In the context of America, the smallest start-ups to the largest government agencies, every business or organization requires the skills of a CPA. The scope of the CPA in India and abroad is rather vast. To a potential employer, ...
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The Blogs
Charity paid at the time of purchase cannot form the part of Purchase consideration: Supreme Court
Charity paid at the time of purchase cannot form the part of Purchase consideration: Supreme Court
If an amount (Dharmada, Charity) is paid at the time of the sale transaction for a purpose other than the price of the goods, ...
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Number of return filers decreased. Demonetisation – Short term failure or long term advantageous ?
Number of return filers decreased. Demonetisation - Short term failure or long term advantageous ?
Really Shocking and surprising, instead of increasing , the number of tax payers in the country decreased by 6.60Lakhs, during FY 2018-19. Whereas, as per ...
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FAQ ON GST – 3rd EDITION
GOODS AND SERVICES TAX (GST) 3rd Edition: 15th December, 2018 (Note: Changes announced in GST Council meeting held on 22nd December, 2018 are being incorporated and the updated edition will be uploaded shortly)
The compilation of Frequently ...
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Mr. FM, Please Extend the Due Date !!
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Changes in Tax Audit Report – just 2 months before the Due Date !!
Changes in Tax Audit Report appears to be an annual feature now. The painful part is, it is just 2 months before the Due Date !!
Government could have carried out well in advance as none of the provisions which ...
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No due date extension: CBDT
CIRCULAR No. 4/2018
F. No. 370889/25/2018
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
****
New Delhi, Dated 21st July, 2018
Order under section 139(1) of the Income-tax Act, 1961 (‘the Act’)
This Circular is issued in pursuant to Section 139(1) of ...
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Bogus Balance Sheet prepared to avail Bank Loan can be basis for Addition
Bogus Balance Sheet prepared to avail Bank Loan can be basis for Addition: Calcutta HC
“Bogus Balance Sheet prepared to avail Bank Loan can be basis for Addition: Calcutta HC asks to proceed against CA Firm for Inflating Value of ...
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With almost 2 months of delay, All ITR forms are now available for filing
With almost 2 months of delay, All ITR forms are now available for filing
The Income Tax Department on Saturday launched and activated all the seven ITR Forms for e-filling by taxpayers, after more than a month of them being ...
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गुड्स एंड सर्विस टैक्स (जीएसटी) – केंद्र सरकार कि बड़ी सौगात !!
गुड्स एंड सर्विस टैक्स (जीएसटी) के दायरे में आने वाले करोड़ों कारोबारियों को केंद्र सरकार जल्द ही एक बड़ी सौगात देने जा रही है। इन कारोबारियों को हर महीने 3 रिटर्न फाइल करने की बाध्यता से मुक्ति मिलने वाली ...
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IRS are front line soldiers in the battle against Black Money : President Kovind to IRS Officer
IRS
"Tax payer is your partner, not your adversary,” the Hon’ble President Kovind said, echoing the words of several Courts which have repeatedly passed strictures against the department for adopting strong arm techniques with taxpayers.
“You have a policy & regulatory ...
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Why you should purchase Tax Saving Bond u/s 54EC before 31st March 2018?
Section 54EC is one of the most preferable sections for saving tax arising from transfer of any long term capital gain. Section 54EC doesn’t discriminate. It is available to all the classes of assessee be it Individual, HUF, Company, ...
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Prosecution proceeding is common in Europe & America !! India now taking steps forward !
Prosecution proceeding in India
Prosecution proceeding is common in Europe & America !! India now taking steps forward !
Prosecution proceeding in India
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CA shots dead for delay in preparing Loan Proposal
CA murderd
CA shots dead for delay in preparing Loan Proposal
CA not prepares the loan file, Therefore client killed the CA
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Foreign Exchange Market
Foreign Exchange
About Author :
Name : Sakshi Laturiya (CA Final)
Author is CA final student, Currently associated with M/s SSRPN & Co.
Foreign Exchange Market
Foreign exchange market is a dealer market in which RBI has appointed authorized dealers to quote the bid ...
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Be The Forensic Auditor !!
Forensic Auditor
Worldwide we consider Sherlock Holmes to be the first forensic accountant; however contribution of some of historic characters in India cannot be ignore. In India, Kautilya was the first person to mention the famous “40 ways of embezzlement” ...
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Avoid investing in Bitcoins !! Be Cautious!!
Ministry of Finance
Government Cautions People Against Risks in Investing in Virtual ‘Currencies’; Says VCs are like Ponzi Schemes
The Ministry of Finance has issued the following statement today on Virtual ‘Currencies’.
“There has been a phenomenal increase in recent times in ...
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