Popular Articles

An Auditor for 60 years

Posted by Arijit Ghose 07 February 2011 23221 Views

Though a conversation of about 7 minutes does not merit a detailed article, I thought it would be appropriate to jot and share a few lines about an interesting acquaintance and small conversation I had a couple of days earlier. I have a certain

Transfer Pricing

Posted by CA Prashant Gupta 28 January 2010 23219 Views

Transfer Pricing Sometime an Indian company can associated with a foreign company which is situated in other country. Indian company can purchase on high price or sale it on lower price to shift its profit. In this way a part of profit is transferre

RBI Guidelines- Opening of Current Accounts of Borrowers by Banks

Posted by CA Mahesh Bansal 22 August 2020 23215 Views

To check this loophole, the RBI has vide a notification dated 6th August, issued fresh guidelines in respect of opening and operating CC/OD/Current accounts of borrowers which are mandatory to be followed by all branches.

Service Tax On Services By Resident Welfare Association

Posted by CA. SRIKANTHA RAO T 25 April 2014 23213 Views

Assessees in general have been confronting various issues under Service Tax ever since the introduction of the negative list based taxation with effect from 01st of July 2012. One of the issues being talked about now is that of s

Transitional Provisions relating to Credit of unavailed Cenvat credit in capital goods

Posted by Member (Account Deleted) 02 June 2017 23204 Views

As per section 140(2) of the GST Act company shall be allowed to carry forward the unavailed CENVAT credit on capital goods not carried forward in return for t

Pensioners Above 60, 75 and 80: Hidden Tax Benefits To Save Thousands And Skip Filing

Posted by Mitali 23 August 2025 23196 Views

Know which pensioners can skip ITR filing or who gets exemption and key tax benefits under Income Tax Act. Rules by age, income type are also explained.

Decoding of Budget 2016

Posted by Kanika Maheshwari 26 February 2016 23189 Views

It is that time of the year when the Finance Minister presents the annual Union Budget in Parliament. Come 29th February and all eyes will be glued to the television sets during the Budget speech. Analyzing the speech, however, may not be

Income Tax Guide: IT return, e-filing

Posted by Prince Grover 20 March 2020 23189 Views

Income Tax is a tax levied directly on the income or wealth of a person. Here is a complete guide on Income tax returns, slab rates and e-filing.

Goods and Services under Reverse charge as on 1st March 2020

Posted by CA Robin Garg 09 March 2020 23188 Views

Goods and Services that will be charged under the Reverse charge Mechanism as on 1st March 2020 with their effective dates.

Centralised Processing of Statement of TDS Scheme, 2013

Posted by CA Sourabh Agarwal 19 January 2013 23180 Views

Centralised Processing of Statement of TDS Scheme, 2013 (Notification 3, Date of Issue 15-01-2013) Ministry of Finance has introduced the scheme for Centralised Processing of Statement of TDS on 15th January, 2013 in exercise of powe