Popular Articles

UPI Transaction Limits Starting From April 2026

Posted by Chaitra Seetharam 05 March 2026 136067 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.

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 ·

GST Rate for Hotel Industry

Posted by Shobhit Gupta 02 January 2018 135901 Views

Impact of GST on Hotel Industry

Sec 138 - companies act, 2013- compulsory internal audit

Posted by CA Sripriya K 18 February 2015 135871 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

The Companies Act, 2013- Provisions relating to Annual return

Posted by G S Rao 24 September 2013 135823 Views

Introduction: The Companies Act, 2013 will now replace the old Companies Act, 1956 and will come into full operation when the Central Government notifies the operation of all sections and finalizes the Rules which are now on display for comments. Ve

No TDS on Service Tax Component

Posted by CA Pankaj Galhotra 28 January 2010 135647 Views

NO TDS ON SERVICE TAXWith the advent of service tax, an interesting question has arisen whether tax is deductible at source under the IT Act even in respect of the service tax component of the pro

Books of Account u/s 209 of the Companies Act,1956

Posted by G S Rao 05 April 2012 135642 Views

Introduction Section 209 is one of the most important sections in the Companies Act, 1956. This section deals with the requirements of maintenance of books of accounts and penalties for non compliance. A detailed analysis of the provisions of Sect

Unique Technique for Learning Theory Paper

Posted by Suresh Prasad 19 February 2011 135478 Views

Unique Technique for Learning Theory Paper As I mentioned in my previous article Daily Study Routine that every students have their own daily routine in their life. Many students are not able to prepare the Theory subjects and they

Procedure in applying for membership by newly qualified CA's

Posted by Sathish M 11 August 2014 135391 Views

First and foremost, I would like to congratulate each and every member who have qualified the May / June 2014 Examination. This must have been one of the defining moments of your life, which has given you the desired outcome which many professionals

Service Tax implication on Real Estate transactions

Posted by Guest 29 November 2013 135318 Views

APPLICABILITY: With the introduction of the negative list concept since July, 2012, the scope of applicability of Service tax has increased manifold. Today, there is Service tax implication on almost every sector, and real estate is no exception. A s