Popular Articles

Deemed Sales

Rishi Kochar 16 January 2014 at 13:01

Before the discussion on deemed sales we must be well known of the general facts of sale.Meaning of Sale There are various definitions of the term Sale is generally specified in different laws and different State VAT acts. Hence we nee

Accounting for Service Tax under point of taxation regime

Member (Account Deleted) 25 October 2012 at 11:17

Back-ground The Ministry of Finance has brought into force the Point Of Taxation Rules 2011 from July 2011. Although it has been nearly a year since these rules have been brought into eff

Role of Chartered Accountants in Investment Banking

Vikranth 22 June 2011 at 11:38

"Morgan Stanley offers $200,000 to IIM student for Investment Banking role!" One often reads such lines in newspapers.

Understanding deductions of section 80-IA & IB

Manish Kumar Agarwal 02 July 2012 at 11:34

Chapter VIA of the Income Tax Act, 1961 covers only deductions available to assessee under section 80 of the Income tax act, 1961. The assessee by some act as mentioned can reduce its taxable under this provisions. Amongst number of sub-sections of

Presumptive Taxation U/S 44AD Simplified

CA Pallav Singhania 31 October 2013 at 12:45

Businesses have been grown over the period of time due to general growth of the economy and varied other reasons. But at the same time various numbers of business and service providers, irrespective of their area of operations, earning substantial i

Can An Average Student Also Become CA ?

Krish 29 June 2011 at 14:15

Generally it is said that Professional courses like CA, MBA, B.Tech, M.Tech, MCA can be done only by brilliant students. Because they have extra mind as compare to average students/poor students, they have extra concentration power, they know how

Office or Place of Profit?

G S Rao 23 May 2012 at 13:08

What is an office or Place of Profit? Introduction: The Companies Act, 1956 is one of the most voluminous Legislation. It contains 658 sections, 14 schedules and several forms for meeting the compliance. Although several Companies bills have bee

Procedure for change in Bank Acc Signatory of a Co

Ankur Garg 30 August 2014 at 11:03

In my previous article Procedure and documentation for opening of Company Bank Account we had discussed about the basic procedure for opening of Company Bank Account along with 2 sample board resolutions for opening of Company Bank Acco

Exemption from Service Tax to SEZ's

CA Prateek Marlecha 05 July 2013 at 12:34

CBEC on July 01, 2013 issued notification no. 12/2013 granting exemption from service tax to units located in SEZ or developers of SEZ for the services used in their authorized

Different dimensions on Mergers & Demergers

CS DHANAPAL 07 September 2012 at 16:29

SECTION 1 INTRODUCTION The term Amalgamation or Merger or De-merger is not defined in the Companies Act, 1956. Chapter V of Part VI of Companies Act comprising sections 390 to 396A contain provision