prior to the record date (01.11.2009 till 31.01.2010) Sale or Transfer of ·

UPI Transaction Limits Starting From April 2026

Posted by Chaitra Seetharam 05 March 2026 135964 Views

UPI rules for 2026 explained: ₹1 lakh daily limit for most users, ₹5 lakh for select payments, ₹5,000 cap for new users, plus new ATM withdrawal charges and enhanced security rules effective April 1, 2026.

GST Rate for Hotel Industry

Posted by Shobhit Gupta 06 July 2017 135899 Views

Impact of GST on Hotel Industry

Sec 138 - companies act, 2013- compulsory internal audit

Posted by CA Sripriya K 18 February 2015 135869 Views

Introduction and Old Vs New Section 138 of the Companies Act deals with Internal Audit of Companies. This section states that certain classes of Companies shall be required to appoint an internal auditor who shall either be a Chartered Accounta