Popular Articles

Audit under section 44AB

Posted by Aashish Ramchand 28 September 2012 78674 Views

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

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

Posted by Manoj Pala 29 September 2012 78647 Views

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

Procedure for bank branch audit

Posted by CA Darshan 04 March 2016 78618 Views

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

Posted by CA.Tarun Nagpal 16 September 2013 78614 Views

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

An Brief Overview of Section 80P

Posted by CA J KUMAR 12 May 2011 78563 Views

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

Posted by Himanshu Kalra 01 December 2014 78557 Views

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

Posted by Member (Account Deleted) 17 November 2008 78486 Views

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

Posted by CS Advocate Abhishek Goyal 12 January 2013 78423 Views

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

Conversion from PE-II to IPCC---Detailed Procedure

Posted by Ankur Garg 21 August 2010 78396 Views

DETAILED PROCEDURE TO BE FOLLOWED ALONG WITH SWITCHOVER FEE STRUCTURE FOR CONVERTING FROM PE-II TO IPCC

Allotment of Equity Shares as per Companies Act, 2013

Posted by CA.Sangam Aggarwal 08 November 2014 78383 Views

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