Popular Articles

CAPITAL GAINS UNDER INCOME TAX ACT 1961

Amit Bajaj 27 March 2010 at 12:53

Any Income derived from a Capital asset movable or immovable is taxable under the head Capital Gains under Income Tax Act 1961. The Capital Gains have been divided in two parts under Income Tax Act 1961. One is short term capital gain and other is l

Presentation tips for IPCC Exam

Sandhya Purohit 28 October 2011 at 11:27

Hello freinds. I am Sandhya Purohit. I am a CA Final Student and cleared my IPCC in May 2011 with AIR 47th... For me IPCC was a great battle which I wanted to win anyhow. I took IPCC as my goal and cleared it. You can also win this battle by takin

Issue And Redemption Of Preference Shares : Section 55 Of The Companies Act, 2013

Neha Rajan Redekar 07 September 2021 at 17:54

Preference shares are those shares which has priority over the equity shares in payment of dividend. These shares not only have a preferential right to receive dividends but also repayment of capital on winding up.

Rephasement of repayment schedule vs. area of fraud

Rahul Gupta 02 June 2015 at 10:32

All of us are known to Concurrent Audit of Banks. The one of the key area of Concurrent Audit is to verify the correctness and to report the matters relating to Loans & Advances. Every Bank Official and Higher Authorities are interested to know a

Qualified Institutional Placement (QIP) procedure

Victor J uruvath 03 November 2011 at 16:30

QIP means allotment of equity shares, non-convertible debt instruments and convertible securities by a listed company to Qualified Institutional Buyers (QIBs) on private plac

A guide on Section 44ADA for professionals

Tony John 15 February 2017 at 11:27

Provisions of Section 44ADA explained with illustration

How to Surrender PAN - Practical Approach

Hetvi Sheth 21 September 2016 at 11:00

It is always a better option to visit the Income Tax department and ensure the surrender process is completed through consultation of respective jurisdiction

Service tax on construction Industry- Overview

CA. RAVIKUMAR 04 November 2013 at 11:40

Background: As per the Board's Circular No.108/02/2009-ST, dated 29.01.2009, Services provided by the Builders/developers prior to 01st July 2010 were not taxable but after 01st July 2010 Construction services provided by the Builders/de

Career opportunities for Chartered Accountants

CA. Dashrath Maheshwari 18 February 2008 at 11:07

There are plenty of exciting opportunities awaiting a fresh chartered accountant. While each career stream provides growth perspective, a careful selection of the career stream is important for meeting long-term personal aspirations and financial goa

Auditor: A bloodhound without teeth or a watchdog without eyes

sourav 20 July 2015 at 10:46

Auditing refers to inspection and examination of financial books of an organization in a systematic manner to ascertain whether the financial statements present a true and fair view of the concern.In observing the above the auditor is required to mak