Cost Records & Compliance Certificate Applicability
Posted Date : 13-Sep-2012 , 12:40:47 pm | Posted By
CMA Arif Farooqui
APPLICABILITY OF MAINTAINES OF COST RECORDS & COMPLIANCE CERTIFICATE
MAINTENANCE OF COST ACCOUNTING RECORDS
As per notification issued by Ministry of Corporate Affairs, dated 3rd June, 2011; The Companies (Cost Accounting Records), Rules 2011 shall apply to every company, including a foreign c...
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Category : Auditing |
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A breif on Companies Cost Audit Orders- 2011
Posted Date : 13-Sep-2012 , 12:33:54 pm | Posted By
CMA Arif Farooqui
Cost Audit Orders - 2011
Ministry of Corporate Affairs has issued various Co...
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Category : Auditing |
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0 | Hits : 631 |
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Advantages & Disadvantages of a Sole Proprietorship
Posted Date : 13-Sep-2012 , 10:34:59 am | Posted By
CA. KRISHAN KUMAR SAINI
The sole proprietorship is the oldest, simplest, and most common form of business entity. It is a business owned by a single individual. For tax and legal liability purpose, the owner and the business are one and the same. The proprietorship is not taxed as separate e...
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Category : General |
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0 | Hits : 850 |
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Idea similar to Carbon Credit, called Tree Credit!
Posted Date : 12-Sep-2012 , 02:02:54 pm | Posted By
Pique242
Idea similar to Carbon Credit, called Tree Credit!
-Paras Kedia
ParasKedia@yahoo.com
I aim at planting a good idea in your mind.
We all know beautiful glaciers are melting daily in some part of the world because of Global Warming. Yet we do nothing but relish ...
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Category : Income Tax |
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2 | Hits : 399 |
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Security of Career in Profession like CA
Posted Date : 11-Sep-2012 , 04:34:01 pm | Posted By
Mukul Gulati
Security of Career in Profession like CA
Now a day, some bad news, views and experiences are floating everywhere related to lack of employment in CA profession. Some people are saying that now CA’s are getting the status of B.com graduates. They also refer to camp...
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Category : Students Zone |
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1 | Hits : 1595 |
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Cases pending trails in various courts in India
Posted Date : 11-Sep-2012 , 04:31:31 pm | Posted By
Mukul Gulati
Cases pending trails in various courts in India
Alternate Dispute resolution and cases pending trails in various courts in India - By CS a Rengarajan Let us see pending cases reported in various high courts, subordinate courts and Supreme Courts as per news items published Times of India date...
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Category : General |
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0 | Hits : 183 |
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Wealth Tax Act, 1957
Posted Date : 09-Sep-2012 , 11:37:15 pm | Posted By
Mukul Gulati
Wealth Tax Act, 1957
Basic Concepts:
Charging Section 3:Subject to the other provisions contained in this Act, there shall be charged for every assessment year commencing on and from the 1st day of April, 1993, wealth-tax in respect of the net wealth on the corresponding valuation date of...
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Category : Income Tax |
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1 | Hits : 1491 |
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What's behind every Success?
Posted Date : 08-Sep-2012 , 12:28:01 pm | Posted By
Mukul Gulati
What's behind every Success?
Success” a word desired by all, aimed by many, tried by few and achieved by rare. So what’s in between those “all” to “rare”?
We all are fantasized by some great persons and their achievement, but we never ever try to ge...
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Category : Students Zone |
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0 | Hits : 253 |
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Insurance- a Financial Planner?
Posted Date : 08-Sep-2012 , 12:26:27 pm | Posted By
Mukul Gulati
Insurance- a Financial Planner?
Hello everyone. Everyone knows about insurance very well. It is protection against contingencies. If any uncertain event happens then there is an insurance company which will pay a certain amount to us or our nominees.
...
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Category : Finance |
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0 | Hits : 251 |
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Tax Accounting for Constructions Contracts
Posted Date : 08-Sep-2012 , 12:24:55 pm | Posted By
Mukul Gulati
Tax Accounting for Constructions Contracts
Dear Members,
Many Construction Contractors are Always Found in Confusion to Which System is to be Followed for Accounting as Far as Income Tax Act is Concerned.
Here...
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Category : Income Tax |
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0 | Hits : 606 |
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Treatment oF Preliminary Expenses Under Revised Schedule VI
Posted Date : 08-Sep-2012 , 12:07:48 am | Posted By
CA Ramesh K Chhajer
TREATMENT OF PRELIMINARY EXPENSES AS PER REVISED SCHEDULE VI
As per the Revised Schedule VI, Preliminary expenses which are to be amortized over the period of their benefit or to be amortized as per the provisions U/S 35 D of Income Tax Act, are to shown as Unamortized Expenses und...
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Category : Income Tax |
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2 | Hits : 17624 |
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Status of HUF as a Partner in a Partnership Firm
Posted Date : 08-Sep-2012 , 12:06:33 am | Posted By
CA Ramesh K Chhajer
STATUS OF HUF IN A PARTNERSHIP FIRM
Representative of HUF in a Partnership Firm :
An HUF can become a partner in a firm. The Karta or a member of the HUF can represent the HUF in a firm. A female member can also represent HUF in a partnership firm, CIT v. Banaik Indu...
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Category : Income Tax |
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1 | Hits : 1130 |
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Filing tax returns in odd situations
Posted Date : 06-Sep-2012 , 03:01:15 pm | Posted By
Mukul Gulati
Filing tax returns in odd situations
If travelling or seriously indisposed
With online filing, you can submit your return from any corner of the world. However, if you take the offline route and are travelling overseas, any person authorized by you can file on your behalf. You need to gi...
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Category : Income Tax |
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0 | Hits : 382 |
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PERSONAL DEVELOPMENT AND GOAL SETTING TIPS
Posted Date : 06-Sep-2012 , 11:10:02 am | Posted By
SHIKHA SONI
The decision to make a concerted effort to improve yourself through personal development is a good one. Many people have improved their lives and have become success stories with the use of self help information.
It is important that you know that you must be truly dedicated to your pursuit o...
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Category : General |
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0 | Hits : 421 |
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Section 54 exemption not available on House not having basis amenities
Posted Date : 05-Sep-2012 , 07:55:42 pm | Posted By
Neeraj Dhikoliya
A perusal of the provision of section 54 shows that the exemption under the said section is available on transfer of along term capital asset in respect of residential house and land or building appurtenant thereto to an assessee who is either individual or Hindu...
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Category : Income Tax |
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0 | Hits : 443 |
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Cloud Computing – Opportunities and Challenges for CAs
Posted Date : 05-Sep-2012 , 04:33:03 pm | Posted By
Mukul Gulati
Cloud Computing – Opportunities and Challenges for CAs
Let us see this concept of Cloud Computing in short and sweet manner along with the opportunities and challenges for Chartered Accountants in this field.
Cloud computing is ...
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Category : Students Zone |
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0 | Hits : 1045 |
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Word Meaning Related to Ethics & Communication
Posted Date : 05-Sep-2012 , 12:41:02 am | Posted By
Mukul Gulati
Word Meaning Related to Ethics & Communication
Words Meaning Remarks
Verdict ---------------------Judgement, Decision
Petition----------------- ---Appeal, Formal Request, Plead
Deserve --------------------To Be entitled
Aspiration Goal----------Objective, Target,...
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Category : Corporate Law |
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0 | Hits : 424 |
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A Golden Way to Curb Corruption & Black Money
Posted Date : 04-Sep-2012 , 04:50:35 pm | Posted By
Mukul Gulati
A Golden Way to Curb Corruption & Black Money
Money has become an integral part of our life and it seems we all are satisfied with this system. It has been a long time since Barter system has been replaced by Money System and Currency in the form of Coi...
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Category : General |
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1 | Hits : 600 |
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Benefits u/s 80ID
Posted Date : 04-Sep-2012 , 04:33:50 pm | Posted By
Mukul Gulati
Benefits u/s 80ID
Five year tax holiday for hotels located in specified districts having a world Heritage Site:
Section 80-ID of the Income-tax Act provides for a five year tax holiday to new hotels of two, three and fo...
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Category : Income Tax |
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0 | Hits : 480 |
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IPO by the Small and Medium Enterprises
Posted Date : 01-Sep-2012 , 06:51:50 pm | Posted By
CA. Ajay Agrawal
National Stock Exchange on 31th August 2012 issued detailed guidelines for its new trading platform for shares of small and medium enterprises (SMEs), where the first Initial Public Offer by a company would begin on September 4.
As per a circular issued by NSE, all membe...
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Category : Shares & Stock |
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0 | Hits : 580 |
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ST- Partnership Firm and Remuneration to Partners
Posted Date : 01-Sep-2012 , 06:42:18 pm | Posted By
CA. Ajay Agrawal
Capital contributed by a partner and remuneration paid or payable by a firm to its partners, both, are not liable to service tax. -
&nb...
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Category : Service Tax |
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0 | Hits : 1211 |
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PCC/IPCC Useful: Proxy Provisions - A Procedural Analysis
Posted Date : 31-Aug-2012 , 03:46:45 pm | Posted By
Mukul Gulati
PCC/IPCC Useful: Proxy Provisions - A Procedural Analysis
Please find below a useful article covering some relevant information regarding Proxy in public and private company. Hope this article would be off some help in your professional working:
PROXY
Section 176 of the Companies Act...
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Category : Corporate Law |
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0 | Hits : 369 |
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How to improve English speaking skills?
Posted Date : 31-Aug-2012 , 03:45:09 pm | Posted By
Mukul Gulati
How to improve English speaking skills?
2 line bio - The main problem faced while trying to speak in English is that if we don't live in an English-speaking atmosphere and don’t have friends or family to speak English with, we can’t practice English speaking skills?
There ...
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Category : General |
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0 | Hits : 521 |
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For those who did not pass last CA Exam
Posted Date : 31-Aug-2012 , 03:43:49 pm | Posted By
Mukul Gulati
For those who did not pass last CA Exam
Hello Friends,
Well through this simple post I would like to convey something to those students who did not clear their CA Exams in May 2012 for certain reasons. My message is quite clear. Have a look at it:
Hey Friends...believe me you do not n...
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Category : Students Zone |
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0 | Hits : 637 |
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An Excellent Poem On MOTHER - Beautiful
Posted Date : 31-Aug-2012 , 03:41:28 pm | Posted By
Mukul Gulati
I was a just-born and she was Twenty-Five,
Though we were we, we were one.
I would cry out in Latin and she would respond in Greek,
I would learn nothing but she never got tired to teach.
I was surrounded by monsters eager to pull my cheek,
but they would vanish the moment i was wet ...
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Category : General |
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0 | Hits : 285 |
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A closer look cum inter-action with Success!!!
Posted Date : 31-Aug-2012 , 03:39:45 pm | Posted By
Mukul Gulati
A closer look cum inter-action with Success!!!
Hello Students,
As we all know that the word success is something very special for everyone. In today’s time it is a need for everyone to survive. Everyone wants to achieve the same at any cost. But based on the corporate environment ar...
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Category : Students Zone |
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0 | Hits : 216 |
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Auditing - A Beginners Guide
Posted Date : 31-Aug-2012 , 03:38:27 pm | Posted By
Mukul Gulati
Auditing - A Beginners Guide
A couple of days before a new intern joined my firm, and believe me he was too frightened. He asked me that you all are involved in Auditing Line, so give me some tips so that it will help me out for my future projects.
“Points to be considered wh...
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Category : Auditing |
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0 | Hits : 1400 |
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Managing Your Studies with a Full Time Job
Posted Date : 31-Aug-2012 , 03:36:52 pm | Posted By
Mukul Gulati
Managing Your Studies with a Full Time Job
“How to Manage Your Studies with a Full Time Job.”
Some of the disadvantages which we always find are:
· Very little time to study.
· ...
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Category : Students Zone |
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0 | Hits : 307 |
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Ledger Scrutiny - Backbone of Statutory Audit
Posted Date : 31-Aug-2012 , 03:22:38 pm | Posted By
Mukul Gulati
Ledger Scrutiny - Backbone of Statutory Audit
So Professionals September season is going to start & I know everyone will be busy with their respective Audits. The same thing is happening with me & i am also fed up of 6 A.M TO 10 P.M Schedule. But if we look at the other side th...
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Category : Auditing |
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0 | Hits : 4200 |
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HOW TO VALUE THE ACCOMMODATION?
Posted Date : 31-Aug-2012 , 01:48:19 pm | Posted By
Surendra Kumar Dash
HOW TO VALUE THE ACCOMMODATION?
Accommodation: - For purpose of valuation of the perquisite of Unfurnished accommodation, all employees are divided into two categories:
I) Central Govt. & State Govt. employees; and
...
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Category : Income Tax |
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0 | Hits : 302 |
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