Popular Articles


Lacuna in section 14A and rule 8D of IT Act 1961

Posted by CA HEMANT SHARMA 08 January 2015 20658 Views

Allowance of expenditure incurred in relation to exempted income during the assessment or otherwise would be prejudicial to the revenue thats why Section 14A was introduced by the Finance Act 200



CSR - A new responsibility on India Inc

Posted by DS Mahajani 14 March 2014 20654 Views

The much awaited notification on Corporate Social Responsibility (u/s 135) of the Companies Act, 2013 (the Act) along with Companies (Corporate Social Responsibility Policy) Rules 2014 (the CSR Rules) has been notified by



Entities availing DTAA benefits have to file retun in INDIA

Posted by CA. Anuj Gupta 17 May 2013 20645 Views

Those availing of treaty benefits would now have to file returns of their incomes in India, even if those arent liable to be taxed here. The government has changed the Income Tax Rules, making it mandatory for certain classes of assessees, in



Comparison of CARO 2016 and CARO 2020

Posted by CA, CS & DISA VIVEK KHANDELWAL 27 August 2020 20641 Views

Companies Auditor Report Order (CARO) Rules, 2020



Limited Liability Partnership

Posted by Shireen 12 September 2019 20638 Views

Before I get into the intricacies of LLP, let me give u a briefing of the context that led to the evolution of LLP



My Tips and Tricks for the Financial Management

Posted by CA Madhukiran Reddy 07 March 2011 20636 Views

MY TRIPS AND TRICKS FOR FINANCIAL MANAGMENT Hi Friends, First of all I want to thank all of you, for your appreciation and encouragement towards my Self study articles. In this series of articles till now we made the self study schedule for the A



Declaration And Payment Of Dividend: Section 123 Of The Companies Act, 2013

Posted by Neha Redekar 28 July 2021 20635 Views

Dividend is a return on the investment made in the share capital of a company. It’s the share of profits of a company that is distributed among its Members.



IFRS Convergence in India - Part 1

Posted by Rajesh 05 January 2011 20629 Views

IFRS Convergence Key Challenges Introduction: In last decade the Global market has become local. Entities are reaching new markets world over to sell their products & services, tap capital markets & banks for funds. Investors have s



Let's see, some silent proposals of the Income Tax

Posted by CA Umesh Sharma 14 July 2014 20621 Views

Karniti Part-45:Lets see, some silent proposals of the Income Tax from the Financial Budget Arjuna (Fictional Character): Krishna, on 10th July Finance Minister Mr. Arun Jaitely has presented Financial Budget. Thereafter lots of discussions on the bu



Section 161 - Rectification of errors apparent on the face of record

Posted by Vivek Agarwal FCA, CS, LLB 10 August 2019 20620 Views

Without prejudice to the provisions of section 160, and notwithstanding anything contained in any other provisions of this Act, any authority, who has passed or...




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