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 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
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
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
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 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 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.
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
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....
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.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English