Nilesh Shah Writes.Cell: 92246-59941E Mail: nilesh63@vsnl.comSection 249(4) provides that an appeal may not be entertained, if admitted tax remains in arrears on the date of appeal. The proviso thereto, no doubt, grants discretion to the Commissioner
What to Check before investing for Section 80C or How to Make Best Use of Section 80CMost of the Income Tax payee try to save tax by saving under Section 80C of the Income Tax Act. However, it is important to know the Section in toto so that one ca
Quantum jump in CAs passing out in 2010 The number of chartered accountants passing out from the Institute of Chartered Accountants of India (ICAI) is set to more than double by 2010 to 25,000-30,000 from
The Independent India ? Lets start to think on the Independency of India, which is earned by our National Heroes of undivided India. Before going on this I want to describe that what independence means. Independence as per Webster dictionary means Fr
Nilesh Shah Writes:Cell: 92246-59941E mail: nilesh63@vsnl.comNo time limit for giving effect to an appeal order.The statute i.e section 153 does not prescribe a time limit for giving effect to the order in appeal. An addition confirmed in first appea
Regulation 59 & 74) During the period of training, an articled / audit clerk is entitled for leave earned @ one-seventh of the actual period served, excluding from such period, the period for which he has been on leave. Following conditions may b
Saying "Thank You" Teach your child that conveying appreciation is more special when it is done by way of a thank-you note or a telephone call. The next time a relative or friend gives your child a wonderful present or takes her out and sh
A long awaited clarification regarding tds on service tax on rent payment u/s 194-I has been Issued by the CBDT. Details about the issue is given hereunderBrief about section 194-I Rent is to be deducted by all person on payment of rent except huf
The Old FishermanOur house was directly across the street from the clinic entrance of John Hopkins Hospital in Baltimore. We lived downstairs and rented the upstairs rooms to out patients at the clinic. One summer evening as I was fixing supper, ther
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