Community & General Articles

Recommendations of Tax Accounting Standards (TAS)

Posted by sanjay aggarwal 05 November 2012 22220 Views

Brief Recommendations put by the committee are summarized here under: • As per AS 1 talks on the concept of prudence, But TAS (AP) does not permit differential treatment of expected income & Losses unless permitted by any other TAS &b

ERP (SAP) Basics

Posted by Ki$hor B 05 November 2012 39485 Views

My zeal for ERPs was the reason for my rendezvous with the director. I was speechless to hear Some of my employees behave as cheap as chips. Id never seen the owner of a 2200 crore company running off at his mouth. Those word

Examinations - Oh my God

Posted by Nimish Goel 02 November 2012 20038 Views

This is probably not the right time to write this article, as majority of you would be busy preparing for exams. However, I still thought it might be of use to those who happen to take a break by visiting the web-si

Taxability of Income from Real Estate

Posted by CMA Arif Farooqui 01 November 2012 33713 Views

Real Estate is an ever green investment option in India and it has always given good returns. It can be a residential or commercial property. Real Estate gives recurring income in form of rent and appreciation in value in case of re-sale. As it

Integration of risk and finance information in a financial organization

Posted by Dinesh Darak 31 October 2012 8826 Views

Introduction The recent global financial crises, intense regulatory requirements, extensive competitive pressures, voluminous data, have created a challenging enviro

Bad Debts & Provisions of Bad Debts

Posted by Member (Account Deleted) 31 October 2012 119033 Views

Bad debts are such debts which are not recoverable. Doubtful debts are such debts which are suspected to be recovered. As per judgment of TRF Limited vs. CIT (Supreme Court). Bad debts need not be proven to be irrecoverable u/s 36(1)(vii). It

Mega Firms in Retailing - A Consumer Perspective

Posted by Alice Mani Jacob 31 October 2012 6486 Views

The issues associated with the entry of mega firms in retailing are often discussed from the perspective of the cons

Impact of FDI in Retail in India

Posted by muthukumar 29 October 2012 41457 Views

IMPACT OF FDI IN RETAIL IN INDIA Analysis of FDI impact in INDIA M.MUTHU KUMAR The main objectives of this paper are to analyse the impact of recent opening of

Joint Development Agreement - A Business Model

Posted by Bhanu Prakash Rao 27 October 2012 109375 Views

Investors who have invested on site/land have many options. One is to retain and wait for good capital appreciation. Another option is to construct a building. For construction owner

Overview of Micro, Small & Medium Enterprises (MSMEs) Sector

Posted by Rajkumar Adukia 27 October 2012 36863 Views

INTRODUCTION Worldwide, the micro and small enterprises (MSEs) have been accepted as the engine of economic growth and for promoting equitable development. The MSEs constitute over 90% of total enterprises in most of the economies and are credit