Community & General Articles

Education is the progressive discovery of our knowledge

Posted by Palak 15 April 2014 63788 Views

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

Attitude Determines Your Altitude

Posted by Shivanand Pandit 09 April 2014 77406 Views

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

Posted by CA Umesh Sharma 07 April 2014 10819 Views

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

Posted by Ramalingam K 04 April 2014 18785 Views

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

Posted by CA Umesh Sharma 01 April 2014 7107 Views

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

Posted by CA Ankit Gulgulia (Jain) 31 March 2014 17231 Views

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

Posted by CA Nischal Agarwal 31 March 2014 11490 Views

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

Posted by Ramalingam K 26 March 2014 19185 Views

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

Posted by Ramalingam K 25 March 2014 17399 Views

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

Professional Opportunities in Private Equity Funding Process

Posted by Rajkumar Adukia 20 March 2014 19233 Views

What is Private Equity Private equity is medium to long-term finance provided in return for an equity stake in potentially high growth unquoted companies. The investors' returns are dependent on the growth and profitability of the business. Companies