Popular Articles

Impact of Ayodhya Ram Mandir on Indian Economy

CA.Sangam Aggarwal 29 January 2024 at 08:47

The impact of the Ram Mandir on the Indian economy is a complex and multi-dimensional phenomenon.

HUF Taxation and fundings

C.A. Roshan Das 11 February 2017 at 11:29

HUF Taxation as per Income Tax Act,1961

Comparative Study of AS-2 (Valuation of Inventories) and IAS-2 (Inventories)[By Mr. Anshul Rastogi, Meerut, Uttar Pradesh,Student of CA Final]June 12, 2007AS-2IAS-2Valuation of Finished Goods and Work In Progress (WIP) Inventories in form of finished

Impact of Organization Culture on Internal Controls

Sonia Jaspal 11 August 2011 at 12:14

The COSO defines Internal Control as a process, effected by an entitys board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories: ef

GST Notification in the Textile industry regarding Inverted Tax Structure

RENGARAJ R.K 13 August 2018 at 11:15

Introduction Based on the recommendations of the 28th GST Council Meeting held recently, the Board has issued the Notification bearing No.20/2018 dt 26th July 2..

GST on Multimodal Transportation

CA Ashwini Seeram 13 June 2019 at 11:21

The implementation of and adherence to a new law is always a complicated and cumbersome exercise. This was no different in case of the GST law in India. The law brought

Understanding Tax Implications of Income from House / Property

Priya Kashyap 18 March 2019 at 11:07

If you own a property which is a building, plot or land attached to such building, then any rental income from such property will be chargeable to tax under the..

Service tax wrongly levied on Interest/Finance charges

Seetharaman K C 24 June 2010 at 10:52

It has come to my notice that several banks are charging service tax on interest and finance charges on credit card payments. In certain cases although the nomenclature is clearly mentioned as “Interest” still the bank has charged servic

TDS under Sec 194-IA

Suresh Thiyagarajan 02 July 2019 at 10:58

TDS u/s 194-IA relating to Transfer of Immovable Property(IP): The above section requires the transferee (person who purchases the IP) to deduct TDS @1% u/s 194..