Hi friends, since childhood I’ve heard lot of times “EXPECT THE UNEXPECTED” and always wondered how it is possible for anyone to do such. How can anyone expect something that itself cannot be expected or is almost difficult to even
In Continuation of my previous article.. Application of AS 30 under existing Indian GAAP as per ICAIs announcement: ICAI wide its circular dated 11th February 2011, has clarified that in respect of the financial statements or other financial
A. Service Tax 1. Service Tax payment for the month of September, 2014 is due for payment on 6th October, 2014 for assesses including Individual, Proprietary Firm, Partnership Firm or LLP. It is now mandatory for all assesses w.e.f. October 1, 2014,
Generally all the assessee/tax professionals are internet savvy to file income tax return online , but unknowingly they may be commit cyber crime under Information Technology Act 2000 1. Sending request to pas
In continuation of a �series of articles� focusing on important amendments backed by likely �Brainstorming Practical�, we are going to l
Satyam's case has been widely regarded as the debacle of the Indian Financial System. The case of Satyam is often referred to as "India's Enron"(Enron was a US based company which was inflicted with a similar accounting fraud). It w
To understand benefit of indirect function do as I say. Put 100 in cell A1, now in Cell D1 put formula =INDIRECT("A1") & in cell D2 put formula =A1. Result is same in both case then why to put confusing formula in cell D2? Now select
Indian Accounting StandardsOBJECTIVE The basic objective of Accounting Standards is to remove variations in the treatment of several accounting aspects and to bring about standardization in presentation. They intent to harmonize the diverse accountin
In our professional or personal lives we have a number of wants including those we wish to achieve. Wanting is a passive exercise which could be equated to wishful thinking. Motivating oneself to do that is self motivation.
INVEST IN YOUR OWN BUSINESS AND SAVE TAX ON CAPITAL GAIN!!!Capital Gain Exemption under newly introduced section 54GB of the Income Tax ActTill 2012, one of the way to claim exemption from the chargeability of Long Term Capital Gain on transfer of a
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