Popular Articles

Deduction under 80 CCF discontinued

Tapas Ruparelia 23 March 2012 at 15:06

‎80 CCF DISCONTINUED:- Investments made in infrastructure will no longer be allowed as deduction from the Total income u/s 80CCF i.e. over and the above the deduction u/s 80C, the additional deduction of Rs. 20000 is discontinued from next fisc

Preparing for IPCC - Self study

CA Dhiraj Ramchandani 28 December 2010 at 19:11

PREPARING FOR MAY/NOVEMBER 2011 IPCC (Especially for Self Preparing Students for May/Nov 2011 Examinations) | DHIRAJ A. RAMCHANDANI | INTRODUCTION Let me make this very clear, Im not from IPCC stream. It's just that,

Tax Treatment to Doctors - Its all about Doctors

CA. Chikkerur C R 21 July 2011 at 13:51

Both Self Drugging & Self Tax Planning are not advisable Doctor is one of noble professional in the society & helps the society to be a healthy. But this professional will not be spared & will be taxed for the income generated

Sale/Purchase--Intra State Vs Inter-State

CA Chandra Kishore Bajpai 14 December 2013 at 15:34

Under the Central Sales Tax Act,1956 (in short CST), registered dealers are eligible for certain concession or exemption of tax on inter-State transactions if dealer is able to comply with certain conditions. Submission of statutory forms is one of s

HOW TO PREPARE FOR CS (Company Secretary)

CA CS CIMA Prakash Somani 16 June 2010 at 10:29

HOW TO PREPARE FOR CS (Company Secretary) 1) First and most important thing is MODULEs play a vital role in clearing you the exams or for getting rank, see the exam paper you will get Objective Q’s, Fill in the blanks, Yes/No type questions

Managerial Remuneration (In a Simple way)

M. N. JHA 05 July 2010 at 14:16

Managerial Remuneration As per Company Act 1956, Managerial Remuneration should be include all the payment and benefit whichever incurred by a company on behalf of its management. Managerial remuneration may

Section 35 of Income Tax Act - A Student's Guide

Tony John 07 January 2016 at 10:33

With roughly 4 months left for May 2016 exams, it is high time the students taking up the exams start their preparations. Direct taxes is arguably the most voluminous of all papers. And In Direct Taxes, Profits and Gains from Business and Professions

Issue of Shares at less than FMV- Section 56(2)(vii)

MOHIT JAIN 21 March 2014 at 12:14

Analysis of Mumbai Tribunal Judgement in Sudhir Menon HUF (ITA No. 4887/Mum/2013)- AY 2010-11- Section 56(2)(vii) Facts:- Assessee was shareholder in a company and was allotted right shares (1,94,000) at face value of Rs. 100 each on 28.01.2010 The

Tax Audit - A Glance (Part -III), Exhaustive reporting on 3CD

Karan Teli 17 September 2011 at 22:34

Greetings of the day to every one!!! I deeply apologise for the delay in writing my article but as you all know that as the Tax audit season going on, I am also engrossed in it and somehow tried to write this article with great efforts

Audit of Society - Registered under Societies Act, 1860

SANYAM ARORA 16 July 2012 at 11:03

Greetings of the Day to All the Members of CCI Family. Friends my last Article was on Audit of EIS - Audit of Educational Institutes (EI's) Friends Last Weak I got allotted for an Audit of