There are certain cases in which the assessee fails to opt for the provisions of presumptive taxation because they are not eligible, due to an increase in turnover or receipt of any commission.
Petrol and diesel are mainly used in vehicles. Therefore, that is the area to be looked into very carefully.
By CA Srikantha Rao TThe Foreign Trade Policy 2015-2020 effective from 1st of April 2015 provides quite a few incentives to exporters of goods and services in India considering the �Make In India� initiative of the Central Government. Two
In this article, I am going to elaborate some facts of life which are based on my own experiences and some Hindu Scriptures. (Not a new thing, every person has to some or the oth
This cycle's Financial reporting paper was quite lengthy. Nonetheless, the paper was not made to be a tricky one. In fact, except for the one question, the whole paper was fairly easy.
By CA Srikantha Rao T (B.Com, FCA) Refund of cenvat credits has been an issue which has been plaguing the service sector for the last few years with quite a few amendments being brought about in the procedure for refund ostensibly to ease the refund
Discussing the difference between the terms 'business', 'profession', 'vocation' and 'occupation' in the context of the Income Tax Act, 1961.
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
First of all a big congratulations to all the students who passed CA final exam. But who didnt clear this time please dont loose hope. And be positive. I know that its not that easy to overcome from this situation but always r
Though I was thinking that my writing for CA and CS students has become more and more and I should not write for students for some time, I can not control myself as I believe that only education, younger generation, research, standards in education
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English