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Notice from Income Tax Department
One of the biggest worries of income tax payers is getting notice from Income Tax Department. The Department issues notices under various provisions of Income Tax Act. The purpose of the same is to ensure greater tax
AS - 30,31,32 The Terror Begins
Hedging the Risk: AS 30, 31, 32 instrumentsI have tried to summarize the topic a lot and then reached to this Short cum Lengthy Article :D. I hope it will help.This AS came into effect in respect of accounting period commencing on or after 1-04-2009
CSR spending under Comapnies Act,2013
Corporate Social Responsibility (CSR) means that beyond making profits, a business has social obligations considering the interest of customers, employees, communities, and ecological considerations (i.e. stakeholders) for common good. Thus, CSR is n
Ten lessons to learn from the Facebook-Whatsapp deal (life)
There are two types of people One that create hullabaloo and exaggerate their achievements and others are those who remain behind the scenes and yet conquer the world celebrities, small time actors and publicity crav
Provision of Companies Act, 2013 relating to Auditor
Provision Of Companies Act 2013 relating to Auditor. INTRODUCTION There is a huge tremendous Change in new Provisions under the Companies Act, 2013 with respect to Auditors as compared to the old Companies Act, 1956. The new Act in
Karniti Part 26:1st Step of March end, Prepare Comp. Balance
(March Ending Special Part 1)Take first feet, Prepare Comparative Balance Sheet Arjuna (fictional character): O Krishna, current Financial year is on verge of ending in the month of March. Government departments due to ma
Formulae in Commerce Subjects
A Formula is a simple way of expressing information. These are usually used in Science and Mathematics apart from commerce areas. Further, more often these are expressed in the form of equat
AS-26- Intangible Assets, Its Accounting Treatment And Disc
Hello everyone, thanks for the appreciation for the first part of AS 26, now we will start the second part of our AS 26, before starting the second part attaching first of the articlehttp://www.caclubindia.com/articles/recognition-of-intangible-asset
Refund of unutilized Cenvat Credit - Partial Reverse Charge
Dear Professional Colleague,Refund of unutilized Cenvat credit to Service Providers providing services under Partial Reverse Charge BackgroundPartial reverse charge mechanism has been introduced w.e.f. July 1, 2012 wherein both service provider and s
Six Easy Step To Reduce Your Tax Liabilities
As 31st March is coming closer, everyone is busy in tax planning. There are many illegal way to avoid tax but why to opt for that when you have many other legal way to reduce your tax liabilities.Here are the Six most easy way to counter attack with
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