Articles by Dintakurthi Tirumala

Section 80G of Income tax act,1961

Dintakurthi Tirumala 11 April 2014 at 11:15

SECTION 80G DEDUCTION ELIGIBLE COMPUTATION According to this section if the donation made to APPROVED FUNDS/CHARITABLE INSTITUTIONS deduction shall be eligible. For the purpose of this section to get deduction/exemption eligibility, donations are c

Posted in Income Tax | 7 comments | 158916 Views

Fundamentals of Accounting

Dintakurthi Tirumala 11 November 2013 at 12:59

There are three types of accounts basically in the accounting, all the accounting entries shall be based on this accounts, these account types decides the nature of account and based on such nature of account treatment shall b

Posted in Accounts | 100 comments | 42141 Views

Service Vs Business

Dintakurthi Tirumala 13 March 2012 at 12:17

This is my first Article in this i would like to share some thing about Service Vs Business. To differentiate between Service and Business is very important because 1) services are liable for Service tax whereas business is liable for Sale tax, Vat,

Posted in Audit | 11 comments | 99510 Views