Cash deposits from Nov 09, 2016 to Dec 30, 2016 – CBDT’s Notification
With the demonetisation drive going strong across the country, CBDT today notified about the compulsory quoting of PAN for all cash deposits exceeding Rs. 50000/-... Read More
Akanksha
AS9 (Accounting Standard 9) Simplified Short notes- Revenue Recognition
AS9 for Revenue recognition is mainly concerned with timing of recognition of revenue in the profit and loss account, amount of revenue arising on a... Read More
How to seek Ombudsman help against harassment by Assessing Officer?
Income Tax Ombudsman was introduced in 2006 with an objective to provide a platform for complaints relating to public grievances against Income Tax Department and... Read More
15% service tax on buying music & e-books from foreign portals w.e.f 1st December 2016
Beginning December 1, 2016, downloading and buying music or e-books from an overseas service provider will attract 15% service tax. Central Board of Excise and... Read More
General guidelines for preparation of IDT law for CA examination
Here we talk about the general guidelines and tips for preparation of IDT (Indirect Tax) law with regards to CA examinations. Every student is different... Read More
Overcoming the withdrawal of old 500 and 1000 notes- Premium market for exchange of notes is already on
In yet another massive transformational move, PM Modi has done it again. His decision to withdraw the old 500 & 1000 notes from the market... Read More
All about EOU Scheme – Import Export Procedure and Availing Input Credit Part 3
In continuation to our detailed article on the EOU Scheme, here comes another one regarding the Import/Export Procedure under the same. Import/Export Procedure under EOU... Read More
Snapshot of Accounting Standard 16- AS16 – Borrowing Cost
Snapshot of AS16 (Accounting Standard 16) pertaining to Borrowing Cost Scope of AS16 Applied for accounting for borrowing cost Does not applies on actual or... Read More
All about EOU Scheme – Administrative Control of an EOU
Administrative Control All control of EOU/EHTP/STP/BTP units have been placed under Administrative control of Central Excise formations The administrative control over Large Tax Payer EOU... Read More
What impact will GST have on the restaurant sector?
The GST model promises to bring about a better tax structure in the country but how will it impact the various sectors – still remains... Read More
Major Changes Expected in Direct Tax Code 2025 and why these matter 
Can an assessee pay House Rent to his parents and claim relief? Would there be any legal complications? 
Boost Your Business & Reduce Taxes: A Guide to Maximizing Benefits Under Section 80JJAA 
What is remedy to taxpayer if the Tax deductor fails to deposit the TDS or fails to file TDS Return