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Articles by CA CS CIMA Prakash Somani

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Tips to Prepare for Audit

  CA CS CIMA Prakash Somani    05 September 2009 at 11:55

Tips to Prepare for Audit ( IPCC & CA Final )Prepared by : CA Prakash Somani (CA, B.Com, NCFM (CMDM), Pursuing CS)1. Don’t go by size of modules, they are easy to read2. While different peoples' learning styles will vary, it is genera



Time Managment Tips for CA Students

  CA CS CIMA Prakash Somani    05 September 2009 at 11:55

How do you manage your time?1. Always define your objectives as clearly as possible. Do you know what marks a successful man from unsuccessful ones?? Successful man knows where he has to go. He has a desired destination and he draws a plan to achieve



Complete guide to CFA ( Chartered Financial Analyst )

  CA CS CIMA Prakash Somani    21 July 2009 at 17:54

Q1. How I can become Chartered Financial Analyst ?A1. The constantly developing industrial scenario has created a demand for experts in the field of finance. The ever-changing scenario also means new ways and means for managing financial portfolios.



Complete guide to SERVICE TAX

  CA CS CIMA Prakash Somani    19 June 2009 at 20:40

SERVICE TAX Q.1 What is e filing ? A.1 E filing is a facility for the electronic filing of Service tax returns by the assesse from his office, residence or any other place of choice, through



Complete guide to Custom Duty

  CA CS CIMA Prakash Somani    19 June 2009 at 20:40

CUSTOMS Q.1 Please give me the rate of duty on a particular item A.1 We regret that we do not have the personnel at present to give specific rat



E- TDS/TCS RETURNS - FAQ

  CA CS CIMA Prakash Somani    24 April 2009 at 13:05

FREQUENTLY ASKED QUESTIONS 1. What is e-TDS Return? e-TDS return is a TDS return prepared in form No.24,26 or 27 in e



All about Service Tax

  CA CS CIMA Prakash Somani    23 April 2009 at 13:24

Q: What is Service tax?A: Service tax is an indirect tax levied under the Finance Act, 1994, as amended from time to time, on specified services. At present, there are approximately 96 categories (including 15 new services introduced by Budget 2006)



FAQs on Input Tax Credit (ITC)

  CA CS CIMA Prakash Somani    22 April 2009 at 12:39

INPUT TAX CREDIT Q.1. What is input tax credit? A.1. Input tax credit is the amount of tax paid by the dealer on purchases for which the dealer is entitled to claim a credit.



Everything about Company Secretary (CS)

  CA CS CIMA Prakash Somani    03 April 2009 at 14:17

Q1.Tell me something about the career of company secretary?A1.The use of the word secretary in the name of this specialisation is a bit misleading for one who i..



Types Of Mortgages

  CA CS CIMA Prakash Somani    01 March 2009 at 02:17

Simple Mortgage Where, without delivering possession of the mortgaged property, the mortgagor binds himself personally to pay the mortgage-money, and agrees, expressly or impliedly that in the event of his failing to pay according to his contract,