Popular Articles

Procedure for issue of Right Shares with letter of offer

Posted by Ankur Garg 30 July 2009 128280 Views

Procedure for issue of shares on rights basis in case of an unlisted company. (1) Authorised share capital. Check that there is sufficient authorised share capital in the memorandum of association to accommodate the increase in the subscribed share c

Basic - Operating and Finance Lease

Posted by RAHUL GANDHI 31 March 2012 128163 Views

LEASE (FINANCE AND OPERATING) AS -17 Definition:- Finance Lease :- A finance lease is a lease that transfers substantially all the risks and rewards incidental to ownership of an asset. Title may or may not eventually be transferred. In other wor

Basic of Stock Audit

Posted by CA Satish Badve 08 January 2012 128150 Views

Preface: The exercise of stock audit was initiated by the banks in way back 1992 onwards, after Harshad Metha Scam. The idea is to verify the security offered to the banks against

Exam Tips for Quick Memorising

Posted by @VaibhavJ 09 October 2013 128098 Views

Exams are nearing day by day & tension is rising eventually causing bad memory & loss of concentration. Here goes quick Tips for memorizing the material as quickly as possible. (Please note if you are appearing in Nov13 exams & if thi

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

Posted by CA Sachin M Jain 31 May 2023 127947 Views

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.

Section 135 of Companies Act-2013 CSR

Posted by CA. Jagdish Sitapara 02 January 2014 127826 Views

Corporate Social ResponsibilityUnder The Companies Act - 2013 Section 135 Applicability: Every company having:-Net worth of ` 500 crore or more, orTurnover of ` 1000 crore of more, or Net profit of ` 5 crore or more,During any financial year shall c

Concept of Additional Director and procedure for Appointment

Posted by CA Manish 14 December 2012 127232 Views

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

Posted by CA Pardeep Chanana 04 June 2013 126917 Views

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

Integrated Accounting System : An overview

Posted by Pankaj Pendse 11 June 2012 126754 Views

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

Statutory Audit of Branch of The Bank

Posted by CA Satish Badve 13 January 2012 126737 Views

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