Popular Articles

Service Tax on Works Contract

gscindia 29 August 2007 at 16:13

BACKGROUND:Infrastructure development has been major thrust area in government policies in recent past. India is witnessing all round development in infrastructural facilities as never before. Better Road Network, Airport of International Standard, M

Acceptance of Foreign Contributions by NGO's, etc

CA. Rishabh Mittal 12 December 2009 at 18:12

Foreign Contribution · In order to receive foreign contribution, Clearance from Ministry of Home Affairs is required –1. On Permanent basis; OR2. On Case to case basis · An association with a def

GST me Naya Saal, Aur Taxpayer Behaal!

CA Umesh Sharma 29 December 2020 at 09:57

The year 2020 has seen a large number of false transactions & malpractices of the taxpayers. In order to curb malpractices used by taxpayers for tax evasion, the GST department is now implementing its new tools to brush out anomalies in the system.

New procedure for verification and scrutiny of ST returns

Yash Goyal 30 July 2015 at 10:32

Dear All,The CBEC vide its circular no 185/4/2015 dated 30th June 2015 has revised the procedure for scrutiny of the service tax returns. This is a step towards ensuring whether the self-assessment carried out by the assessees is in line with the pr

The Odisha Value Added Tax (Amendment) Act, 2015

CA.TARUN K AGARWALLA 03 December 2015 at 12:35

The Government of Odisha Vide its notification no 9848-I-Legis 5/2015-L dated 24th September 2015 has notified �THE ODISHA VALUE ADDED TAX (AMENDMENT) ACT, 2015, (Odisha Act 7 of 2015), an act to further amend �THE ODISHA VALU

Short Summary on - Composition scheme under GST

CA Rohan jain 19 June 2017 at 11:52

Goods and Services Tax is set to bring along a new regime of business compliance in India. Large organizations h

Importance of Economic Literacy for Finance Professionals

CA Surbhi Singhal 21 January 2014 at 12:34

Finance and economics share an inseparable bond since ages. Yet we finance professionals, or to-be finance professionals of different fields such as CA, CS, CMA commit the sin of keeping ourselves separate from economics, yet claiming

Elements And Process Of Forensic Audit For Corporate

Rupal 07 August 2020 at 15:00

Forensic audit is the process used to examine an individual's or a company's financial information for use as evidence in court. It helps to detect diversion of funds, wilful defaults and window dressing of financial statements

Sec 194-O: TDS by e-Commerce operator

CA S K MISHRA 25 November 2020 at 14:43

U/s 194-O w.e.f from 1st Oct 2020, an e-Commerce operator is required to deduct TDS for facilitating any sale of goods or providing services through an e-Commerce participant,

Tendering audit services is a menace to the CA fraternity

CA Amresh Vashisht 26 March 2015 at 10:38

The latest quote price of Rs 2 per month per panchayat at Madhya Pradesh has once again shattered the profession heart & soul. Thank GOD this time, its double to 2012 rates, where the lowest tender for primary school audits was Re 1 per sc