Popular Articles

Prosecution u/s 276B for Defaults of TDS

deepak K Gujrati 02 July 2013 at 11:49

SUBJECT: TDS/INCOME TAX ACT Default in TDS Collection and Deposit How Punishable is This Offence I

Meeting of Independent Directors under Schedule IV of Companies Act 2013

Sundharesan Jayamoorthi 13 January 2015 at 10:20

The Companies Act 2013 (referred as the Act) has introduced a new governance initiative that the independent directors shall meet separately without the attendance of non-independent directors and members of management. A similar clause

A Brief Guide to TDS

CA Kumar Kedia 07 August 2014 at 11:22

Govt. of India collects the tax basically by three modes, i.e. Self assessment, Advance Tax and one of them is TDS( i.e Tax deduction at source.Discussing in brief what exactly the TDS is? TDS is the tax which is deducted at the

Provision of Companies Act, 2013 relating to Auditor

Karan Domadia 10 March 2014 at 12:41

Provision Of Companies Act 2013 relating to Auditor. INTRODUCTION There is a huge tremendous Change in new Provisions under the Companies Act, 2013 with respect to Auditors as compared to the old Companies Act, 1956. The new Act in

Point of Taxation

PUNEET GOYAL 10 July 2012 at 12:54

Service tax will be paid on accrual basis except in certain specified cases. 1. Earlier service tax was payable on receipt of payment in respect of taxable services provided.

All changes in new ITR Forms AY 2019-20 with snapshots

Prerna Saraogi 08 April 2019 at 17:57

The all new Income Tax Return Forms for AY 2019-20 have been released. The ITR forms ITR-1 and ITR-4 have also been made available for e-filing.

Audit under section 44AB

Aashish Ramchand 28 September 2012 at 12:47

I have discussed the various provisions with respect to section 44 AB below The following persons are liable to get their books of accounts audited compulsorily by a Chartered Accountant 1) A person carrying on business if the

Procedure for bank branch audit

CA Darshan 04 March 2016 at 11:33

SOME IMPORTANT FACTS � CONCEPTS � AUDIT PROCEDURE IN BANKINGExecutive Summary: - Banking sector is the backbone of the economy. But now a days it is a major weak sector. What would be the probable reason for the same, i wanted to highligh

Areas of Ordinary Resolution under Co. Act 2013

CA.Tarun Nagpal 16 September 2013 at 12:33

Companies Act 2013 : Ordinary resolutions The companies act has brought smiles on corporate Indias face giving a much needed lift. Simplifying the procedural aspect will surely wash away the bad memories during the older regime. This article

Reversal of Cenvat Credit if inputs/capital goods are partially or fully written off: Rule 3 (5B)

Manoj Pala 29 September 2012 at 11:27

Sub-rule (5B) of Rule 3 of the CCR provides that if the value of any: (i) input, or (ii) capital goods before being put to use, on which CENVAT credit is taken is written off fully or partially or where any provision to write off fully or partia