Popular Articles

New Guidelines for TDS and Income Tax Challan Correction

CA Vap Patel 29 February 2016 at 10:20

A much awaited changes in challan correction mechanism finally arrived to its destination. Now bank can themselves correct the Income Tax and TDS challans without any restriction. No need to visit even to income tax officeChallan Correction Mechanism

CA Students - Ready for upgrade in 2019?

Ashutosh Rathi 24 December 2018 at 10:50

Does your heart aspire to unleash the fullest potential of yourself and become one of the finest "Chartered Accountant"?I am sure it�s a thund

Deadlines for ITC Claim and Reversal For FY 2022-23

Mitali 15 November 2023 at 15:27

To meet the deadline for the financial year 2022-23 and ensure compliance with GST regulations on Input Tax Credit (ITC), taxpayers should take some timely actions

Procedure for commencement of Business under CA 2013

Ankur Garg 13 September 2014 at 11:57

Under Companies Act 2013, the date of incorporation of a company cannot be the date of commencement of business. From the point of commencement of Business companies may be divided into 2 categories: Public and Private Companies not having Share Cap

E-way Bill under GST | E-way Bill generation Process and Rules

Manzil Arora 22 August 2020 at 15:59

E-waybill under GST is a document containing details or/and instructions relating to the shipment of a consignment of goods. E-way bill can be generated by the following web-based system, SMS based facility, and Android App.

Transitional Provisions - Claiming of ITC

khushboo jain 01 June 2017 at 10:38

SECTION - 140CLAIMING OF ITC(1) Amount of CENVAT credit carried forward in the return relating to the period ending with the day immediately preceding the

Guidance for Annual Filing 2020-21

CS Divesh Goyal 25 July 2021 at 11:04

Discussing the Mandatory yearly Compliances of a Private Limited Company, List of Annual Compliances and Details of Annual Filing of the Compliances of a Private Limited Company.

Knowhow write-off: Comparing Sec. 32 and Sec.35AB

CA S.SAIRAM 23 August 2010 at 11:53

Knowhow write-off: Comparing Sec. 32 and Sec.35AB of IT ACT 1961The definition for Knowhow in the IT Act 1961 is “any industrial information or technique likely to assist in the manufacture or processing of goods or in the working of a mine, oi

GST and the Mid-Size business

Raghunandan Yerram 13 January 2017 at 12:00

The Goods and Services Tax (GST) promises to bring a single unified tax regime for India, which will consolidate many different taxes into a single tax regime.

Legal Necessity of Provision for Depreciation

dheeraj kr singh 13 January 2009 at 16:41

On account of the provision under section 205 that, no dividend shall be declared except out of profitsarrived at after providing for depreciation in accordance with the provisions of the Act, it has becomeobligatory for every company distributing di