Popular Articles

IND AS 41 First time adoption of Indian Accounting standards

Posted by CA. Amit Daga 18 June 2010 18416 Views

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

Last Mile Preparation in SFM

Posted by amit parakh 23 October 2015 18414 Views

You are 15 days away from the SFM exam. I am sure you have worked hard and you are raring to go. Bit nervous? That is natural. As somebody whose favourite subject is Finance and as a professional coach for SFM, allow me to give you my opinion.What sh

Service Tax - Taxability, Negative list & Exemptions

Posted by Vinesh R Savla 27 April 2016 18412 Views

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

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

Posted by CA Umesh Sharma 13 October 2019 18412 Views

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

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

Posted by CA Umesh Sharma 09 February 2019 18412 Views

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

Reverse Mortgage: Advantages and Drawbacks

Posted by CA Gaurav Choradia 23 September 2021 18410 Views

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

Posted by Kapil Kaushik 09 May 2015 18408 Views

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

CBEC's race with service tax audits

Posted by Sumit Grover 11 December 2014 18408 Views

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.

New return filing system under GST

Posted by CA S K MISHRA 08 April 2020 18406 Views

IntroductionThe roll out of GST has been a landmark achievement with respect to unifying multiple central and state taxesbarring a few goods / sectors and avail...