Popular Articles

How to Calculate House Rent Allowance under the Income Tax Act?

Posted by Ritik Chopra 07 June 2021 13503 Views

Sometimes the employer does not provide rent-free accommodation but instead helps the employee in paying rent by providing an allowance. The amount of cash paid is known as House Rent Allowance.

Corporate Restructure

Posted by CS Bijoy 24 May 2011 13503 Views

CORPORATE RESTRUCTURING Introduction: Restructuring means to give a new structure to rebuild or rearrange the business for increased efficiency and profitability which is the main purpose of the entire business establishment. The meaning of

Master your ability to Focus

Posted by Shivanand Pandit 18 June 2014 13501 Views

Focus is our skill to pay attention to a focal point of interest. The ability to focus is considered as one of the most important aptitudes or attributes connected to success in life. It is necessary in school, in work and in everyday tasks and erran

Provisions of charge given under Co. Act, 2013

Posted by CS Divesh Goyal 27 June 2015 13499 Views

Definition of Charge: ― As per Section-2 (16) Charge means- An interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage; PROVISIONS OF CHARGE GIVEN UNDER CHAPTER VI OF COMP

80D- Key deduction for good financial planning

Posted by CS LLB Pulkit Gupta 27 January 2011 13498 Views

80D- Key deduction for good financial planning (For Beginners like me) (A) 80C+80CCD+80CCE V/s 80D * When it comes to financial planning the first thing that strikes in our mind is 80C deductions like PPF, NSC , Tax

Income Tax Return

Posted by K Karma 24 June 2010 13491 Views

Most of the individuals who earn enough money are generally required to give part of it back to the government, through the usual way of filling out an income tax return. They then send the necessary portion of their income to the government. But it

Reversal of ITC under GST

Posted by Neethi V. Kannanth 25 July 2022 13484 Views

Reversal of ITC means reversal of ITC utilized earlier. By doing this, there will be an increase in the output tax liability and interest may also be required to be paid depending on when the ITC is reversed.

Haryana VAT - State VAT v. Builders v. Flat Owners - A Triangular Tussle

Posted by CA Ankit Gulgulia (Jain) 09 April 2014 13483 Views

If you have an open property interest or if you have purchased a property in Haryana or if you a builder / Developer in Haryana, then you might have been aware about few frivolous issues viz, demand notice that the builders are raising on the buyers

VAT on BOT contracts - A view point

Posted by Amit Bajaj 05 September 2011 13483 Views

The concept of Public-Private partnership in infrastructural development has given rise to the concepts of BOT contracts. BOT contract means Build-Operatre-Transfer, i.e the contractor is given a contract to build some infrastructure out of his