Popular Articles

Successive presentation of Cheque and Cause of action

Posted by G S Rao 16 October 2012 22261 Views

Introduction: Recently Supreme court bench consisting of Justices RM Lodha, TS Thakur and Anil Dave delivered its judgment in MSR Leathers v S. Palaniappan & Anr (MSR Leathers) holding that a payee or holder of a cheque can now issue a statu

New and user friendly efiling site from IT Department

Posted by CA Ilayaraja 20 November 2012 22259 Views

Filing and maintaining the info relating to your Income tax returns was never so easy. But, thanks to the Income Tax Department, they have come up with a comprehensive and more user friendly website. No need of going to a professional for filing the I

Deduction on Interest Income: Under Section 80TTA/80TTB

Posted by VISHAL BANSAL 21 November 2018 22247 Views

80TTA Deduction Limit (Maximum Rs. 10,000)Eligibility- This deduction is available to a Resident Individuals or HUF. Deduction limit- The deduction can be avail...

Is reversal of input tax credit maintainable when the selling dealer's RC is cancelled?

Posted by RENGARAJ R.K 17 January 2015 22238 Views

Introduction: When a dealer purchases his inputs from his vendor and claims the eligible Input Tax Credit (ITC), with a bonafide beli

TEST YOUR TASTE IN A CA PARTY

Posted by CA SURENDRA KUMAR RAKHECHA 20 January 2010 22230 Views

TEST YOUR TASTE IN A CA PARTY When you choose your career as CA, it means you like one the most delicious dish which is prepared from top grade 50 items (at least 50 careers emerge from CA profession alone; add more if you wish for your dish !). Whe

I Can - I Will

Posted by Gaurav Arya 27 January 2016 22224 Views

If you think, you can, than you can, otherwise you cannot!!!Common answers from the mouth of CA students on result day are Fail, Negative, Sorry, Cannot do it, Can�t make up etc. What happened actually? Lot of negativity al

EXAM HALL me balle balle..

Posted by Sunshine 30 December 2010 22222 Views

EXAM HALL me balle balle "TEEN GHANTE...TEEN GHANTE HAIN TUMHARE PAAS....YE TEEN GHANTE TUMSE KHUDA BHI NAHI CHHEEN SAKTA."..my favourite dialogue from my favourite CHAK DE INDIA in fultoo C.A style.....yes...3 hours .... ever

Human capital formation in India

Posted by Aarti Maurya 10 January 2022 22216 Views

Human capital formation is process of adding skills to individual which will add to the stock of human capital. In order to transform the liability of the huge size of population into assets adoption of various measures for human capital formation is very much essential.

Recommendations of Tax Accounting Standards (TAS)

Posted by sanjay aggarwal 05 November 2012 22216 Views

Brief Recommendations put by the committee are summarized here under: • As per AS 1 talks on the concept of prudence, But TAS (AP) does not permit differential treatment of expected income & Losses unless permitted by any other TAS &b