Articles by Prerna Saraogi

ICAI Protest : Right to rechecking of CA exam answer scripts - the complete story

Posted by Prerna Saraogi 24 September 2019 40388 Views

The provisions of ICAI Act, clause 39(4) states that a student has the right to verification of marks subject to totalling and marking error. It specifically re...

Protest by CA Students against Evaluation of answer scripts by ICAI

Posted by Prerna Saraogi 23 September 2019 17327 Views

In the recent protests made by some renowned faculties of CA fraternity along with CA students, grievances have been brought forward regarding the evaluation of answer scripts.

All changes in new ITR Forms AY 2019-20 with snapshots

Posted by Prerna Saraogi 08 April 2019 78752 Views

The all new Income Tax Return Forms for AY 2019-20 have been released. The ITR forms ITR-1 and ITR-4 have also been made available for e-filing.

Economists vs CAs: Here's the complete story

Posted by Prerna Saraogi 20 March 2019 24338 Views

On 18th March 2019, 131 CAs voiced against the contention made by 108 economists through an open letter. This news got the attention of the media and hashtag #C...

Don't pay any tax if your annual income is up to Rs. 5 lacs

Posted by Prerna Saraogi 05 February 2019 15503 Views

The recent announcement in the Interim Budget on 1st February, made by the honorable Finance Minister there was an increase in the tax rebate to Rs. 500,000.

32nd GST council meet changes - Expectation Vs Reality

Posted by Prerna Saraogi 10 January 2019 9032 Views

The 32nd GST Council Meeting was held today at New Delhi. As always, there were give speculations and expectations in the industry from the FM Arun Jaitley that...

Easy calculation of long term capital gain tax on sale of shares for FY 2018-19

Posted by Prerna Saraogi 08 January 2019 23179 Views

Income from the gain on sale of shares was exempt until FY 2017-18. From the current FY 2018-19 the same has become taxable w.e.f 1st April 2018. Therefore, in ...