IFRS-3

Summary of IFRS 3 – Business Combinations

A business combination is the bringing together of separate entities or businesses into one reporting entity. The Result of nearly all business combinations is that one entity i.e. the acquirer… Read More

prepayment-home-loan

Prepayment Penalty on Home Loans in India – Abolished

In a relief that has come to Home Loan borrowers, the Prepayment Penalty on Home Loans has been scrapped and abolished by the Regulator of Home Loans in India i.e… Read More

Dematerialisation

Demat Account – Benefits and Process of Dematerialisation

The Indian capital market has witnessed phenomenal growth in the past decade and a half in terms of listed companies, number of stock exchanges, investor population and trade volumes. One… Read More

IFRS-2

Summary of IFRS 2 – Share Based Payments

The Objective of IFRS 2 is to specify the financial reporting by an entity when it undertakes a share based payment transaction. In particular, it requires the entity to reflect… Read More

Bank-Locker

How to ensure safety of your Bank Locker & Bank Locker Charges

We all know that it is always safe to keep your valued assets in a safe in the Bank Lockers but how safe are these Bank Lockers. Who can guarantee… Read More

Calculator

Use of Calculators in CA Exams: ICAI Norms

Students of CA PCC, CA IPCC & CA Final are allowed to use battery operated portable calculators in all the subjects. The calculators can be of any type with up… Read More

Mutual-fund-performance

How to compare your Mutual Fund performance with other Mutual Funds

Keeping track of the performance of your Mutual Fund and comparing Mutual fund Performance is as important as selecting a Mutual Fund. However, very few Investors do the same. It… Read More

Transfer-Pricing

Transfer Pricing: Methods of Computation of Arm’s Length Price

The Provisions of Transfer Pricing have been introduced to ensure that income arising from an International Transaction between Associated Enterprises shall be computed having regard to the Arm’s Length Price… Read More

Rishabh Gupta

Free Software’s for CA’s to set up their own practice

Following up from my last article wherein I shared various cost effective methods for CA’s to set up their own practice, I will now be sharing with you – various… Read More

CA-Exam

ICAI Announcements by Board of Studies applicable for CA Students

All Announcements made by ICAI which are applicable for CA Students for their CA Exams are notified by the Board of Studies and are put up on the Notice Board… Read More

send-money

Maximum Limit of sending money from India to US & Other Countries

With the advent of Globalisation, more and more Indians have now started settling abroad. They are not only settling abroad but have also started sending money from India to US… Read More

Duplicate-Marksheet

How to apply for Duplicate Marksheet & Pass Certificate of CA Exams

If you have misplaced your Marksheet or Pass Certificate of CA Exams awarded to you by ICAI you are requested to follow the following procedure Procedure for Issue of Duplicate… Read More

Expat-Tax-India

Grossing Up & Computation of Income Tax Liability of Expats in India

In the previous article I explained about the concept of taxation of expatriates. (Refer article – Taxation of Expats in India) Now I with explain with an example how to… Read More

XBRL-efiling

E-Filing Balance Sheets in XBRL Format with MCA

XBRL (Extensible Business Reporting Language) is another advanced reporting language of the XML family. XBRL ensures that the figures reported to government authorities and other organisation does not remain dormant… Read More