Popular Articles

Need to Know About Chartered Accountants Career in India

Ca Pardeep Makkar 31 March 2012 at 14:52

Chartered Accountancy is a profession that is as desirable as the Engineering and Medical ones. The corporate sector of the industry is always in a need of chartered accountants and with the booming economy, this need is only going to increase. Whe

CA Final and PCC Company Audit Part-I

Ankur Garg 10 September 2009 at 13:54

Dear Members and Students, The Article mentioned below contained brief provisions about Company Audit. If you need the file containing detailed provisions let me know your E-mail ID through Personal Message (PM). This file is very useful for quick re

Clarification on Reverse Charge Mechanism of Service Tax

CA Prashant Gupta 10 September 2012 at 14:12

Hello everyone, Thank you very much for a great responce on my article reverse charge mechnism of service tax. I have received lots of mails for seeking clarification. I am trying to solve some major issues in reverse mechanism. Since the introduc

Pay as you earn scheme of advance tax

CA Kumar Kedia 08 July 2015 at 10:32

In today's Scenario, the collection of advance tax by Government of India amounts to a big share in the revenue of Indian Economy. Advance tax is paid in the year in which income is received. There

Basic- Principles- Service Tax

Madhukar N Hiregange 20 April 2009 at 13:40

Basic Principles- Service TaxMadhukar N Hiregange FCA, DISA (ICAI)& Roopa Nayak ACAThe net of service tax was stated with 3 services in the year 1994 has become wide enough to cover 104 services today. Law being young and having wide applicabili

Interest on Housing Loan - Doubly Beneficial

Dilip K Raina 06 December 2012 at 11:04

Purchasing a residential property these days is really a dream come true. Few years back government started giving incentive under section 24 of the income tax act by allowing interest on housing loan to be deducted from the total income of the re

Direct Tax Proposals - Major Amendments in Budget 2014-2015

JITENDRA 12 July 2014 at 11:08

A. MAJOR AMENDMENTS Rates of Income-tax: Personal Income-tax exemption limit raised by Rs.50,000/- that is, from Rs.2 lakh to Rs.2.5 lakh in the case of inpidual taxpayers, below the age of 60 years. Exemption limit: raised from Rs.2.5 lakh to Rs.3 l

Suggestions to ICAI in respect of CA Exams

pratik shukla 05 November 2019 at 11:04

Suggestions in respect of CA Exams

How to file a revised TDS return on TRACES Portal?

Ritika Agarwal 20 July 2020 at 12:55

TDS Return might have to be revised due to reasons like incorrect challan details or PAN not provided or incorrect PAN provided, short deduction or short payment.

5 Mistakes to avoid while filing your IT Returns!

Prof. Bajaj 13 July 2012 at 11:43

And now its that month of the year, when the running around starts for IT returns filing. With the advent of technology, and the initiatives taken by Income-Tax department, hopefully we will not see long queues in the Income Tax Office, for ITR fi