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Articles by Himanshu Kalra

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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




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