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Articles by vidyasagar

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FAQ's on VAT

  vidyasagar    23 November 2010 at 12:38

Q. What is Value Added Tax (VAT)? A. VAT is a multi-point tax on value addition which is collected at different stages of sale with a provision for set-off for tax paid at the previous stage/tax paid on inputs. Q. What is meant by 'Sale

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Posted in VAT  13 comments |   34245 Views


What Constitutes Salary Income?

  vidyasagar    18 March 2010 at 12:02

Income from Salary WHAT CONSTITUTES SALARY INCOME?"Salary" is the remuneration received by or accruing periodically to an individual for service renderedas a result of expressed or implied contract.Compensation or remuneration even in the f

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Posted in Income Tax  13 comments |   45486 Views


FAQ on Mutual Funds

  vidyasagar    13 October 2009 at 14:25

IntroductionDifferent investment avenues are available to investors. Mutual funds also offer good investment opportunities to the investors. Like all investments, they also carry certain risks. The investors should compare the risks and expected yiel

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Posted in Shares & Stock  8 comments |   28746 Views


Dos and Dont's for ITR-V

  vidyasagar    01 September 2009 at 16:57

Dos and Dont's for printing and submitting of ITR-Vs to ITD-CPC Bangalore Please use Ink Jet /Laser printer to print the ITR-V Form. The ITR-V Form should be printed only in black ink. Do not use any other ink option to print ITR V. Use of D

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Posted in Income Tax  5 comments |   19293 Views


Making Limited Liability Partnerships a reality in India

  vidyasagar    11 August 2009 at 13:04

Making Limited Liability Partnerships a reality in India The Limited Liability Partnership Bill was passed by the Parliament in December, 2008 and received assent of the President in January, 2009. The Limited Liability Partnership Act, 2008 was not

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Posted in Corporate Law  8 comments |   8163 Views