Our Income Tax law leaves the method of accounting to be desired by the assessee. The insistence is only on the consistency of the method of accounting employed over substantial number of years. Any claim of deduction towards Business expenditure is
HIGHLIGHTS OF BUDGET-2014 SERVICE TAX PROPOSALS IN UNION BUDGET 2014-15 New Services Brought under Service Tax Net w.e.f the date of assent by President a) Radio Taxi Servicesb) Renting of Space for advertisement in Online & Mobile Penal Interest
Cloud technology is the most effective technology solution for all kinds of businesses. This technology facilitated businesses with unique solutions to networking, remote access and storage. Cloud technology has developed an efficient virtual environment where experts can easily access their data from any location.
The definition of Virtual Digital Assets proposed to be inserted vide new clause 47A to the section 2 of the Act, where Virtual Digital Assets are defined to cover assets
Hello Friends and Budding Professionals,Its been a pleasure for me to help you all with the possible Knowledge Transfer from me. I am writing my first Blog here and I am happy to give you all a brief idea on Exam Preparations in the leave period.(ass
In my earlier article on utilizing time effectively by Priority Management I have briefed various methods of managing your priorities, Now I am taking one topic...
After around 1.5 years of GST implementation, there are still lots of areas which are not clear. One such area is the income earned by a youtuber. With data cos...
DO YOU KNOW - SOME FACTS ABOUT CLEARING HOUSE1. At present there are 1064 clearing houses in the country and they have been functioning as per the model Uniform Regulations and Rules for Clearing Houses (URRBCH). 2. The URRBCH is not stat
I am not writing this message, as a professor but as an observer. Further many things change from student to student, I am writing this message taking into cons...
The service tax law has resulted in a large number of disputes [ more than 1 lakhs + pending as on date] mainly due to the fact that the law is changing frequently and drafting has been seen to have many loose ends. The trigger happy attitude of so
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English