Popular Articles

Resolutions under the Companies Act, 2013

Vandana J Doshi 24 February 2014 at 10:25

Before going further, first of all let us understand what a Resolution is. A Company being an artificial person, any decision taken by it shall be in the form of a Resolution. Accordingly, a resolution may be

Foreign Exchange Management Act, 1999 (FEMA): Basic Understanding

Ajay Mishra 25 April 2012 at 11:48

INTRODUCTION A system of exchange control was first time introduced through a series of rules under the Defense of India Act, 1939 on temporary basis. The foreign crises persist

Audit of educational Institutions

Member (Account Deleted) 20 May 2016 at 11:27

Audit of books of educational institutions i.e. Schools, Colleges, Universities etc is known as audit of educational institutions. This type of audit comes under the category of special audit.Generally, the procedures for auditing is same like other

Tax Audit under sec 44AB of the Income Tax Act

Soumya Laha 17 August 2017 at 11:22

Tax Audit limit of Rs 1 crore has been increased to Rs 5 crore with effect from AY 2020-21 (FY 2019-20) if the taxpayer's cash receipts are limited to 5% of the gross receipts or turnover, and if the taxpayer's cash payments are limited to 5% of the aggregate payments.

FAQs on Section 186 of Companies Act 2013

P C Agrawal 09 May 2014 at 12:48

Q.1. What types of specified transactions are covered under the Section? Ans. Section 186 covers 3 types of specified transactions entered into by a company directly or indirectly:

Section 145A of the Income Tax Act

Manoj Pala 23 April 2013 at 12:09

Section 145A shall be substituted for the existing section 145A by the Finance (No. 2) Act, 2009, w.e.f. 1-4-2010: Method of accounting in certain cases. 145A. Notwithstanding anything to the contrary contained in section 145, (a) the

Important caselaws on Company law

Vinay Raja 04 December 2010 at 13:59

Leading Cases on Company Law As the trend of asking questions have been changed by ICAI, I thought this might be useful. I compiled these decided case laws from various sources like RTP, study module, compilation o

Procedures to upload ITR and 3CB/3CD

Naresh Kansala 05 July 2013 at 12:34

Procedure to upload ITR and Form 3CB/3CD Based on Personal Experience 1) Firstly CHARTERED ACCOUNTANT has to register on Income Tax Site:- a) Steps to Register:-

RELATIVES UNDER THE INCOME TAX ACT - A RELATIVE CONCEPT

CA Pradip Shah 04 July 2008 at 17:03

[This article appeared in TAXMAN-Volume 156 Page 89 dt. 21st Oct. 06 ] RELATIVES UNDER THE INCOME TAX ACT – A RELATIVE CONCEPTBy CA Pradip R. Shah Human Society – a cobweb of relationships1.0 Human being is called a social animal. The