CAclubindia Articles
Who is Responsible for TDS on sale of shares by NRI's
Q.We are an Indian Company and our 5% equity is held by an NRI .Under an scheme of buyback of equity shares announced by our Company, the said NRI has offered all his equity for buyback. The said shares were acquired by him in convertible foreign ex
Frequently Asked Questions on Companies (Cost Accounting Records)
1. What is the legal authority of the Companies (Cost Accounting Records) Rules 2011? Central Government, in exercise of the powers conferred by clause (b) of sub-section (1) of section 642 read with clause (d) of section 209 of the Co
Why Do We Make Things So Difficult?
Why Do We Make Things So Difficult? Why does it happen, so often? When I think that I will start wake up early morning from tomorrow but I dont able to follow the same, while at the examination time I dont make commitments and I w
Accounting by Real Estate Developers
The total Cost can be divided under the following Cost Centers: Project Cost Centre (PCC) Specific Costs Head Office Cost Center (HOCC) Common Costs and Administration and Selling Costs
Piece of Advice
As we have 4 days to go for the ipcc/pcc resuts everyone must be worrying sick about it here are few tips as to how to overcome the fear,tension etc within you: 1) Be positive We must take baby steps to get this attitude of being positive...dont hur
Inventories defined and Rule 3 (5B) of CCR
INVENTORIES defined and read in terms of Rule 3 (5B) of CCR; Inventories are assets (current assets) which encompass a) RAW MATERIALS held for use in the production process or in rendering of services b) Stores, maintenance suppli
Late Fee and Penalty for delayed filing of ST-3 Returns
Late Fee As per provisions contained in Section 70 of the Finance Act, 1994, a person liable to pay Service tax
Minor / Minority and capacity to contract - An analysis
Under Section 11, a minor is a person who has not attained the age of 18 years. The age of the majority of a person is regulated by Section 3 of the Indian Majority Act, 1857.
Inventory write downs vis-a-vis Rule 3 (5b) of CCR
Inventories are measured at the lower of cost or net realizable value (NRV). If the NRV falls below the recognized costs pf an inventory item, the respective inventory items must be measured. Inventory write-downs should reflect the estimated loss i
GST: Impact on the Poor
GST is a destination based consumption tax. Consumption taxes are regressive in nature. It increases the gap between the rich and the poor.
Popular Articles
- Post Office Interest Rates From October 2026: Check the Latest Rates of All Schemes
- Minimum Balance in SBI Savings Account Rules 2026: How Much Balance Do You Need?
- Post Office Fixed Deposit Interest Rates: Latest Update for October 2026
- ITR Refund Time for AY 2026-27
- Tax Audit Deadline AY 2026-27: Penalty for Missing 30 September and Why an Extension Request Isn't an Extension
- Download PAN Card With Aadhaar Number in 2026: Know the Online Process
- TDS on Purchase of Property: New Reporting Rules From 1st October 2026
- Income Tax SMS Alert For Salaried and Pensioner FY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
