Popular Articles

Supreme Court Defines Manufacture in Excise Cases

Posted by CA Nikita 31 May 2007 12805 Views

Learn how the Supreme Court defined 'manufacture' for excise duty and reversed an ITAT order regarding Hindustan Zinc's inventory. Read the key rulings.

All you need to know about compliance to start a LLP

Posted by CS Aarti Jain 21 November 2018 12804 Views

Limited Liability Partnership is a unique form of business registration in Ind

Scandal Series: LIBOR Scandal

Posted by Vikash Maheshwari 11 May 2013 12802 Views

As a part of my short and quick understanding of financial crisis and scandals that has rocked the nations across the globe, today Ive taken up the LIBOR scandal. Although theres a debate if its a scam/scandal or not, we must

FAQs on "Operation Clean Money" 5 Lakh unregistered taxpayers identified

Posted by MOHAN ARYA 13 August 2017 12800 Views

CBDT Issue FAQs on "Operation Clean Mone" 5 Lakh unregistered taxpayers identified

ISCA Preparation, Revision & Presentation techniques

Posted by CA Hari Krishna Gatti 06 March 2017 12796 Views

ISCA is a nightmare for most of the CA final students. Reason for this is, it is something different from other CA subjects.

Analysis on related party transcations

Posted by CS Shivam Singhal 12 January 2016 12793 Views

RELATED PARTY- As Per Section 2(76) of the Companies Act, 2013, Related Party meansa) A directorb) Relative of directorc) KMPd) Relative of KMPe) A Firm, in which a director, manager or his relative is a Partnerf) A Private Company in which a directo

New to income computation and disclosure standards (ICDS)? Here's what you need to know

Posted by Karan Khatri 15 July 2015 12792 Views

INTRODUCTIONBackgroundSection-145(2) of Income tax Act, 1961 empowers Central Government to issue Income Computation and Disclosure Standards (ICDS).Key Features of ICDS Effective Date of ICDS is 01stApril, 2015e. AY: 2016-17 onwards. ICDS applicable

CA exams: A journey, a fight, a hope, a struggle

Posted by CA Aditya Shah 26 November 2015 12791 Views

CA exams as I'd describe: A journey, A fight, a hope, a struggleWhere you connect in all your hopes and integrate your efforts to create a result you could be proud of.How you struggle today determines what kind of person will you be tomorrow. So

All about Income Tax Audit

Posted by Ashok Pitroda 31 March 2023 12790 Views

There are many types of audits conducted under various laws. Similarly, an audit conducted under the Income Tax Act, 1961 is called a ‘Tax Audit’. In the Income Tax Act, 1961, section 44AB mandates provisions for a tax audit, which are explained as follows. In the following circumstance, a tax audit will be mandatory.