Popular Articles

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

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

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

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

An Brief Overview of Section 80P

CA J KUMAR 12 May 2011 at 14:48

An overview of Section 80P:- Following income are available for deduction to Co-operative societies A. Income from Banking Business:- In Case of a cooperative society providing credit facilities to its members, the whole of the amount of profit

Prepare Cash flow statement in 5 steps

Himanshu Kalra 01 December 2014 at 11:11

We all have been studying CFS since Class XII, know the theoretical part but when it comes to making Cash flow statements practically, we find ourselves in a jeopardy. I have been into such situations when the CFS wont tally, however hard I ma

Section 285BA - Annual Information Return

Member (Account Deleted) 17 November 2008 at 12:52

Authorising ‘agency’ for receiving Annual Information Returns on behalf of Commissioner of Income-tax (Central Information Branch) under section 285BA, read with rule 114E - In exercise of powers conferred under sub-section (1) of section

Search & Survey under income tax act

CS Advocate Abhishek Goyal 12 January 2013 at 13:21

SEARCH & SURVEY-PROVISIONS & PROCEDURES-A BRIEF OVERVIEW Search & seizure-meaning of: Search, according to normal dictionary meaning, means to look out, to seek or to find something the presence of which is su

How can you pass out within 45 days

CA.ViVeK M ACA 16 March 2011 at 11:50

Dear Friends and Students, There are only 45 days left for your CA exam ( both I P C C and final exam). Whether you had studied well or not well before, if you are not doing a good accelaration during these 45 days will cause a pooer result. So, we h

Allotment of Equity Shares as per Companies Act, 2013

CA.Sangam Aggarwal 08 November 2014 at 11:27

The allotment of shares in preferential basis involves the following:PROVISIONSApplicable Sections & Rulesa. Sec.62(1)(c);b. Section 42; c. Rule 14 of Companies (Prospectus & Allotment of Securities) Rules