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Articles by CA Pallav Singhania

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What the New KYC Norms Mean for Your Mutual Fund Investment

  CA Pallav Singhania    02 January 2016 at 11:48

Hello Everyone,After a long time I'm back to CCI.All mutual fund investors, whether new or existing, will have to provide additional Know Your Customer (KYC) details to their fund houses.Here is a 10-point cheat-sheet:1) In September this year, t



Mandatory Pan Under The Income-tax Act

  CA Pallav Singhania    03 January 2014 at 12:49

A Permanent Account Number (PAN) is one of the most important documents in the country today. It is an identification number which the Income Tax Department gives to all taxpayers. You need to quote the PAN for all financial transactions like opening



Accounting Standard Simplified Part-1

  CA Pallav Singhania    02 January 2014 at 13:05

AS-1 Disclosure of Accounting Policies Significant Accounting Policies followed in preparation of accounts be disclosed at one place along with the financial statements. Any change and financial impact of such change should be disclosed. If



Short and Simple Wealth Tax

  CA Pallav Singhania    26 December 2013 at 12:48

CHARGEABILITY (SECTION 3) Wealth tax is charged for every assessment year in respect of net wealth of the corresponding valuation date of every individual, HUF and company, at the rate of 1% on the amount by which the net wealth exceeds Rs. 30,00,0



Presumptive Taxation U/S 44AD Simplified

  CA Pallav Singhania    31 October 2013 at 12:45

Businesses have been grown over the period of time due to general growth of the economy and varied other reasons. But at the same time various numbers of business and service providers, irrespective of their area of operations, earning substantial i



Income from Salary Simplified

  CA Pallav Singhania    21 October 2013 at 16:54

BASIS OF CHARGE: [Section 15] As per Section 15, salary consists of the following: any salary due from an employer or a former employer to an assessee in the previous year, whether actually paid or not; any salary paid or allowed to him in the



Capital Gain Tax Simplified

  CA Pallav Singhania    16 October 2013 at 13:06

Chargeability u/s 45 Profits or gains arising from the transfer of a capital asset is chargeable to tax in the year in which transfer take place under the head "Capital Gains". Definitions Transfer: Sec. 2(47): Transfer in relation to



What makes you a Chartered Accountant!!

  CA Pallav Singhania    01 August 2013 at 12:50

Hello everyone after a long time I'm writing an article, I hope you that this will encourage and motivate you as my earlier ones did. This article is all about what makes a person to become a Chartered Accountant. The word Chartere



Other Courses with Chartered Accountancy

  CA Pallav Singhania    07 March 2012 at 11:27

Hello Everyone very Good Morning to all my friends and respected Seniors.There always a question in our mind what to do while doing CA.In the case of an articled clerk who is already a graduate, one additional course of study out of t



Why not you?

  CA Pallav Singhania    05 March 2012 at 11:52

Hello everyone, May this article will help you to put your greatest strength which you already have but you never been put it. Have a nice reading.. On a dreamy Sunday I had a chat with Mr. Success. I asked why it never came to me. I a