Income Tax : Article explains What is Switching, Benefits of Switching, Tax effect of Switching If the units are held as stock-in-trade and Tax...
Income Tax : Agricultural income is exempt from Income Tax under section 10(1) of the Income Tax Act, 1961. However, its included, for rate pur...
Income Tax : Form 26AS is, in essence, an acknowledgement of sorts when it comes to Tax Deducted at Source (TDS). Which is to say that Form 26A...
Fema / RBI : Terrorism and ugly politics, funded by black money, are a cancer for India and PM Narendra Modi is the only Doctor who can cure it...
Income Tax : Let’s dream, let’s take a breather, let’s talk about Taxation in Dubai Dubai, one of the Seven Emirates that together form U...
CA, CS, CMA : All those who are gearing up for ISA Assessment Test (DISA), registrations for the Assessment Test to be held in June 2015 have st...
The concept of Bait Money! Bait Money is a security feature used by various Banks/Bank branches. As its name suggests, this money kept with the Banks/Bank branches helps in tracking the culprits in case of any theft provided it has been taken by the thieves. Bait Money is basically a small pile of currency notes, […]
People, in common parlance, may perceive the word Investment differently. To some it may mean having Insurance policies, to some it may mean investing in Equity and Mutual Funds, to some it may mean having fixed income instruments etc. in their portfolio. However, the word Investment is very broad in its meaning and implication. Taking […]
I will start with our Motto, With regard to the Institute and its members in toto. That person who is awake in those that sleep, Works day and night to take a giant leap. A giant leap for a student is to win the CA Final game, For the one who has become, it is […]
Dear Professional colleagues, Concurrent Audit of Banks are fast gaining significance in the wake of increase in Non-Performing Assets (NPA) and other irregularities which have surfaced in the recent past. Concurrent Audit is primarily a risk mitigation method wherein various Banking functions are Audited in detail in order to unearth any potential or an on-going […]
Dear all, quite some number of us have known, been through and have faced the brunt of managing between our Articleship and the respective Classes during our time in CA Finals. Maybe some of us are still facing the brunt of the same in some way or the other….
Solution to problems faced by Salaried Assessees with respect to Income Tax Returns
