1. As per the provisions of section 44AB of the Income Tax Act, 1961, every person carrying a business whose turnover exceeds Rs. 1 Crore or carrying a profession whose receipts exceeds Rs. 25 Lacs in the finan
Working Capital Management When we hear about �Working Capital� the first question that comes into our mind is what is �Working Capital� and How to manage it? So friends lets understand all the concepts related to Working
Many a times I receive queries on a common problem faced by many dealers all over India that what to do when the interstate purchaser of goods refuses or doesnot issue the requisite C forms after purchasing the goods at concessional rate of CST @ 2%
In recent times there has been a lot of debates and opposition with respect to the Indian govt. policies for bringing FDI in Multi-Brand Retail. Everyone of us knows that single brand retail FDI had already been permitted by the
During CPE hours learning; members are supposed to have contents of the topics likely to be covered beforehand rather than to supply it on spot and/or after the lecture. Since the accounting profession is expanding like galaxies in the universe;
Service Tax on AC Bar Restaurants & Hotels is Unconstitutional Kerala HC The Honble Kerala High Court has held that the levy of Service Tax on AC Bar Restaurants and Hotels providing short term accommodation as Unconstitutional a
Special provision for computing profits and gains of business on presumptive basis For Assessment Year 2013-14. Section 44AD (1) of the Income tax act 1961 read as under (1) Notwithstanding anything to the contrary contained in sectio
Hello everyone we all face the common situation as to how to plan for the salary every year and how to reduce tax on it and increase our home take salary. Well the people from the Acco
Registration of CA Go to incometaxindiaefiling.gov.in and click on REGISTER YOURSELF and select the option Tax professional Chartered Accountant. The Registration Form will require your Membership Number, enrolmen
Framework of Accounting Standard: At the outset, with the changing scenario, there has arisen a great complexity in understanding the applicability of accounting standards apart from understanding the text of accounting standards. Thus, it has b
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