Community & General Articles
Education is the progressive discovery of our knowledge
EDUCATION IS A PROGRESSIVE DISCOVERY OF OUR OWN IGNORANCETo know is to know that you know nothing. That is the true meaning of knowledge SocratesEducation has different meaning for different people. For some it is just a path to
Guarantees
What is Guarantee Guarantee the term that provides Calm to the person in the form of Security that the thing for which it is given will be done if not done financial compensation will be paid. So the guarantee is a security for getting done the work
Attitude Determines Your Altitude
It has been said over years that "Your attitude will determine your altitude in life." Attitude is the little thing that makes a big difference. Our attitude whether in business, sport, relationships and in life, will discover the altitude
Karniti Part-31:Taxpayer should try to be "Maryada Puroshottam" i.e. live within limits of laws
Arjuna (Fictional Character): Krishna tomorrow is "Rama Navami", which is celebrated with full devotion and enthusiasm all over the country. Why this day is important fo
How does it affect you if you miss to file the income tax return
The tax payers, auditors and tax masters go extremely busy filing taxes and working on refunds in July. 31st July is the cut off for filing your returns which is set by the central board of direct taxes. Not only tax filing process has become easier
Karniti Part-30: Wish all taxpayers a Wealthy New Financial Year
On the Occasion of Gudi Padwa i.e, 31-3-2014Lets See behind and Move Ahead in the Financial YearArjuna (Fictional Character): Krishna, Today is Gudi Padwa which means beginning of New Year. Further today is the last day of financial year 2013-
Sale of software - Royalty vs Business inc
Recently, it has been held by Honble Delhi ITAT in case of Halliburton Export Inc. v. Assistant Director of Income-tax (International Taxation), Circle-1(2) [2014] 43 taxmann.com 223 (Delhi - Trib.) that where there is a case of Sale of Softwa
Thin Capitalization in India
1. INTRODUCITON A company is said to be thinly capitalized when a greater proportion of its ‘capital-structure’ is made up of ‘debt’ than of ‘equity’. The interest payments generated on ‘debt capital’ i
5 Things to do before Applying for a Home Loan
No one likes bad surprises and often investments in home feature pretty nasty disclosures that make dreams turn into nightmares. First time home loan applicants face common problems like rejection in the initial stages, non-refundable processing fees
5 Shocking Psychology Traps which could ruin your investment
Psychology plays a part in whatever decision we make, including investment in stocks. Sometime our built in psychology is helpful and many a times it is not. When psychology is not helpful we call them psychology traps. Investment in stocks is also g
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