Community & General Articles
An Overview of Limited Liability Partnership (LLP) in India
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
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)
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
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
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
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
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
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
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
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
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