Business Loss set off under Sec.72: widened scope The judiciary does play a vital role in the economy by discerning the real intentions of the law. In this regard, the recent rulings with respect to carry forward and set off of losses in the tax law
The financial market took a huge turnaround after the debacle of 2008 where demand and supply inequality were the main players. Industrial revolution took a halt across the world and financial market reflected more fearful days. Globa
CA, these two letters are pioneer and is mark of Trust, Integrity and Independence. In the growth of a Country CAs play an important role. CAs are the managers of financial recourse of a country. Many CAs are working in service industry and
Most of us tend to think that planning on investment portfolios for attainment of goals is a one time job. However it is not true; we all need to review our investment portfolios on a regular basis and also take the help of professional financial
For preparing the ready reckoner, compliances have been divided into two categories i.e. Periodical compliances and Event based compliances. [A] Periodical Compliances The periodical compliances are further divided into quarterl
Revised procedure for the Appointment of Cost Auditor by Companies In continuation of the General Circular No. 15/2011 dated 11th April 2011, Ministry of Corporate Affairs has issued a circular on 06th November, 2012 and further revised the proced
Introduction On the horizon of business matrix, a new star is now sighted. Ease in operations of partnerships and armor of limited liability have been provided under a new format of business entity i.e. l
Usually financial year of a company consists of 12 months. However, in some cases it may not be so. In case of newly incorporated company, financial statements have to b
As such, following class of companies are required to file their Balance Sheet and Profit and Loss Account in XBRL Format:- Listed Companies and their subsidiaries; Companies having paid up capital of Rs. 5 Crores and above;
We have all learned in mathematics that the complexity of an equation increases exponentially as the number of variably increases. In the same way, when performing a task, the complexity of the job increases exponentially as the number
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