Popular Articles

FAQs on Section 185 along with planning

CA Nitesh Kumar More 13 May 2014 at 11:41

Q1: What are the prohibitions on sec 185? Ans: No company can directly or indirectly advance loan to its directors or to other persons in whom directors are interested. No company can give any

NFRA - Need, Applicability and Role

Dhaval Gusani 26 November 2018 at 18:07

What is NFRA? National Financial Reporting Authority (NFRA) is a single independent authority proposed in Companies Act, 2013 for the establishment and enforcem..

Checklist for Reconciliation of Turnover in GST Audit

CA Ruchika Tulsyan 20 June 2019 at 11:58

Part II: Reconciliation of turnover declared in audited Annual financial Statement with turnover declared in Annual Return (GSTR 9)In this part of GST Audit,we ..

Three distinct aspects of financial applications

Tulasi S Sastri 24 February 2015 at 16:16

Three distinct aspects of Financial Applications that help in Systems Requirement Study (SRS). What is SRS? By SRS I am referring to the exercise undertaken to understand and to specify the requirements of a Business Application for development. Ther

Relaxation of time for filing form CHG-1 and FORM CHG-9

Lakhan Gupta 22 June 2020 at 09:57

On account of a pandemic caused by COVID-19 and consequent delays in filing of forms relating to creation or modification of charges due to operational difficulties, MCA has introduced Scheme for relaxation of time for filing Form CHG-1 and/or Form CHG-9

Deduction under Section 80DD & 80DDB

Ritik Chopra 01 April 2021 at 09:57

Discussing Deduction in respect of maintenance including medical treatment of dependent that is a person with disability [Section 80DD] and Deduction in respect of medical treatment, etc. (Section 80DDB).

Search (Raid) & Seizure under income tax act, 1961

PUSHP KUMAR SAHU 29 January 2019 at 11:33

Search & Seizure action by the income tax department popularly referred to as �RAID� invo

GST Updates - Monthly Recap for September 2020

CA Chanchal Jain 03 October 2020 at 11:00

The GST department has come up with frequent updates in the month of September. This article summarizes all the updates including how these may benefit taxpayers.

Can NRI buy agricultural land in India?

Ca Anand Dubey 04 June 2022 at 09:25

Can an NRI /OCI or foreigner buy or otherwise acquire agricultural or farm land in India?

Latest key amendments effective from 1st April 2023

Affluence Advisory 03 March 2023 at 08:57

Brief highlights of the Recent Key Amendments which will become effective from April 01, 2023, and actions to be taken by the respective Companies for the same