Self assessment under service tax has been started in the year 2001. In any self assessement taxation system, the onus is on the assessee to make true disclosure of all statutory information required to be disclosed. Non/wrong disc
Why to form Company, when there are other Business Structures (for profit) available: Sole Proprietorship (Business Structure for Profit) Part
Taxability of immovable property received for inadequate consideration: It is proposed to amend the provisions of clause (vii) of sub-section (2) of section 56 so as to provide that where any immovable property is received for a considerati
Notice under section 143(1) of Income Tax Act 1961Basic Understanding The income tax department validates each ITR wit
The Ministry of Corporate Affairs (MCA) has notified the Indian Institute of Corporate Affairs (IICA) at Manesar (Haryana), as an institute to create and maintain a data bank containing names, addresses and qualifications of persons who are eligible and willing to act as independent directors
Books of Accounts u/s 209 U/s 209, company must maintain proper books of account at its registered office: a) Receipts/payments b) Sales and Purchases c) Assets and Liabilities d) If company engaged in production, processing, manufacturing or
!! Shree Ganeshay Namah !!TIPS FOR DECIDING WHETHER TO GO FOR SELF STUDY1. First & foremost thing which you need to keep in mind is to keep out the thought that Coaching goers are better then those who do Self Study. My friend cleared in fir
Q.1 Who can claim deduction?Only Individual can claim deduction under section 80E.Q.2 What is Expenditure Qualified for deduction under section 80E?Interest paid on Loan.Loan should be taken:1. for Study after Senior Secondary or its equivalent2. fro
ITR - Income Tax ReturnAIR Annual Information Report AIR is a mandatory requirement and hence everyone must comply with it while filing their ITR. In fact, several cases where the taxpayers have received notices for scrutiny of Income Tax Returns b
CAclubindia welcomes you all. We are here with our New ICAI President CA. K. Raghu. A worthy combination of youth, dynamism, experience and excellence, CA. K Raghu has taken over as the supreme torch-bearer of Indian accountancy profession as the Pre
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English