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Karniti Part-2: Pay advance income Tax & relax
Keeping conversation between Lord Krishna and Arjuna as the foundation we will learn certain basic financial and tax matter. Let us try to get answers to our questions in a bit different and joyful manner. The character of Arjuna w
Case Studies for Company Audit -1 (CA-IPCC)
At the AGM of ICI Ltd., Mr X was appointed as the statutory auditor. He, however, resigned after 3 months since he wanted to give up practice and join industry. State, how the new auditor will be appointed by ICI Ltd. Specify provisions of Sectio
Understanding deductions of section 80-IA & IB with Latest Case Laws Part II
We had earlier discuss in detail about the concepts of section 80-IA & IB along with various case laws earlier in article. Over a period of time, there are number of judgments comes from various levels of courts from different locations
Independent director under Companies Act 2013
An Independent Director (also sometimes known as a outside director or non-executive director) is a director (member) of a board of directors who does not have a material or pecuniary relationship wi
Effect of FDI on various sectors
FDI *It is an investment that a parent company makes in a foreign country. **Investment into the business of a country by a company in another country. *** Habitually the investment is into production by either buying a company in the target count
Five important Standards on Auditing for CA IPCC
SA 210: Agreeing the Terms of Audit Engagements Scope This S.A deals with the Auditors Responsibility in Agreeing with the Terms of Audit Engagement with Management and See Whether any of the Preconditions of the Management Restricts hi
The 7 Laws of Clearing CA Exams
Ever since my book The 7 Laws of Clearing CA Final is published, I have been asked this question multiple times why did you title the book as a CA Final book when the laws mentioned in the book applies perfectly to all studen
Lehman Brother Collapse: Happy Birthday
15th September,2008 The day Finance Industry will never forget. The day when Worlds fourth largest investment Bank (in 2008) filed for Chapter 11. The bankruptcy which was never imagined before was before the eyes of the world. The worst cris
The Downfall of Rupee - Cause and Effects
The INR Freefall. Freefall (noun) - A sudden drop in the value of something that cannot be stopped. Does it remind you of what the rupee has been doing in the past couple of months? Over the past few years, Indias current account deficit (C
Practical approach for Professional Course with Self study Part 2
Practical approach for Professional Course with Self study (Part-2) Introduction: In this part -2, I would like to discuss about, Some studying tips while doing professional course with self study. 1. Preparation of study time table: We need to
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