Popular Articles

DISCLOSURE REQUIREMENTS AS PER SCHEDULE VI (PART II) Co. Act

CA.Parsun Garg 30 November 2009 at 23:08

PROFIT & LOSS ACCOUNT DISCLOSURE REQUIREMENTS AS PER SCHEDULE VI (PART II) OF THE COMPANIES ACT, 1956 Sr. No. Sr. No. Particulars 1.

Related Party- Section 2(76) of the Companies Act, 2013

Amol Gopal Kabra (CA,CS,DISA) 23 November 2015 at 13:12

�Related party� has got a lot of significance in the public reporting scenario. In case of public companies public and society stake is involved and in case of private companies, even if public stake is not involved, the stake of other el

Accounting Standard 2 simplified

Siddharth Kadakia 12 September 2013 at 13:04

Introduction Why is valuation of inventory so important? From a lay mans perspective there can be two reasons. Firstly since the closing stock of the previous year becomes opening stock of the current year and it goes because of the going c

Clause 44 of Form 3CD: An illustrative analysis

CA Sudhir Halakhandi 21 August 2022 at 17:33

The ICAI has issued revised Guidance Note dated 14th Aug. 2022 on 19th Aug 2022 and with respect to the Clause Number 44.

Section 9 of CGST Act, 2017: Levy and Collection (Reverse Charge)

CA Manoj Gupta 20 June 2017 at 10:56

DISCUSSION ABOUT REVERSE CHARGE MECHANISM UNDER GST LAW

How to study for success for Auditing and get good marks?

Mythreya 25 February 2010 at 11:31

How to study for Auditing?For some this subject is the easiest thing on earth to score marks and this has nothing to do with mere English skills (I have seen many a fluent English speaking student fail miserably in this subject) whereas for some this

Taxability of VRS Compensation

CA Mandar Joshi 29 November 2011 at 13:54

Whenever any employer organisation decides to introduce a scheme of Voluntary Retirement from the service, the main issue with employees' union, apart from consensus on VRS Compensation amount, is Taxability of that amount since the amount is

Gifts to and from HUF

vinay v. kawdia 01 May 2014 at 11:24

In this article, the author endeavours to prescient the amendment by Finance Act, 2012 in the definition of 'relative' in Explanation (e) to clause (vii) of Section 56. The article also critically analyses the recent judicial decisions on the

House Rent Allowance - A tool of Tax planning for employees

CA Chandra Kishore Bajpai 13 November 2013 at 12:40

House Rent Allowance (HRA) is second component which is found in each pay slip after basic salary. This is the major contributor in tax relief for the employee who reside in rented house during his/her employment.Generally employee submits Rent recei

Schedules under Companies Act,2013

CS M.Kurtrala Nathan 06 March 2014 at 12:58

Companies Act,1956 Companies Act,2013 16 Schedules 7 Schedules The Companies Act,2013 has skips the following schedules ; Schedule Particulars Remarks IA List o