Notes on CA Final AMA

CHAPTER 1: DEVELOPMENTS IN BUSINESS ENVIRONMENTAccounting is the language of business that communicates the financialresults of an enterprise to various stakeholders viz., investors, regulatingagencies, the management itself etc. by means of various financialstatements. Accounting is the process of identifying, measuring, recording,classifying, summarising, analyzing, interpreting and communicating thefinancial transactions and events. Accounting is classified into FinancialAccounting, … Read more

CA Final SFM Theroy N.otes for May 2016 Exams

Index1 Indian Capital Market 33 1-172 Derivatives 21 18-293 Portfolio Management 11 30-354 Dividend Decisions 12 36-425 Foreign Exchange & Risk Management 7 43-466 Project Planning 5 47-497 Capital Budgeting 16 50-558 Leasing Decisions 7 56-579 Financial Services 19 58-6410 Bond Valuation 3 6511 Mutual Funds 6 66-6812 Money Market Operations 14 69-7313 Mergers, Acquisitions … Read more

Central Excise Notification & Circulars for May 2016 Exam

Significant Notifications and Circulars of central excise issued between 1st May, 2015 and 31st October, 2015 Central Excise  1. No refund of CENVAT credit under rule 5B to service providers providing manpower supply/ security services Rule 5B of the CENVAT Credit Rules, 2004 provides that service providers, rendering notified reverse charge services, being unable to … Read more

CA Final Amendments by Finance Act 2015 applicable for May 2016

DIRECT TAXESAMENDMENT OF FINANCE ACT, 2015APPLICABLE FOR MAY 2016 INTRODUCTIONThe Finance Bill, 2015 proposes to make amendments in direct tax provisions by proposing amendments to the Income-tax Act, 1961, Wealth-tax Act, 1957, Finance Act, 1994 and Finance (No.2) Act, 2004.  A gist of the main amendments is given below:-Direct Taxes2.         Rates … Read more

CA Final Case Laws Ebook

S.No Case Explanation 1 ITO vs. Ch. Atchaiah (Supreme Court) Income of AOP has to be taxed in the hands of AOP only and the members of AOP cannot be taxed individually. 2 Dr. T.A. Qureshi vs. CIT [2006] 157 Taxman 514 SC Illegal income Ex:- Selling drugs etc. 3 Kesoram Industries & Cotton Mills … Read more