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How to improve Bank Audit Appointment System?

  CA Nitesh Kumar More    05 March 2014 at 13:21

PRESENT APPOINTMENT SYSTEM: A) Every year, ICAI forward the Bank Branch Auditors Panel to Reserve Bank of India. The said panel was classified into following three lists by RBI:- i. List of auditors stationed at cooling period (applicable to



Simplified Proforma for Incorporating Company Electronically (SPICE)

  CS Divesh Goyal    13 January 2017 at 12:00

Simplified Proforma for Incorporating Company Electronically (SPICE)



Pursuing CA is like undertaking a spiritual journey

  CA S.SAIRAM    22 October 2010 at 13:06

Facing troubles in life is imperative to keep the mental state in equilibrium. A drop of medicine is saver, a glass of the same is killer. In the same way too much of happiness leads to bad chemistry in the human mind and body in the form of an intox



Goods & ST- An overview

  CA Rohit kapoor    09 June 2015 at 11:00

We all have heard about Goods & Service Tax. It is one of the many legislations that are pending in the list of changes that we



Karniti Part8: Maint & Workship of Books of Accounts in Diwali

  CA Umesh Sharma    31 October 2013 at 12:44

Maintenance of Books of Accounts and their Workship on the eve of Diwali Arjuna: Krishna, the festival of Diwali has arrived. Housewives (Gruhlaxmi) are busy in cleaning and decorating homes. Businessmen are also busy in the market. Accordingly plea



Responsibilities of Directors under Companies Bill 2011

  Yogesh Agarwal    26 December 2011 at 12:24

The day has come when The Companies Bill 2011 has been tabled in the Parliament by the Corporate Affairs Minister Honourable Shri V. Moily. There are so many new things added and removed to the / from the Bill in comparison to its predecesor sti



New Inventory Valuation guidelines under Income Tax

  Vivek Jalan    14 October 2023 at 09:07

The Finance Act 2023 has taken a major step forward by introducing the concept of inventory valuations by Cost Accountants in specific cases, as granted by Section 142(2A) of the Income Tax Act.



How to exercise your taxes to ensure financial health

  Sanjit Agarwal    11 March 2015 at 10:21

The Income Tax Act 1961 devotes an entire section to Income Tax Deductions available to Indian tax payers. If we take note of the deductions and invest in the right products at a regular pace, we will inculcate financial discipline that will go a lon



Wife Receives Rent but Property in Husband's Name: Hidden Tax Trap

  Mitali    05 September 2025 at 13:13

Know how the rental agreements in a spouse’s or children's name impact tax with legal provisions and how AI can traces Tax Evasion.



Are you ready for November or still thinking ???

  CA Sourabh Agarwal    27 June 2011 at 12:31

Hello Dear friends, This article is a trial to motivate for exams. As we all know November attempt is not much far. Specially it is one the worst nightmare for those having pre-pond attempt which originally due is in May 12. Most of us {I m




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