Articles by Himanshu Kalra

All about GST - What, When and How

Himanshu Kalra 27 December 2014 at 11:38

The introduction of GST is being seen as second major tax reform after 1991. GST is in the limelight again and everyone wants to have a talk about it. Under this article, I have tried to summate basics of GST. Have a good read. What is GST? GST is th

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

Understanding AS 22 - Deferred Taxes

Himanshu Kalra 15 September 2014 at 10:50

AS 22 is considered a tricky accounting standard and rightly so. This article is an honest effort to explain the same it in simple words.Deferred tax means providing for the differences between accounting income an