Popular Articles

Office or Place of Profit?

Posted by G S Rao 23 May 2012 94037 Views

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

Posted by CA Prateek Marlecha 05 July 2013 93996 Views

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

Posted by CS DHANAPAL 07 September 2012 93982 Views

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

Career as Cost & Management Accountant

Posted by CMA Arif Farooqui 15 November 2012 93802 Views

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

Meaning of Relative as per Income Tax Act 1961

Posted by Aishna Kukreja 25 March 2020 93690 Views

Meaning of Relative as per Income Tax Act 1961. Section 2(41)of the Income Tax Act 1961 defines the meaning of relative. The meaning of relative is further explained in Section 56(2)(vii).

What work is done in CA articleship

Posted by Yashodeep Chauhan 17 December 2020 93521 Views

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.

GTA- Service Tax - Issues

Posted by Madhukar N Hiregange 25 September 2008 93487 Views

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

Banks NPA and Impact on Indian Economy

Posted by nandini mishra 12 January 2011 93432 Views

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

Posted by Manish Kumar Agarwal 29 May 2014 93350 Views

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

Principle of Drafting

Posted by CS Bijoy 12 May 2011 93182 Views

DRAFTING MEANS: THE combination of Law and Fact in a language form. The process of Drafting operating in two planes-Conceptual and Verbal. Besides choosing the right word the right concept is also required to choose. In legal sense drafting