Popular Articles

Concept of Additional Director and procedure for Appointment

CA Manish 14 December 2012 at 11:45

Concept of Additional Director Provisions related to appointment of Additional director (Section 260):- Although Directors are appointed by the shareholders in the General Meeting but section 260 authorize Board to appoint additional directors. Sect

TDS/TCS Rates Chart for A Y 2014-15

CA Pardeep Chanana 04 June 2013 at 17:06

TDS Rate Chart for A Y 2014-15 on Payments other than Salary and Wages Section No. Nature of Payment Threshold Total Payment During the Year Payment to Individual or H

Statutory Audit of Branch of The Bank

CA Satish Badve 13 January 2012 at 12:24

The bank branch statutory audit is a yearly task and has a vital importance due to following reasons. 1. Time for completion of audit is very limited and the audit had to be completed on or before specific date. 2. Increase in instances and new te

Integrated Accounting System : An overview

Pankaj Pendse 11 June 2012 at 12:02

Integrated Accounting is a distinguished accounting system in which the accounts are integrated and only a single set of accounts are maintained. Essentially it avoids maintenance of Accounts under cost accounting & financial accounting. Thi

Changes in service tax from 1st April 2015

Bimal Jain 01 April 2015 at 16:33

New Service tax rate of 14% is not effective immediately and shall come into effect only from a date to be notified later:The Union Budget, 2015 has proposed an increase in the rate of Service tax from 12.36% to flat 14% with abolishment of Education

Credit of IGST Paid on Import of Goods not reflected in GSTR-2B

CA Sachin M Jain 22 August 2022 at 09:03

Importers can claim IGST and cess paid on their imports only after issuing the bill of entry (BoE). Hence, taxpayers must access the bill of entry on the portal to avail input tax credit seamlessly. The GST Network (GSTN) provides a framework to taxpayers for finding the relevant bill of entry.