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Forex loss in Tax Laws : Evil Lurks

Posted by CA S.SAIRAM 13 September 2010 18826 Views

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



Service Tax Proposals & Changes in Union Budget 2014

Posted by Guest 14 July 2014 18821 Views

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



12 Benefits of Tally On Cloud For Small Business

Posted by vishal dharmadhikari 27 May 2022 18818 Views

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.



Income tax on virtual digital assets Under Section 115BBH

Posted by Susmita Dutta, CA , CPA 05 May 2022 18817 Views

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



EXAM TIPS - PREPARATION IN LAST FOUR MONTHS BEFORE EXAMS

Posted by CA CS CMA Srinivasan N 29 May 2009 18814 Views

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



How to maintain a to do list

Posted by CA Manish 28 August 2019 18812 Views

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...



GST implication of income earned through Google from Youtube

Posted by CA Nikita Motwani 20 December 2018 18808 Views

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...



FACTS ABOUT CLEARING HOUSE

Posted by Devkee Nandan jhamb 14 October 2007 18796 Views

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



What should one expect when doing self-study

Posted by CA Ravi Taori 14 February 2019 18791 Views

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...



Best Practices - Reply to SCN

Posted by Madhukar N Hiregange 13 June 2013 18788 Views

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




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