Popular Articles

Cash transactions in agriculture sector

CA.R.S.KALRA 20 January 2021 at 11:36

This article explains the applicability of provisions of Section 40A(3),269ST,269SS,Section 194N and Section 269T in respect of Kachha Arahtia and Pacca Arahtia.

47th GST Council Meet: Decoding Key Highlights

CA Ruby Bansal 30 June 2022 at 08:51

The 47th GST Council met under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here in Chandigarh today. The meet..

Here comes the Exam Time

Deepika Agarwal 14 May 2014 at 11:30

As the CA-intermediate exams are around the corner, many students must be feeling really nervous. I would like to tell all the students who are appearing for the exams that this is the best time of the year, now I know the reaction, all of you must

Audit of Banks: Statutory Audit of Banks & LFAR

Tanuj Chandra Saxenaa 11 December 2021 at 09:28

Statutory Audit is a type of audit which is mandated by a Law or a Statute to ensure the books of accounts presented to the regulators and public are true and fair.

Making a better Chartered Accountant

Rohan 01 June 2011 at 13:39

Chartered Accountants in the India of today are a troubled breed. We are threatened. Threatened by the rise of MBAs, of the increase in the number of CIMAs, of the constant pressures related to cost cutting across Indian corporates. We can no l

Reassessment and revision period extended in Haryana VAT

CS Priyanka Gupta 18 August 2015 at 10:04

Recently, Haryana Value Added Tax, 2003 has been amended vide Ordinance issued by the Governor dated 31.7.15 published vide Notification No Leg. 9/2015 dated 3rd August 2015. The concerned amendment is effective with effect from 3rd August 2015. The

Do's and Don'ts in Mandatory Pre-Deposit during Appeals under Service Tax

Ravi Kumar Somani 04 November 2014 at 10:53

Litigation under service tax starts by issuance a Show Cause Notice under the provision of section 73 of th

Techniques of fraud reporting By auditors

CS SIDDHARTHA BANIK 08 January 2016 at 17:18

Companies Act, 2013 has introduced provisions for detecting fraud at the grassroots level by forcing accountability to the Auditors of the Company. Accordingly Central Government notifies the Companies (Audit and Auditors) Amendment Rules, 2015 by a

Deemed public company - Subsidiary of Public Limited Companies

CS Divesh Goyal 22 April 2016 at 10:49

A. History:The Companies Act, 1956 provides for two kinds of Companies: Private and Public. However, prior to amendment of the Act in the year 2000 by Companies (Amendment) Act, 2000 w.e.f. 13th December 2000, one more type of Companies prevailed, i.

Value Added by Finance

Ramkrishna Mokashi 10 December 2013 at 17:57

CAs are Cost Centers and MBAs are Profit Center.This is a discussion which has been going on for long. I am not going to share statistics on the values added by CAs and MBAs and compare with. Instead, I will share insights into what values a Finance