Popular Articles

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

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

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

Career as Cost & Management Accountant

CMA Arif Farooqui 15 November 2012 at 11:32

Before liberalisation of Indian Economy, career in finance was perceived as a back office record keeping job; but after the liberalisation it has become much more challenging and interesting. Today, it is seen as a career that provides greater roles

GTA- Service Tax - Issues

Madhukar N Hiregange 25 September 2008 at 14:23

Vexatious Issues under Service Tax - Goods Transport Agency Madhukar N Hiregange FCA, DISA(ICAI) SYNOPSIS The service tax on the goods transport agency was imposed w.e.f. 1.1.2005. This was after a committee went into the dif

What work is done in CA articleship

Yashodeep Chauhan 16 December 2020 at 16:53

In this article, we discuss the different areas of work under which a CA Article is trained during the 2.5 year long articleship period and the different factors that guide those areas.

Banks NPA and Impact on Indian Economy

nandini mishra 12 January 2011 at 12:36

BANKS NPA AND IMPACT ON INDIAN ECONOMY Introduction:- A well organized and efficient banking system is a pre-requisite for economic growth. Banks play an important role in the functioning of organized money market. in order to meet the banki

Understanding Section 80 IB Deduction in respect of Real Estate Companies

Manish Kumar Agarwal 29 May 2014 at 13:23

Background:- Section 80-IB (10) of the Act is aimed at promoting construction of housing projects, so as to address the problem of shortage of dwelling units. The predominant objective of this incentive provision, therefore, is to encourage better av

Few ways to update your Professional Knowledge

CMA Ramesh Krishnan 21 January 2011 at 11:17

Introduction: Knowledge updating is a basic requirement in the present fast growing world. Changes only constant in the world, based on the changes we are indeed to update our knowledge regularly. In the field of finance & accounts as professiona