The Companies (Auditors Report)Order,2015, is unlawful thus not enforceable.The Ministry of Corporate Affairs on 10th April, 2015, has issued on its website the Companies (Auditors Report) Order,2015(the Order) though the Order is not
HRA(House Rent Allowance) can be claimed as a tax deduction as per Section 10(13A) of the Income Tax Act 1961. The HRA can be claimed as a deduction after meeting the eligibility criteria.
There are a lot of mutual fund schemes prevalent in the market. An investor should be aware of the scheme before investing his hard earned money in the scheme. I have given hereunder a snapshot of the various schemes
This article will help you understand some of the exemptions and deductions that are valid under the new tax regime.
Introduction: Under Globalised scenario, the boundaries of the business crossed the beyond from one county to many countries during the last two decades, at the same time business risk is also increased the same level for the companies and their inve
I am very happy to see the response of students pursuing CA and CS and especially their willingness to learn things and achieve all their goals.I have earlier written an article on the importance of drafting to CS and CA students. While I have writ
Consolidation of financial statements - Some perspectives
ARTICLESHIP THE GOLDMINE As per Income Tax act, a long term asset is that asset which is held for more than three years. And this long term asset, if sold Capital Gain is taxable @20% flat rate. Friends articleship period in CA course is
Lately, after exams, its been a time for reflection and self introspection. Though I do this often, it never really gets repetitive. The novelty doesnt wear off in as much as I get to learn something new each time I do it. The bone of
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English