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Bureaucracy – A Real Hurdle for Development of Country

September 22, 2014 4984 Views 0 comment Print

To, Hon’ble Chief Justice of India Supreme Court of India Subject: Bureaucracy in India – A Real Hurdle for Development of Country Respected Sir, “Minimum government, maximum governance” – is it fact or fantasy? Government has merged key ministries in an apparent attempt to bring in more synergy in governance and make decision making quicker […]

Income Tax Calculator For FY 2014-15 / AY 2015-16

July 12, 2014 158959 Views 49 comments Print

Tax Proposals of Budget-2014 for Salaried and Retired People along with Automatic Income Tax Tax Calculator in Excel format for Financial Year 2014-15 or Assessment Year 2015-16.

Solution to restricted use of email ID for 4 times only on I T E-filing Website

June 27, 2014 10675 Views 46 comments Print

Recently, on www.incometaxindiaefiling.gov.in , assessee is compulsorily required to get its email ID and password registered. Further, maximum permissible usage of each of them is 4 times only. We know that most of the assessees in India do not have email ID. So, nowadays consultants have started to create additional email IDs. This takes substantial […]

Beta Coefficient – The Proper Understanding

March 22, 2014 1148 Views 0 comment Print

Every investor wants to minimize the risk, in relation to the specified level of return. This risk is measured in the terms of beta co-efficient. Beta is the relative measure. i.e. beta of particular security or class of securities is measured in relation to the market beta. Market beta is always deemed to be 1(one).

I-T Rules related to Furnishing of TDS Certificate requires Immediate amendment

May 28, 2013 11884 Views 0 comment Print

Immediate amendment required in Income Tax Rule 31 Rule 31 of Income Tax Rules, 1962 requires that the certificate of  tax deducted at source to be furnished to the deductee within fifteen days from the due date for furnishing the statement of tax deducted at source under rule 31A. (i.e. on quarterly basis).

How to make search in your mother tongue on search engines?

January 8, 2013 8660 Views 0 comment Print

Suppose we want to download some material in our mother tongue from internet, then which is the best way? OK. I make the question more clear. Suppose, someone wants to search the term Balvarta (Its Gujarati Term, the meaning of which is story for children) and wants the resultant sites in Gujarati, then how to make such type of search?

Getting error in loading new Income Tax E-filing Website?

December 3, 2012 4761 Views 0 comment Print

New website of income tax e-filing can’t be loaded on many computers where the Windows XP is installed. The error occurs with message Invalid Certificate or with some other wordings in different browsers.

IT – Control on count of Tax Audits, No Option to download Final Acknowledgment

November 24, 2012 5631 Views 0 comment Print

Government has put the facility for CAs to upload 3CA, 3CB, 3CD etc. If Govt. makes upload of the same compulsory from AY 2013-14 by making appropriate rules under I T Rules, 1962, then we will be able to track – how many reports are filed with the department in our name?

How to View Form 26AS of Famous Personalities?

November 22, 2012 17028 Views 11 comments Print

We all know that the Govt. has launched a new website of Income Tax E-filing. Have you seen Form 26AS of well-known persons like Ambanis, Tatas, Deols etc? Earlier it was not possible for all to see this, but now on new I T E-filing website it is possible for all CAs.

Cloud Computing – Opportunities and Challenges for CA’s

July 28, 2012 5007 Views 3 comments Print

Cloud computing is a technology that uses the internet & central remote servers to maintain data & applications. It allows consumers & businesses to use applications without installation & access their personal files at any computer with internet access. This technology allows for much more efficient computing by centralizing storage, memory, processing & bandwidth. In other words, the delivery of computing and storage capacity as a service to a heterogeneous community of end-recipients. The name cloud computing was inspired by the cloud symbol that’s often used to represent the Internet in flowcharts and diagrams.

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