Popular Articles

Important Judicial Pronouncements on Presumptive Taxation

CA.R.S.KALRA 17 December 2020 at 15:09

In this article, we discuss all the Important Judicial Pronouncements on Presumptive Taxation under the Income Tax Act 1961.

Treatment of moratorium period for financial assets under IND AS-109 amidst COVID-19

Yash Panjwani 08 May 2020 at 09:34

This article mainly covers business model for amortisation method and its accounting aspects under Ind AS 109.

Non-Payment of Tax to the Government - Is the Seller liable or the Buyer?

CAJayprakash Pandey 15 May 2021 at 10:06

Madras High Court has given relief to the genuine buyer that the seller must be examined in such cases and recovery proceedings must be initiated against the seller.

Loans And Investment By Company - Section 186 Of The Companies Act, 2013

Neha Rajan Redekar 22 November 2021 at 09:49

Section 186(2) of the Companies Act, 2013 provides that no company shall directly or indirectly Give any loan to any person or other body corporate; Give any gu..

Form-15G: Overview, Eligibility, and Format

Puneet Taneja 07 September 2020 at 17:28

It is a declaration form to be filled up by individuals less than 60 years of age and HUFs stating their income is less than the Exemption limit to ensure that no TDS is deducted from their interest income in a year.

CAs & CWAs empowered for service tax audits

Sumit Grover 06 December 2014 at 12:15

CBEC has authorised CAs & CWAs(nominated u/s 72A) to conduct service tax audits at behest of service tax department.Statutory provisions--Rule 5A(2) of Service Tax Rules, 1994 authorises department to conduct audit by CAG or any audit party deput

Significant changes introduced in the revised auditing standard - SA 570 going concern

CA Amrita Chattopadhyay 07 June 2016 at 10:41

The revised Auditing Standard introduced for SA 570 Going concern is for the audits of financial statements for the periods beginning on or after 01st April, 2017.Significant changes introduced in the standard:ScopeThe earlier standard which was effe

GST Audit Report 2017-18, lots of load to upload

CA Umesh Sharma 15 November 2019 at 11:42

GST Audit Report 2017-18, lots of load to upload

EXEMPTION U/S.54-F

Arihant 22 August 2008 at 23:04

EXEMTION U/S. 54-F IS AVAILABLE IF THE INVETMENT IS MADE OUT OF INDIA.In an article published in a tax journal, an advocate and tax consultant from Ahmedabad had expressed the view that exemption from capital gains can be availed of under Sections 54

The Language of Business

Guest 15 October 2011 at 12:47

Learning accounting is like learning a language. Accounting professionals collect, record, codify and communicate information about a business. It is an old adage, but a truth, that accounting is the language of business. Learning ac