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Handsome young or ugly little chartered accountant..... wats your choice???
Posted Date : 25-Jun-2011 , 03:11:52 am | Posted By

Once upon a time there was a beautiful oil company. All day long she loved to run up and down the share price list, laughing and skipping. But one day she was very sad, because she couldn’t find an interim dividend anywhere and she knew people would be very angry if she c...

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Category : ICAI | Comments : 0 | Hits : 1479

Amazing Facts.........
Posted Date : 24-Jun-2011 , 12:38:05 pm | Posted By Anuradha

1)   In every three days a human stomach gets a new lining. 2)   In 1873, Colgate made a toothpaste that was available in a jar. 3)   The Great Pyramids used to be as white as snow because they were encased in a bright lim...

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Category : General | Comments : 0 | Hits : 669

Revision during exam days
Posted Date : 24-Jun-2011 , 07:29:20 am | Posted By

Revision of subjects   Revision is an important aspect of study. If this is done in a proper way, then it reduces the stress of exam day. Because there are just some hours left to revise for the whole study material. But if you are unable to grasp the whole...

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Category : General | Comments : 0 | Hits : 762

Learn from Walking Legs:
Posted Date : 24-Jun-2011 , 01:33:22 am | Posted By

D Foot that is ahead has no pride & d Foot dat is behind has no shame. Bcoz each knows d situation wil change... ...

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Category : General | Comments : 0 | Hits : 451

Exemption u/s 139(1) to Specified Person from the requirement of furnishing a return of income for Assessment year 2011-12
Posted Date : 23-Jun-2011 , 06:29:34 am | Posted By PUSHKAR SINGH RAWAT

Exemption u/s 139(1) to Specified Person from the requirement of furnishing a return of income for Assessment year 2011-12 NOTIFICATION NO. 36/2011 [F. NO. 142/09/2011 (TPL)] DATED 23-6-2011  In exercise of the powers conferred by sub-section (1C) of section 139 of the Income-tax...

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Category : Income Tax | Comments : 2 | Hits : 1872

Procedure & Documents for Registration under VAT
Posted Date : 22-Jun-2011 , 10:15:40 am | Posted By Anjali Arora

Who Should Register?   You are required to register under DVAT if: Your turnover in the year preceding the commencement of the DVAT Act exceededRs. 5 lakhs; ...

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Category : VAT | Comments : 0 | Hits : 1420

Truth of the Failure
Posted Date : 22-Jun-2011 , 04:10:27 am | Posted By CA. Sachin Data

Failure doesn’t mean you are a failure…… it does mean you haven’t succeeded yet. Failure doesn’t mean you have accomplished nothing….. it does mean you have learned something. Failure doesn’t mean you have been a fool…… it doe...

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Category : General | Comments : 2 | Hits : 556

STUPID Questions SMART Answers.........!!!
Posted Date : 21-Jun-2011 , 12:48:48 pm | Posted By CA. Sachin Data

BOY : May I hold your hand? GIRL : No thanks, it isn't heavy. GIRL : Say you love me! Say you love me! BOY : You love me... GIRL : If we become engaged will you give me a ring?? BOY : Sure, what's your phone number?? GIRL : I think...

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Category : General | Comments : 2 | Hits : 820

TDS on NRI's Income
Posted Date : 21-Jun-2011 , 12:40:13 pm | Posted By Vandana

Interest on bank deposits  Interest earned on Non Resident External (NRE) accounts and Foreign Currency Non Resident (FCNR) accounts are tax free in India. Hence, there would be no TDS.  However, interest earned on the Non Resident Ordinary Account (...

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Category : Income Tax | Comments : 0 | Hits : 1184

Bad News For IT Guyz......Finance Professional Rocks
Posted Date : 21-Jun-2011 , 05:25:21 am | Posted By Anuradha

BharatMatrimony recently conducted a survey to understand the most sought-after professionals among Indian men and women and the survey (sample size: 5000)has interesting findings:   Finance professionals were the most favored marriage partners among ...

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Category : General | Comments : 1 | Hits : 615

When to Deduct TDS
Posted Date : 20-Jun-2011 , 10:49:42 am | Posted By Anjali Arora

(i) At the time of actual payment or credit, whichever is earlier: -   Tax is to be deducted at source a the time of credit to the payee’s account or on accrual of the payment at the end of the accounting year or at the time of payment in cash or by c...

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Category : Income Tax | Comments : 1 | Hits : 908

Chart on Health Benefits
Posted Date : 18-Jun-2011 , 03:13:22 am | Posted By Anjali Arora

 Do share this Chart with everyone   Apples Protects your heart Prevents constipation Blocks diarrhea Imp...

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Category : General | Comments : 0 | Hits : 678

Procedure to claiming deduction u/s 35AC
Posted Date : 17-Jun-2011 , 09:57:41 am | Posted By Anjali Arora

Purpose   NGO can register itself u/s 35AC from the Central Government of India. Potential donors get 100% exemption for the amount donated towards 35AC. All NGOs should avail the advantage of this provision to attract potential donors.   H...

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Category : Income Tax | Comments : 1 | Hits : 1973

Dilemma of our country....
Posted Date : 17-Jun-2011 , 04:49:42 am | Posted By CA. Sachin Data

Do you know that the biggest scandal in the history of our country is the 2G Spectrum Ghotala of 1 lakh and 76 thousand crore. And, the India’s population is 121 crore. Just imagine, if this chunk of money is distributed among all the people of India, then what amount will each fetch. T...

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Category : General | Comments : 0 | Hits : 507

Marks se No Marks....................!
Posted Date : 16-Jun-2011 , 09:58:38 am | Posted By CA. Sachin Data

Are you a High Scoring Student? Kya aap good marks la - la kar bore ho chuke hai? JOIN CA!!! Marks se NO Marks Acche marks se Chutkara Fark dekhiye sirf ek attempt mai!!!! ...

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Category : ICAI | Comments : 2 | Hits : 803

New ad for CA
Posted Date : 16-Jun-2011 , 07:44:28 am | Posted By Anjali Arora

Hi friends....   ...Phle mai bahut dukhi rehta tha..!!   Hamesha nirsh rahta tha..!!   Mujse padai nay ho pati thi..!!   Ek novel complete karne main mahinoo lag jate the..!!   ...

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Category : ICAI | Comments : 2 | Hits : 862

RBI nod must for NBFCs to open subsidiaries abroad
Posted Date : 16-Jun-2011 , 02:32:27 am | Posted By PRIYANKA

  With an aim to regulate the credit system to the advantage of the country, the Reserve Bank of India (RBI) today said non-banking financial companies (NBFCs) cannot open subsidiaries or enter into joint ventures abroad without its permission. "No NBFC shall open subsidiaries/j...

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Category : RBI | Comments : 0 | Hits : 2829

Your perception decides the destiny.....!!!
Posted Date : 15-Jun-2011 , 12:22:15 pm | Posted By CA. Sachin Data

Everyone goes through good and tough times in their lives. Perhaps we are lives, enjoying very day until the day that an obstacle or challenge presents in our lives. This could be a small obstacle or could be something really serious, heartbreaking and depressing that could happen to us. When thi...

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Category : General | Comments : 2 | Hits : 547

General Circular No. 37/2011 dated 07th June 2011 on XBRL Taxonomy
Posted Date : 15-Jun-2011 , 10:33:49 am | Posted By Rohit

The Ministry of Corporate Affairs, in supersession of its earlier circular No. 9/2011 dated 31.03.2011, has mandated for following companies to file Balance sheet and Profit and loss Account along with Directors’ and Auditors’ Report for the year 2010·11 onwards by using XBRL t...

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Category : Corporate Law | Comments : 2 | Hits : 1545

12 Cases of Wrong E-Filing Detected
Posted Date : 15-Jun-2011 , 10:16:09 am | Posted By Jay Raithatha

  MCA Directs Regional Directors to Initiate Inquiry Against Those Practicing Professionals Who Certified the Particulars Furnished by Listed Companies    The Ministry of Corporate Affairs has directed its Regional Directors to initiate inquiry against those practicing ...

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Category : Corporate Law | Comments : 0 | Hits : 1095

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