Popular Articles

Export promotion capital goods scheme (EPCG)

Harshal Fifadra 29 September 2015 at 10:37

EPCG Scheme was one of the export-promotion initiatives launched by the government in the early �90s. The import duty on capital goods like all other items was high during that period, in

IND AS 41 First time adoption of Indian Accounting standards

CA. Amit Daga 18 June 2010 at 12:51

IND AS 41First time adoption of Indian Accounting standards Scope of IAS 41 Ind-AS 41 is applicable to the first set of annual Ind-AS financial statements prepared by a company. The first Ind-AS financial statements are defined as the first annual f

Independence of Income tax audit report in Question due to GST?

CA Umesh Sharma 13 August 2018 at 18:09

Arjuna (Fictional Character): Krishna, On 15th August India�s Independence Day is celebrat

15 Important Changes in New ITR Forms for F.Y. 2018-19

CA Umesh Sharma 16 April 2019 at 11:32

Arjuna(Fictional Character) : Krishna, new ITR forms have been notified by CBDT, what is your view on that?

Service Tax - Taxability, Negative list & Exemptions

Vinesh R Savla 27 April 2016 at 11:05

Taxability, Negative list & Exemptions in Service Tax Charge of Service Tax: On All service unless specified in Negative list or Exempt.Not a service - So Not taxable: (i) Sale, Gift(ii) Deemed Sale (Article 366 of the Constitution)(iii) Transact

CBEC's race with service tax audits

Sumit Grover 11 December 2014 at 10:55

Less than a week ago, CBEC had empowered CAs & CMAs(nominated u/s 72A) to conduct service tax audits on behalf of service tax department, by setting aside the verdict pronounced by Hon'ble Delhi High Court in case of CAG Travelite (India) Vs.

Back to Back Works Contract under Service Tax - Brief Analysis

CA Monalisa khuntia 17 July 2015 at 11:02

Back to Back Works Contract under Service Tax � Brief Analysis CA. Monalisa KhuntiaIntroductionWorks contract, as understood in trade, means a composite contract involving both supply of goods and provision of service. As per Article 366(29A) o

Forensic Audit - Future of Auditing

Pawan Kumar Singh 12 December 2017 at 11:16

Today's villain are using mouse and keyboard instead of using mask and gun when we are gone in digital world.

Reverse Mortgage: Advantages and Drawbacks

CA Gaurav Choradia 13 February 2014 at 12:22

Senior Citizens are an increasing component of the Indian Society and dependency in old age is increasing in the country. While on the one hand, there is significant increase in longevity and low mortality, on the other hand, cost of good health

Goods and service tax: Implications

Kapil Kaushik 09 May 2015 at 11:52

The much awaited GST (Goods and Service Tax) Bill was recently passed in Lok Sabha. Unfortunately though, a lot of individuals did not pay heed to this news because a Bollywood celebrity was sentenced to some punishment on the date of this important