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Section 43B Certain Deductions only on Actual Payments
Posted Date : 12-May-2011 , 12:52:44 am | Posted By CA. SANAT PYNE

Section 43B – Certain Deductions only on Actual Payments In computation of income under the head Profits and gains of businessor profes­sion(PGBP), some of the expenses are allowed under Income TaxAct 1961 and can be claimed by the assessee only in the year in which the pa...

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Category : Income Tax | Comments : 0 | Hits : 1008

Essentials of Health Policy or good Medical Insurance Plan
Posted Date : 11-May-2011 , 08:02:04 am | Posted By Pulkit Gupta

  Essentials of Health Policy or good Medical Insurance Plan   Friends this article is sequel to my article   80D- Key deduction for good financial planning (For Both Experts and Beginners)    (A) Intro - Why I am writing this article !! ...

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Category : Income Tax | Comments : 0 | Hits : 294

80D- Key deduction for good financial planning
Posted Date : 11-May-2011 , 08:00:19 am | Posted By Pulkit Gupta

        80D- Key deduction for good financial planning (For Beginners like me)    (A) 80C+80CCD+80CCE V/s 80D   ...

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Category : Income Tax | Comments : 0 | Hits : 384

Strategic Mgmt. from Mahabharata
Posted Date : 11-May-2011 , 07:40:09 am | Posted By Pulkit Gupta

      (A) INTRODUCTION   < I hope each one of you have seen this Epic on TV .   < It took me 3 days to finalise this article as it is totally my creation . No part of this article is taken from any Case study of any...

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Category : Students Zone | Comments : 4 | Hits : 602

Mobile Phone Etiquette
Posted Date : 11-May-2011 , 06:14:40 am | Posted By Rajesh

  Mobile Phone Etiquette   Mobile Phone Etiquette   Let It Vibrate If you have your cell phone turned on in meetings, restaurants, theaters etc. set it to vibratory mode. If you have ...

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Category : General | Comments : 0 | Hits : 425

Email Etiquette's
Posted Date : 11-May-2011 , 06:13:46 am | Posted By Rajesh

  Email  Etiquette's   . Be sharp and to the point Messages should be concise and to the point. No long stories and description. Don't forget that there are people who receive hundreds of messages. . Smiles Visual cues can be incorporate...

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Category : General | Comments : 0 | Hits : 325

FIMMDA securities
Posted Date : 11-May-2011 , 06:13:20 am | Posted By Rajesh

About FIMMDA securities what is FIMMDA? FIMMDA stands for The Fixed Income Money Market and Derivatives Association of India (FIMMDA). It is an Association of Commercial Banks, Financial Institutions and Primary Dealers. FIMMDA is a voluntary market body for the bond, Money And Deriva...

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Category : Finance | Comments : 0 | Hits : 1272

Money Market Instruments
Posted Date : 11-May-2011 , 06:12:46 am | Posted By Rajesh

What are Money Market Instruments? By convention, the term "Money Market" refers to the market for short-term requirement and deployment of funds. Money market instruments are those instruments, which have a maturity period of less than one year.The most active part of the money mar...

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Category : Finance | Comments : 0 | Hits : 1007

The power of being a part of a team....
Posted Date : 11-May-2011 , 03:49:12 am | Posted By CA. Sachin Data

A man was lost while driving through the countryside. As he tried to reach for the map, he accidentally drove off the road into a ditch. Though he wasn’t injured, his car was stuck deep in the mud. So the man walked to a nearby farm to ask for help. “Balwa can get you out of that ...

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Category : General | Comments : 2 | Hits : 505

The CA student's easy exit is really going to hamper their career in the long run....
Posted Date : 11-May-2011 , 02:20:24 am | Posted By CA. Sachin Data

Let me describe the above saying with the below mentioned instance: A man found a cocoon of an emperor moth. He took it home, so that he could watch the moth come out of the cocoon. One day, a small opening appeared, and he sat still, watching for several hours, as the moth struggled to force...

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Category : Students Zone | Comments : 1 | Hits : 1297

CA vs ICWA
Posted Date : 11-May-2011 , 01:32:46 am | Posted By CA. SANAT PYNE

CAvsICWA       Chartered Accountancy ICWA- Cost Accounting   scope of study In depth knowledge on every aspects of accounting, auditing...

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Category : General | Comments : 2 | Hits : 1991

HOW TO MANAGE YOUR TROUBLESOME BOSS ?
Posted Date : 11-May-2011 , 01:30:46 am | Posted By CA. SANAT PYNE

Arranging seminars and discussion forums to explore how to manage a troublesome boss is common. Diane Stafford of The Kansas City Star gives some common takeaways from those seminars. The first one is that you can't change your boss, you can only change your own reactions. It's up to...

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Category : General | Comments : 0 | Hits : 398

Export Documentation
Posted Date : 10-May-2011 , 07:20:30 am | Posted By Rajesh

Introduction International market involves various types of trade documents that need to be produced while making transactions. Each trade document is differ from other and present the various aspects of the trade like description, quality, number, transportation medium, indemnity, inspection...

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Category : DGFT | Comments : 0 | Hits : 1406

Letter of Credit
Posted Date : 10-May-2011 , 07:18:39 am | Posted By Rajesh

Introduction Letter of Credit  L/c also known as Documentary Credit is a widely used term to make payment secure in domestic and international trade. The document is issued by a financial organization at the buyer request. Buyer also provide the necessary instructions in preparing the do...

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Category : DGFT | Comments : 0 | Hits : 1285

Procedure for holding EGM
Posted Date : 10-May-2011 , 06:27:12 am | Posted By CA. SANAT PYNE

  Procedure for holding EGM       1.  Convene Board Meeting ...

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Category : Corporate Law | Comments : 0 | Hits : 744

Investment Terminology (For IPCC/PCC Students)
Posted Date : 10-May-2011 , 03:39:25 am | Posted By Pulkit Gupta

  Introduction  This article will deal with various terms related to Investment.    There are some basic things which we analyze before investing in any Co. To analyze such things we need complete clarity about them .   I will try to give a b...

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Category : Finance | Comments : 0 | Hits : 625

JUGAAD AND it's importance in India
Posted Date : 10-May-2011 , 03:32:25 am | Posted By Pulkit Gupta

  JUGAAD - OUR GREATEST ASSET !! MEANING OF JUGAAD *Actually this word is inspired from the common mode of transport in villages.   * Jugaad is a synonym of INNOVATION .  * It also means to adjust according to the situation  *Anythin...

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Category : Students Zone | Comments : 2 | Hits : 584

DILLI KA CA
Posted Date : 10-May-2011 , 03:30:27 am | Posted By Pulkit Gupta

  DEKHO DILLI KA BHAVI CA CHALA AA RAHA HAI PART- 1 – CPT ANKHON MEIN SUNHARE KAL KE SAPNE SAJAYE, MANN MEIN KUCH KAR DIKHANE KI UMEED JAGAYE, KABHI GHABRAYE KABHI MUSKURAYE, ITO/VISHVASNAGAR KI AUR BADA JA RAHA HAI, DEKHO DILLI KA BHAVI CA CHALA AA RAHA HAI...

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Category : Students Zone | Comments : 3 | Hits : 578

Architect and a developer
Posted Date : 10-May-2011 , 03:26:08 am | Posted By Pulkit Gupta

  These interactions are between a developer and technical architect. Comparing them with Sarfarosh movie's Inspector Salim and ACP Rathod.   Enjoy.............................................   ARCHITECT: Kaise ho ...

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Category : Students Zone | Comments : 0 | Hits : 560

Chartered Accountancy Course- Number of attempts does not matter. Tha value of a CA always remain the same.
Posted Date : 09-May-2011 , 06:48:21 am | Posted By CA. Sachin Data

A well known speaker started off his seminar by holding up a Rs.1000 note. In the room of 200, he asked, "Who would like this Rs.1000 note ?" Hands started going up. He said, "I am going to give this Rs.1000 note to one of you but first, let me do this." He p...

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Category : Students Zone | Comments : 34 | Hits : 8856

Chartered Accountants vs Unchartered Accountants
Posted Date : 09-May-2011 , 02:15:21 am | Posted By CA. Sachin Data

Chartered financial advisors differ from standard financial advisors in many ways. These differences can be very important to both financial professionals and consumers who need accounting services. By understanding these important differences, you can increase the quality of the accounting work ...

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Category : General | Comments : 0 | Hits : 740

Appraisal process :: excellent
Posted Date : 08-May-2011 , 09:28:47 am | Posted By Anjali Arora

The Art of Appraisal Big Boss: This year your performance was good, excellent and outstanding. So, your rating is "average". UMA: What? How come 'average'? Big Boss: Because...err. ..uhh...you lack domain knowledge. UMA: But last year you said I am a domain ex...

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Category : Students Zone | Comments : 0 | Hits : 486

Comparison between existing COMPANY and LLP
Posted Date : 06-May-2011 , 04:26:39 am | Posted By CA. SANAT PYNE

Comparison between existing COMPANY  and LLP   Category Company LLP Prevailing Law Companies are prevailed by ‘Companies Act, 1956’ ...

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Category : Income Tax | Comments : 0 | Hits : 983

Comparison between PARTNERSHIP and LLP
Posted Date : 06-May-2011 , 04:25:31 am | Posted By CA. SANAT PYNE

Comparison between PARTNERSHIP  and LLP   Category Partnership LLP Prevailing Law Partnership is prevailed by ‘The Indian Partnership Act, 1932’ and...

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Category : Corporate Law | Comments : 0 | Hits : 622

Refund of TDS of Excess Deducted (Circular No. 2/2011) F. No. 385/25/2010-IT(B), Dated 07.04.2011
Posted Date : 06-May-2011 , 02:49:51 am | Posted By CA Mordhwaj Garg

  CIRCULAR NO. 2/2011 [F.NO. 385/25/2010-IT(B)], DATED 27-4-2011 The procedure for regulating refund of amount paid by the Deductor in excess of the tax deducted at source (TDS) and/or deductible is governed by Board circular No. 285, dated 21-10-1980. 2. Subsequent to issue of c...

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Category : Income Tax | Comments : 0 | Hits : 1163

How to come across the hurdle of Financial Planning.
Posted Date : 06-May-2011 , 02:44:20 am | Posted By CA. Sachin Data

Financial planning simply means planning finances to meet your future needs. There has been a lot of material based on academic research on the subject, developed over the last few decades and being used by individuals now. The most popular and followed approach is goal-based financial plann...

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Category : General | Comments : 0 | Hits : 366

FAQ ON EFILING OF ROC FORM
Posted Date : 06-May-2011 , 01:05:01 am | Posted By CA. SANAT PYNE

  1. What are the steps for offline eFiling? 1. Select a category to download an eForm from the MyMCA portal (with or with out the instruction kit. 2. At any time, you can read the related instruction kit to familiarise yourself with the procedures(you can download the instruction ...

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Category : Corporate Law | Comments : 0 | Hits : 1211

FAQ ON REFUND PROCESS
Posted Date : 06-May-2011 , 12:59:21 am | Posted By CA. SANAT PYNE

  1. What is refund process? The user is required to make various payments to avail MCA21 services. A number of instances have been observed where the users make multiple payments or incorrect payment or excess payment while using these services. In order to allow the stakeholders to...

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Category : Corporate Law | Comments : 0 | Hits : 437

RBI relaxes norms for making payments using mobile phones. Raises Limit to Rs.50000
Posted Date : 06-May-2011 , 12:01:22 am | Posted By CA. Sachin Data

Relaxing the norms for making payments using mobile phones, known as m-wallet, the Reserve Bank today decided to increase the limit of money-loading to Rs 50,000 from the existing limit of Rs 5,000. “The maximum value of such prepaid semi-closed m-wallet shall not exceed Rs 50,000,&rdqu...

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Category : RBI | Comments : 0 | Hits : 599

Howz CA life..........!!!
Posted Date : 05-May-2011 , 10:58:06 pm | Posted By CA. Sachin Data

Living a few years of your life like most people wont, so that you can spend the rest of your life like most people can't!!!!!!! ...

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Category : General | Comments : 2 | Hits : 483

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