Popular Articles

Understanding Foreign Exchange - Part 1

Aravind.. 18 July 2011 at 11:50

series of articles on foreign exchange- Foreign exchange is any transaction that involves more than one currency. So, buying dollars with Indian rupees or selling dollars for euro or any such transact

Budget 2010 - Indirect Taxes

CA.Hanumantha Reddy 14 April 2010 at 17:23

Service Tax: The service tax effective rate is remains unchanged @ 10.3% Important amendment to the existing provisions: · Amendment of Section 65 (19) Business Auxiliary Service (BAS) - in sub – clause (ii) the explanatio

Practise, job or may be a Startup for a qualified CA?

Mahesh Lahoti 04 February 2019 at 10:59

Have you heard about bewakoof.com, lenskart.com, flipkart.com, ola? These are one of the most successful startups in India. What do they have in common: an engi..

Impact of adoption of IFRS on Accounting Practices

CA Raj Thakkar 19 August 2010 at 10:17

IMPACT OF ADOPTION OF IFRS ON ACCOUNTING PRACTICES Basic Concept Mix of historical cost and fair valuation. True and fair over-ride In extremely rare circumstances when management concludes that compliance with a requirement in an IFRS or an Inter

Section 16 of CGST Act 2017: Eligibility and conditions for taking ITC

Harsh Kaushik 17 April 2023 at 10:03

Section 16 of CGST ACT 2017 talks about Input Tax Credit mechanism, which allow Taxpayers to offset the GST Input Tax Credit with the GST Output Tax Liability. This helps in avoiding the cascading effect of taxes and promote seamless flow of credit through the entire supply chain.

Critical Changes in GST Compliances from 1st Jan 2021

Vivek Jalan 26 December 2020 at 14:29

In this article, we will discuss the critical changes in GST Compliances from 1st Jan 2021 which have been amended by the Central Goods and Services Tax (Fourteenth Amendment) Rules 2020.

Composition Levy under GST

AAYUSHI BANSAL 09 June 2017 at 11:18

In this article,we are discussing about Composition scheme under GST and also discussing about Input Tax Credit Under GST regime

Set your goals and make them happen

Shivanand Pandit 02 January 2016 at 11:47

Having goals for things we want to do and working towards them is an important part of being human. If we want to succeed, we should set goals effectively. Goal setting endows us a yardstick for deciding whether we are really prospering. It helps us

Knowledge base for CA preparation

CA Mayank 22 September 2016 at 10:45

A personal experience of a Chartered Accountant which will be really useful for future Chartered Accountants to get the Success with Smart Work & not short cut...

Role of a Chartered Accountant as a preparer of XBRL

CA RAHUL RAY 15 May 2014 at 11:40

We as accountants need to understand how to interpret the taxonomy, which does not necessarily include understanding XML language and its semantics. As accountants we should be able to appropriately link each element of the financial statements to th