Greetings of the day to all CA students Hey Friends, I still remember the day when our CA Final result was declared. I went to cyber cafe and entered my roll number nervously. The computer performed his duty to show my result. I saw the fi
I. CONSTITUTIONAL BACKGROUND Article 265 of the Constitution of India read as: "No tax shall be levied or collected except by authority of law" This implies that the Government (whether central or State) can levy tax o
I. TYPES OF TAXES. Taxes can broadly be classified into two categories: (a) Direct Taxes: Direct Tax means a tax on property in respect of ownership, possession, or enjoyment of property. Direct taxes are those, which the taxpayer p
Never panic! Study Regularly! Proper studying strategy and its execution! Following these things may help you:- 1. Just count the days you have to be invested in studies, rather counting the number of days you have wasted. Follow "
Greetings of the day to all the Member's of CCI Family. Introduction - Friend's very often its seen that if a CA student gets failed, every person keep on hitting him by saying wrong words or
Assets belonging to others but includible in the net wealth of the individual :- Sometimes people transfer their wealth to the relatives for escaping from wealth tax. Gift made by book entries are also taxable as wealth until the wealth tax officer
Hii...every one.. 1st of all Thank you very much for liking my last 2 articles... I hope it helped to those who were really in need this.. I know my articles are quite unique but not unrealistic... One should keep one thing in mind that "IPCC i
Human life cycle is like Financial year... When YOU were born....(Its the opening of Financial year 1.4.XXXX) Your everyday is like....(Journal entry) When you meet with someone is a (Transaction) When
Greetings of the day to all the members of CCI Family. Introduction - Being a CA Student, i always keep on thinking How to make out money, How to double 1 into 2 and likewise. I am not the onlyone facing such situation, but eachone of you mu
RTI ACT RTI Act was made in 2005 and it became effective from october12, 2005. Article 19 also gives the right to information with regard to freedom of speech and expression. Features of the act The RTI act is expended to all states except
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