Popular Articles

Extra deduction of Rs. 20,000 under section 80CCF

Nandan Narula 21 August 2010 at 15:16

Another avenue to save tax was introduced in the Budget 2010 in the form of section 80CCF. This section allows a deduction of Rs. 20,000 for investments made in Infrastructure Bonds. Recently, IFCI has come up with an issue of Long Term Infrastructu

Why Chartered accountants can be the best entrepreneurs

Rohit Jain 18 August 2014 at 11:20

Few people on the face of this earth have the mojo to change it forever. Since the dawn of industrial revolution, entrepreneurs have given maximum benefits to the society. No risk, no gain has been and will always be the mantra of success in life.Be

GST Amnesty Scheme

CA Nitin K. Varshney 28 April 2023 at 16:11

Government announces such amnesty schemes time to time for providing benefits to the taxpayers. Especially to those taxpayers, who have not filed returns in time or they have committed any defaults under GST Laws. It was first come into force in 2018.

No tax audit for co-operative societies

Radhakrishnan K.V. 28 December 2017 at 12:04

Article on Section 44AB of Income Tax Act 1961

MVAT Audit 2013 - Approach & Important Issues

Guest 27 November 2013 at 11:26

Applicability of audit under MVAT Act, 2002 To whom audit is applicable? As per Section 61(1) of the MVAT Act, 2002, audit is applicable to: A dealer who is liable to pay tax and his turnover, either of sales or purchases, exceeds Rs. 6

Directors Special: Section 189 of the Companies Act, 2013

Yogina 14 July 2014 at 11:48

There are around twenty one statutory registers to be kept by companies pursuant to the Companies Act, 2013. All the registers, records, minutes, books and paper, documents etc. (herein after collectively mentioned as the records) to be

GST Audit Date Extension & Denial of Extension

CA Sudhir Halakhandi 30 January 2020 at 15:41

GSTR-9 AND GSTR-9C/ GST AUDIT DATE EXTENSION AND RESULT OF DENIAL OF EXTENSION.

Procedure for Appointment of Cost Auditor: 2014-15 onward

CMA Navneet Kr Jain 25 July 2014 at 12:37

The enactment of new Companies Act 2013 has brought far reaching changes. On the one hand it has tried to fi

TDS under TN VAT act & Rules

P.Jagadeeswaran 17 June 2011 at 14:46

Tax Deduction at Source or TDS under the Tamil Nadu Value Added Tax Act, 2006 & Value Added Rules 2007 In Tamilnadu, Tamilnadu Value Added Tax, 2006 received the accent of the Governor of Tamilnadu on the 14th of December, 2006 and was enact

Acceptance of Deposits - Simplified (With Help of Examples)

CA Gaurav Mittal 02 June 2014 at 11:13

ACCEPTANCE OF DEPOSITSection 73 to 76 Simplified The companies Act 2013 by way of Section 73 to 76 has bought many changes in respect of Acceptance of deposits by company and the changes are applicable are on Private Limited Companies also. To unders