Community & General Articles

Run through of mergers and acquisitions and its components

Posted by Aditya Kornginnaya 07 November 2012 17137 Views

Before I start of on this brief explanation of M&A, I would like you people to know that its my first attempt on writing of any kind. So please do bear with me for any mistakes. Comments and suggestions are welcome. M&A are the orde

An Overview of Limited Liability Partnership (LLP) in India

Posted by Guest 07 November 2012 258446 Views

A Limited Liability Partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liability. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible

EMI of Loan

Posted by Member (Account Deleted) 06 November 2012 26638 Views

EMI is the short form of Equated Monthly Installment. In EMI Installment and interest on remaining loan balance both are included. It is the general phenomena in which installment and interest both makes the equal amount to pay at every month during

Recommendations of Tax Accounting Standards (TAS)

Posted by sanjay aggarwal 05 November 2012 22246 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 39492 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 20059 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 33723 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 8833 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 119055 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