Popular Articles

GST Compliance made easy after 23rd Council meeting

Posted by PSPL advisors 17 November 2017 21904 Views

GST returns and penalty on late filing - smoother GST compliance post 23rd council meeting

Section 43B(H) Impact on Outstanding MSME Creditors from FY 23-24 Onwards

Posted by CA Sohrabh Jindal 23 January 2024 21903 Views

Deduction and Disallowance in Income Tax on Outstanding creditors registered under MSME from FY 23-24 onwards- Section 43B(h) of Income Tax Act

Understanding Section 14A Impact With Case Laws Part-II

Posted by Manish Kumar Agarwal 09 March 2012 21903 Views

The Income tax department (ITD) now a days become very harsh to the assessee in respect of disallowance made under section 14A read with rule 8D. The ITD applies rule 8D blindly on the assessee and making un-necessarily additions causing hardship

Nine major changes in the New income-tax returns

Posted by CA Umesh Sharma 04 April 2017 21900 Views

Arjuna (Fictional Character): Krishna, the Income Tax department has introduced the new forms for filing the income tax Returns in the financial year 2016-17. T...

How to manage Amendments in Direct Tax for CA Final Examinations

Posted by CA Mehul Thakker 30 January 2018 21900 Views

The exam weightage of Direct Tax Amendments ranges between 20 to 40 marks in CA Finals. As a student, one cannot ignore these amendments made by latest Finance ...

Persistence is the key - Very much needed before the exams

Posted by Nimish Goel 21 March 2015 21890 Views

The key of persistence shall open up any door that has been closed because of resistanceI start my mornings usually by going up to my house terrace and get a breath of fresh air. It feels really nice when cool breeze hits your face and

Directors Beware

Posted by CMA. CS. Sanjay Gupta 20 February 2013 21884 Views

Number of companies in which a person can hold the office of a director Section 275 (Read along with Section 276, 277, 278 & 279) of the Companies Act, 1956 Vs. Clause 165 of the Companies Bill 2012 A comparison of old and new provisions

Chargeability of gifts made to HUF u/s 56 of IT Act

Posted by Gaurav Pahuja 20 September 2011 21882 Views

Chargeability of gifts made to HUF u/s 56 of I.T Act 1961 In this article the author has made an attempt to distinguish between the exemption benefits granted to Individual or HUF on gift received by them, although both of them are covered by the

Concept of One Person Company - An Analysis

Posted by Neha Rajan Redekar 11 October 2021 21881 Views

One Person Company means a company that has only one person as a member. It is a separate entity distinct from its members, limited liability protection to shareholders and has a perpetual succession.

FLA Return - FLAIR System, Key Points & FAQs

Posted by DEEPAK SETH 09 July 2021 21877 Views

Foreign Liabilities and Assets Return is an Annual Return on Foreign Liabilities and Assets required to be filed by an Indian Company and LLP to RBI within the prescribed due date.