Popular Articles

Deferred Tax asset on Depreciation Loss: a Moot

Posted by CA S.SAIRAM 16 September 2010 95570 Views

Deferred Tax asset on Depreciation Loss: a Moot Creation of deferred tax asset in pursuance of accounting standard-22 requires existence of an intriguing situation called ‘Virtual Certainty’ for future taxable profits. ‘Virtual Cer

Exam oriented Suggestions and tips for Nov 14 Exam

Posted by Ankur Garg 25 July 2014 95275 Views

Dear Students, Id like to share some of the very basic suggestions connected with Exam preparation. As suggested by the title of this write-up these suggestions are very general in nature and very easy to implement and you may use them for any

Suggestions to handle Information System Control Audit ISCA

Posted by Ankur Garg 25 August 2014 95161 Views

Dear Students, In my previous three Exam oriented articles I had discussed tips and tricks to handle Costing, Strategic Financial Management (SFM) and Audit subjects. Now it is time to discuss another technical and relatively tuff subject of CA Final

Deemed Sales

Posted by Rishi Kochar 16 January 2014 94730 Views

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

Posted by Member (Account Deleted) 25 October 2012 94666 Views

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

Posted by Vikranth 05 April 2021 94579 Views

"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

Posted by Manish Kumar Agarwal 02 July 2012 94366 Views

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

Posted by CA Pallav Singhania 31 October 2013 94198 Views

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

Procedure for change in Bank Acc Signatory of a Co

Posted by Ankur Garg 30 August 2014 94065 Views

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

Can An Average Student Also Become CA ?

Posted by Krish 29 June 2011 94049 Views

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