Community & General Articles

Sow a thought

Posted by Rahul Jain 09 October 2012 11678 Views

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

Posted by CA Jahanvi Trivedi 05 October 2012 10400 Views

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

Posted by Aashish Ramchand 04 October 2012 18721 Views

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

Posted by CA Dhiraj Ramchandani 03 October 2012 51097 Views

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

Posted by CA.Mathew Jacob 03 October 2012 19112 Views

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

Posted by Aashish Ramchand 02 October 2012 229183 Views

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

Posted by Chirag Shah 02 October 2012 16853 Views

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)

Posted by Manoj Pala 29 September 2012 78658 Views

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

Posted by CA Dhiraj Ramchandani 29 September 2012 58066 Views

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

Audit under section 44AB

Posted by Aashish Ramchand 28 September 2012 78683 Views

I have discussed the various provisions with respect to section 44 AB below The following persons are liable to get their books of accounts audited compulsorily by a Chartered Accountant 1) A person carrying on business if the