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10 reasons why Narendra Modi can never become PM
Posted Date : 07-Jun-2013 , 11:56:04 pm | Posted By Vinay Sharma

Hard to say of the country but there is a lot of unrest within the BJP and hardcore supporters of Gujarat CM Narendra Modi. Slogans of 'Modi for PM' are gaining pitch. But nowadays, no one becomes the prime minister of India just on the basis of slogans. Gone is the era when Indira Gandhi would get ...

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Category : General | Comments : 3 | Hits : 1058

Reasons Why People Don't Want To Be Rich
Posted Date : 07-Jun-2013 , 06:13:32 pm | Posted By Vinay Sharma

Top Reasons Why People Don't Want To Be  Rich   You would think everyone would want to be rich, if they could be. After talking to quite a lot of people, I've found that there are a significant number who do not want to be rich. Why? Here are my top reasons why I think people are not in...

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Category : General | Comments : 0 | Hits : 944

Deduction Of Tax At Source From Salary
Posted Date : 07-Jun-2013 , 06:02:33 pm | Posted By Vinay Sharma

Deduction Of Tax At Source From Salary   1.Who is responsible to deduct tax at source in case of income from Salary Any person responsible for paying any income chargeable under the head “Salaries” is required to deduct tax on the amount payable. For this purpose the following a...

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Category : Income Tax | Comments : 1 | Hits : 964

Legal Requirements for Formation of A Hindu Undivided Family (HUF)
Posted Date : 07-Jun-2013 , 04:46:49 pm | Posted By Vinay Sharma

Legal Requirements for Formation of A Hindu Undivided Family (HUF)   1) CAPITAL & MEMBERS : –  For A HUF to be created , major requirements are the capital and persons. Capital can be in the form of ancestral property, assets gifted by relatives and friends, or received by the ...

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Category : General | Comments : 0 | Hits : 917

12 Commandments to help you learn how to love yourself
Posted Date : 07-Jun-2013 , 03:09:20 pm | Posted By Vinay Sharma

12 Commandments to help you learn how to love yourself   Stop All Criticism. Criticism never changes a thing. Refuse to criticize yourself. Accept yourself exactly as you are. Everybody changes. When you criticize yourself, your changes are negative. When you approve of yourself, your change...

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Category : General | Comments : 2 | Hits : 717

Main features of Real Estate Bill, 2013
Posted Date : 07-Jun-2013 , 03:06:35 pm | Posted By Vinay Sharma

  Union Cabinet has cleared Real Estate (Regulation and Development) Bill on Tuesday, which provides creation of a regulator for the sector and tighter norms for selling housing projects. Following are the main features of Real Estate (Regulation and Development) Bill, 2013: Applica...

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Category : General | Comments : 0 | Hits : 844

SOME IMPORTANT ITAT Rullings 2013
Posted Date : 06-Jun-2013 , 04:01:32 pm | Posted By Gaurav Dhamija

  AIT-2013-05-ITATSri Lakhan Singh Vs. ACIT, Bangalore even if a claim is not made before the assessing officer, it can be made before the appellate authorities. AIT-2013-21-ITATM/s. L.G.Electronics India Private Limited Vs. ACIT, Noida Special Bench-the transfer pricing adj...

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Category : Income Tax | Comments : 0 | Hits : 332

SOME IMPORTANT SUPREME COURT JUDGMENTS 2013
Posted Date : 06-Jun-2013 , 03:58:14 pm | Posted By Gaurav Dhamija

  AIT-2013-07-SCRaunaq Education Foundation Vs. DIT,New Delhi the respondent-assessee had, by way of donation, received two cheques for a sum of Rs.40 lac each from M/s Apollo Tyres Ltd. One of the cheques was dated 22nd April, 2002 and yet it was given in accounting year 2001-2002 i....

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Category : General | Comments : 0 | Hits : 261

Five reasons why the rupee is sliding against the dollar
Posted Date : 06-Jun-2013 , 03:37:35 pm | Posted By Vimmi

The rupee fell for the 13th session in 15, taking its losses to 5.2 per cent since the start of May and becoming the worst performer in Asia over this period. It breached the 57 mark to the dollar on Thursday and is trading perilously close to its all-time low of 57.32 against the greenback. ...

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Category : International Business | Comments : 0 | Hits : 785

Champions Trophy. Check out the schedule
Posted Date : 06-Jun-2013 , 02:58:50 pm | Posted By Gaurav Dhamija

Date Match Venue Time June 6 Match 1: India vs South Africa Cardiff 1500 IST June 7 Match 2: Pakistan v West Indies Oval 1500 IST June 8 Match 3: England v Australia Birmingham 1500 IST June 9 Match 4: New Zealand v Sri Lanka Cardiff 1500 IST June 10 Ma...

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Category : General | Comments : 0 | Hits : 198

Contact information of Trade Associations
Posted Date : 06-Jun-2013 , 02:26:35 pm | Posted By Gaurav Dhamija

Trade Associations ALL INDIA RESORT DEVELOPMENT ASSOCIATION(AIRDA) 864, 1st Floor, 3rd Cross 7th Main, HAL 2nd Stage Indira Nagar Phone: : 080-41261781 Fax: : 080-41261781 E-Mail: airda@vsnl.net City: Bangl...

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Category : General | Comments : 0 | Hits : 256

Dos and Dont's for Depositing Tax
Posted Date : 05-Jun-2013 , 01:01:08 pm | Posted By Vinay Sharma

DOS Use challan type 281 for deposit of TDS/TCS amount. Deductor should quote correct TAN, full name, address and current A.Y. on each challan. Deductor should use separate challan for different nature of payments quoting correct nature o...

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Category : Income Tax | Comments : 0 | Hits : 533

TDS on Property
Posted Date : 05-Jun-2013 , 09:52:43 am | Posted By Gaurav Dhamija

As per Finance Bill of 2013, TDS is applicable on sale of immoveable property wherein the sale consideration of the property exceeds or is equal to Rs 50,00,000 (Rupees Fifty Lakhs). Sec 194 IA of the Income Tax Act, 1961 states that for all transactions with effect from June 1, 2013, Tax @ 1% shoul...

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Category : Income Tax | Comments : 0 | Hits : 1840

View and print your E-BRC
Posted Date : 04-Jun-2013 , 04:55:08 pm | Posted By Gaurav Dhamija

View and print your E-BRC at below mentioned link http://dgftebrc.nic.in:8100/DGFTeBRC/brcIssuedTrade_input.jsp Following details required for getting same.   IEC* IFSC (11 digit) # BRC issue From Date BRC Date upto Shipping Bill Number Shipping Bill date ...

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Category : General | Comments : 0 | Hits : 94343

Communicating with ICEGate
Posted Date : 04-Jun-2013 , 04:39:26 pm | Posted By Gaurav Dhamija

Communication Guidelines All Exporters / Importers, Custom House Agents / Airlines / Shipping Agents and members of the trade are requested to take note of the facility of filing the documents on the Indian Customs EDI Gateway hereinafter referred to as ICEGATE. The facility for submission of d...

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Category : General | Comments : 0 | Hits : 334

Income Tax Calendar 2013-14, Income Tax Due Dates, Deadlines
Posted Date : 04-Jun-2013 , 11:29:35 am | Posted By Vinay Sharma

Due Date Obligations Form Name For the Period 15th May, 2013 (Wednesday) TDS on salaries/perquisites in Form 24Q, TDS on other payments in Form 26Q, TDS on interest, dividends, etc. paid to non-residents in Form 27Q, TCS in Form 27EQ, 24Q, 26Q, 27Q, 27EQ...

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Category : Income Tax | Comments : 1 | Hits : 3742

Provisions related to TDS on Immovable Properties U/s. 194-IA
Posted Date : 04-Jun-2013 , 10:07:32 am | Posted By Gaurav Dhamija

Provisions Related to TDS Payment and Furnishing of TDS Certificate   1. Any sum deducted under section 194-IA shall be paid to the credit of the Central Government within a period of seven days from the end of the month in which the deduction is made. 2. TDS payment U/s. 194-IA  shall ...

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Category : Income Tax | Comments : 0 | Hits : 4752

New Prudential Provisioning Norms by RBI
Posted Date : 03-Jun-2013 , 07:02:00 pm | Posted By Sameer Kakar

Changes in the Prudential Norms, Provisioning by RBI   Background During the year 2012 RBI constituted a working group headed by Sh. B. Mahapatra to review the existing prudential guidelines on restructuring of advances by Banks/FI’s. The working group made certain recommen...

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Category : Banking | Comments : 0 | Hits : 1155

TDS/TCS Rates Chart for A Y 2014-15
Posted Date : 03-Jun-2013 , 04:47:16 pm | Posted By CA Pardeep Chanana

In the Chart given below I have compiled the TDS / TCS  rates as applicable for Assessment year (AY) 2014-15 or Financial Year (FY) 2013-14.  In this Year Government has made TDS applicable on Compensation / Consideration on transfer of certain immov...

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Category : Income Tax | Comments : 0 | Hits : 582

Career In Company Secretary
Posted Date : 03-Jun-2013 , 03:36:30 pm | Posted By Manjit Banga

Everybody has some career goals in mind. Something they are thinking of doing or becoming . For commerce students,     there are many avenues where they can build up a good career in the future. Company secretary course is one such        &n...

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Category : Students Zone | Comments : 0 | Hits : 608

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