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Accounting Treatment of Forward Cover in Different scenario

  Nirmal Shah    09 October 2012 at 11:25

In global scenario, import and export transactions are commonly used by every industry and these transactions are increasing day by day. In last couple of years, rupee and dollar exchange prices movement are drastically changed and due to



Sow a thought

  Rahul Jain    09 October 2012 at 11:05

In any field Business/practice or even in personal life Our Commitment and Honesty matters a lot in our success. I had a instance few days back....Few days backwe I was travelling to Shilma with my friends.... while we boarded at Shimla my friends



Insurance - A Financial Planner? Part - II

  CA Jahanvi Trivedi    05 October 2012 at 11:20

Dear Friends, Further to our discussion on financial planner-Mr. Insurance, I have come back with some more light on this topic. In earlier discussion, we have seen how many dreams we can have in our life. Our dreams are endless and so are our wis



Valuation of leave travel concession in India

  Aashish Ramchand    04 October 2012 at 10:53

Valuation of leave travel concession in India [Sec. 10 (50)] - Leave travel assistance provided by an employer to an employee for going anywhere in India along with his family is exempt on the basis of provisions given in the table below. F



Time Management for Final Exam Preparations

  CA Dhiraj Ramchandani    03 October 2012 at 12:43

Introduction As I already mentioned in my earlier article, that I am receiving such requests of providing time schedules for preparation of different subjects for exams. In that



Venture World: An Introduction to Venture Capital

  CA.Mathew Jacob    03 October 2012 at 10:50

As we know Venture Capital is a financial capital provided to early-stage, high-potential and risk companies. In other words, its the capital that is invested in a



Gratuity and its allowable exemption limit

  Aashish Ramchand    02 October 2012 at 14:00

In this article I have discussed the various provisions regarding gratuity and its taxation - Gratuity is a retirement benefit. It is generally payable at the time of cessation of employment and on the basis of duration of service. To discuss th



Rajiv Gandhi Equity Saving Scheme and BSDA

  Chirag Shah    02 October 2012 at 13:04

Free Demat Account (BSDA) for all and income tax benefit to new investors (RGESS) One of the main objectives of SEBI is to protect investors and develop the securities market in India. In line with this objective, SEBI on August 27, 2012 issued



Reversal of Cenvat Credit if inputs/capital goods are partially or fully written off: Rule 3 (5B)

  Manoj Pala    29 September 2012 at 11:27

Sub-rule (5B) of Rule 3 of the CCR provides that if the value of any: (i) input, or (ii) capital goods before being put to use, on which CENVAT credit is taken is written off fully or partially or where any provision to write off fully or partia



Time Management for IPCC Exam Preparations

  CA Dhiraj Ramchandani    29 September 2012 at 11:27

Introduction Ok so, I have been receiving calls and messages from people, regarding time management for the studies. I have already stated the same in my previous articles, bu




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