How much gold can you legally keep at home? Know CBDT Instruction 1916 safe limits for gold holdings, rules during income-tax raids, disclosure in ITR, and penalties on unexplained gold under Sections 69/69A.
Meaning of "Sweat Equity Shares" (Section 2(88)): Sweat Equity shares means such equity shares as are issued by a company to its directors or employees..
The accurate and complete filling up of the relevant column or detail in the Income Tax Return (ITR) form is most crucial for correct calculation of income.
It is believed that an investor is his own biggest enemy while investing. Our brains have evolved in such a way that it makes investing in a rational manner very difficult indeed. Rather than buying low and selling high, we mostly end up doing the
In supersession of all earlier Guidelines including the last Guidelines of the issued vide F.No.285/08/2014TT (lnv.V)/147 dated 14th June, 2019, the CBDT Issued revised guidelines vide F.No. 285/08/2014-IT(lnv.V)/196 dated 16th September, 2022 which were made applicable with immediate effect.
Just a few days back, while chatting on google talk, I was sharing my experience of student life or rather hostel life with an old friend. I was recollecting those days when I used to stay in a hostel at Indore and apart from studying, spent a lot o
My Greetings to all the readers out there.I am thankful to you all for lavishly appreciating my writing previously (Life Beyond Chartered Accountancy). It was t...
Risk is the potential for the occurrence of a loss (potential negative effect on an asset that may derive from given processes in progress or given future events.), but importantly risk attaches to i.e. risk cannot be separated from gr
Pursuant to a general extension granted by respective ROCs, the time gap between 2 AGMs can exceed 15 months but cannot exceed 18 months.
The Union Budget for the year 2016-17 will be presented by the Hon. Finance Minister on 29th Feb,2016. Every year the nation have habit of looking a comfort level in the Union Budget and this is true for all type of so called classes, Upper, Low
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English