Articles by Prajjwal Kaushik

Reforms expected from ICAI in Examination System

Prajjwal Kaushik 12 September 2018 at 11:02

It all started when the Institute released two lists of pass students for CA Finals in Nov 2017 exams. Students were in fix whether they cleared or did not clea..

Mutual Fund Mondays: Tax Benefits

Prajjwal Kaushik 11 September 2018 at 10:53

After learning all that we have about Mutual Funds, we move our discussion forward to the most important consideration that investors have on their minds while ..

[SOLVED] Failed to Establish the connection to the server. Kindly restart the Emsigner - GST Portal

Prajjwal Kaushik 06 September 2018 at 12:04

Possible ways that will help you find a way out to the error “Failed to establish a connection to the server. Kindly restart the Emsigner. Click here to troubleshoot.”

ICAI will keep records of attestations by CAs - UDIN

Prajjwal Kaushik 09 July 2018 at 17:09

As per the latest ICAI notification, ICAI has launched new system UDIN to generate a new unique identification Number to

How to apply for E-PAN for Instant PAN with Aadhar Card?

Prajjwal Kaushik 04 July 2018 at 12:30

We will discuss everything about this new and fast PAN allotment service provided by ITD. The new e-pan will be a digitally signed electronic format of the PAN card issued by the department.

What to fill in the ITR Verification Field?

Prajjwal Kaushik 03 July 2018 at 13:09

The return filing season is on its peak and lately, a lot of taxpayers have asked me about what needs to be filled in the ITR Verification field "I further

Curious case of Auditor Resignation

Prajjwal Kaushik 14 June 2018 at 10:53

Analyzing sudden resignations of AuditorsIn the past few weeks, you must have read the news of various auditors resigning from their assignments, that too near ..

Taxability of Interest Free Loan from Employer: ITAT

Prajjwal Kaushik 13 June 2018 at 13:33

In a recent decision made by Income Tax Appellate Tribunal, Mumbai in case of Neha Saraf vs. ACIT Range 13(3) [ITA No. 2172/M/2016] it has been decided that wh..

Section 87A: Income Tax Rebate of Rs. 2500

Prajjwal Kaushik 04 June 2018 at 12:42

As per the Section 87A of the Income Tax Act, 1961:�An assessee, being an individual resident in India, whose total income does not exceed [three hundred

Section 80TTA and 80TTB : Deduction on Interest Income

Prajjwal Kaushik 23 May 2018 at 17:14

As per the existing provisions of the section 80TTA, there is a deduction up to Rs. 10,000 allowed to an assessee in respect to Interest Income from savings acc..