How would you like to be remembered
Posted Date : 18-Oct-2011 , 03:29:05 pm | Posted By
CA Amit Bajaj
About a hundred years ago, a man looked at the morning newspaper and to his surprise and horror, read his name in the obituary column. The newspapers had reported the death of the wrong person by mistake. His firstresponse was shock. Am I here or there? When he regained h...
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Category : Income Tax |
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0 | Hits : 317 |
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The Story of the Butterfly
Posted Date : 18-Oct-2011 , 03:05:55 pm | Posted By
CA Amit Bajaj
Motivational Stories................
A man found a cocoon of a butterfly.
One day a small opening appeared.
He sat and watched the butterfly for several hours
as it struggled to squeeze its body through the tiny hole.
Then it stopped, as if it couldn...
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Category : Students Zone |
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0 | Hits : 355 |
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Mother Love
Posted Date : 17-Oct-2011 , 10:15:52 am | Posted By
Neha Jain
Mother Love
After the Earthquake had subsided, when the rescuers reached the ruins of a young woman’s house, they saw her dead body through the cracks. But her pose was somehow strange that...
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Category : Income Tax |
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0 | Hits : 333 |
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TAX BENEFITS AVAILABLE TO SENIOR CITIZENS
Posted Date : 15-Oct-2011 , 10:56:02 pm | Posted By
AKHIL MAHESHWARI
A person becomes senior citizen under Income Tax Act in any year after attaining the age of 60 years even for one day. Once he attains 60 years, his status as senior citizen in that financial year, gives him some relief .There are not many. These are listed below:
1. Higher Exemption Limit
...
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Category : Income Tax |
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0 | Hits : 372 |
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A Lesson for Every Salaried Person
Posted Date : 15-Oct-2011 , 03:48:50 pm | Posted By
Akanksha Handa
A Lesson for Every Salaried Person
A shopkeeper watching over his shop is really surprised when he sees a dog coming inside the shop, He shoos him away. But later, the dog is back inside again. So he goes over to the dog and notices that it has a note in its mouth. He takes the note and it...
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Category : Income Tax |
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2 | Hits : 945 |
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Hindu woman entitled to equal property rights and Liabilities in the property of HUF
Posted Date : 14-Oct-2011 , 05:27:21 pm | Posted By
AKHIL MAHESHWARI
Ganduri Koteshwaramma & Anr. Versus Chakiri Yanadi & Anr. (Supreme Court)-A Hindu woman or girl will have equal property rights along with other male relatives for any partition made in intestate succession after September 2005. under the Hindu Succession (...
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Category : General |
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0 | Hits : 508 |
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Points useful while doing auditing
Posted Date : 12-Oct-2011 , 07:04:10 pm | Posted By
AKHIL MAHESHWARI
Ø REGARDING TDS
Ø REGARDING BONUS
Ø REGARDING FBT
Ø REGARDING PURCHASE
Ø REGARDING PROVIDENT FUND
Ø REGARDING ...
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Category : Auditing |
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3 | Hits : 1357 |
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"No Limit for Mental Refinement To Succeed In Office"
Posted Date : 12-Oct-2011 , 12:12:27 pm | Posted By
AKHIL MAHESHWARI
1 George Bernard Shaw said, "If you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas. You don't have to blindly follow ...
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Category : Students Zone |
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0 | Hits : 394 |
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A Glass of Milk
Posted Date : 10-Oct-2011 , 12:02:10 pm | Posted By
Neha Jain
A Glass of Milk
One day, a poor boy who was selling goods from door to door to pay his way through school, found he had only one thin dime left, and he was hungry. He decided he would ask for a meal at the next house. However, he los...
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Category : General |
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0 | Hits : 351 |
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Right To Information Act, 2005
Posted Date : 09-Oct-2011 , 11:17:13 pm | Posted By
CA. MANISH MALHOTRA
Dear Members,
Right to Information Act, 2005(RTI) is not just only an act. It is power in your hand, by using this power citizen can request for government information. As per section 2(j) of RTI ACT, 2005
"right to information" means...
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Category : General |
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0 | Hits : 354 |
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CAT 2011 Pattern Change: How to Prepare with the new format !
Posted Date : 08-Oct-2011 , 07:45:14 pm | Posted By
AKHIL MAHESHWARI
Dear CAT students,
These two months are crucial for those who are appearing for CAT 2011. Most of you would have spent the last few months ensuring that you are well-prepared for what is rightfully considered as one of the toughest and most competitive entrance exams in I...
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Category : General |
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0 | Hits : 306 |
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Handling of practical paper in CA or CS
Posted Date : 08-Oct-2011 , 07:05:54 pm | Posted By
AKHIL MAHESHWARI
Cheer up friends,
As this is preparation time for various exams. I am here with you once again with my sincere efforts to share useful and relevant stuff today. I’d like to share something about handling of Practical paper. I have seen many students struggling for handling Pr...
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Category : Students Zone |
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0 | Hits : 1025 |
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Filing of financial statements in XBRL mode
Posted Date : 08-Oct-2011 , 04:25:38 pm | Posted By
Venkat
* XBRL is the Financial and Operational business reporting offshoot of Extensible Markup Language (XML), which is a freely licensable, open technology standard (or Vocabulary) used to exchange business information electronically. XML is the universally preferr...
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Category : Corporate Law |
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1 | Hits : 860 |
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3 Stages of revision for CA Exam success-Attention!Students!
Posted Date : 06-Oct-2011 , 05:39:22 pm | Posted By
AKHIL MAHESHWARI
Most of the students manage to complete (atleast) once the portions relevant for their attempt. But this is not enough. One needs to do intelligent revision of the same as many times as possible.
One Malayali friend of mine cried to me lite...
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Category : Students Zone |
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0 | Hits : 800 |
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Merger and Amalgamation - An Overview
Posted Date : 06-Oct-2011 , 02:46:07 am | Posted By
AKHIL MAHESHWARI
As per Companies Act, 1956
The terms merger and amalgamation have not been defined in the Companies Act, 1956 though this voluminous piece of legislation contains more than 50 definitions in Section 2 of the Act. For the purpose of this act the terms ‘Merger’ and &lsquo...
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Category : Merger & Acquisitions |
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0 | Hits : 690 |
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Service Tax Applicability on Apartment Owners Association
Posted Date : 04-Oct-2011 , 11:06:05 am | Posted By
AKHIL MAHESHWARI
In this article we would be going through the provisions of service tax which are relevant to associations.
Introduction
Þ What is meant by Indirect Tax?
Service Tax is an indirect Tax which is received by the se...
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Category : Service Tax |
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0 | Hits : 1181 |
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'If today were the last day of my life, would I want to do what I am about to do today?'
Posted Date : 04-Oct-2011 , 11:04:13 am | Posted By
AKHIL MAHESHWARI
Steve Jobs, the CEO who got fired from his first job
Talk of computers the first thing that strikes anyone today is 'Apple'. Know the success story of the brain behind this massive player.
Inspiring excerpts from the commencement speech by Steve Jobs, at...
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Category : General |
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5 | Hits : 763 |
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Life Lesson
Posted Date : 03-Oct-2011 , 11:02:06 am | Posted By
Neha Jain
&nb...
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Category : General |
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1 | Hits : 5724 |
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Two Courses at a time - Benefits and Benefits
Posted Date : 02-Oct-2011 , 06:44:59 pm | Posted By
AKHIL MAHESHWARI
Pursuing 2 Professional Courses at a time.
Well everyone feels that doing one course itself is sucking so much of blood then how much it will for doing 2 courses. Remember yaar Life is a race, if you don't run fast, you will be like broken anda.
First ...
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Category : General |
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0 | Hits : 339 |
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Its never too late..
Posted Date : 28-Sep-2011 , 03:41:01 pm | Posted By
Ashish Gupta
We often hear people saying “it’s too late now”. And that phrase is used in all aspects of life, whether in student life, social life, professional life or in personal relations as well.
But I don’t think its ever too late or at least till someone is breathi...
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Category : General |
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1 | Hits : 922 |
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Double the efforts!
Posted Date : 28-Sep-2011 , 01:23:59 pm | Posted By
Neha Jain
Double the efforts!
Les Brown, a noted inspirational speaker, tells the story of one of his friend, a salesman, who was in financial trouble because sales were down. Les asked him, "How many phone calls are you making a day?" His friend answered, "Twenty five.&...
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Category : General |
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2 | Hits : 408 |
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Provisions of Section 269SS and 269T under Income Tax Act
Posted Date : 26-Sep-2011 , 08:08:58 pm | Posted By
AKHIL MAHESHWARI
Finance is the important part and need of every business. The own capital of a person may not be always sufficient to meet theneeds of finance of the business. Thereforethe Loans and deposits become necessary and important to meet the financial needs ...
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Category : Income Tax |
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7 | Hits : 1213 |
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Do you build barriers or build bridges
Posted Date : 26-Sep-2011 , 08:06:55 pm | Posted By
AKHIL MAHESHWARI
Once upon a time, two brothers who lived on adjoining farms fell into conflict. It was the first serious rift (split) in 40 years of farming side-by-side, sharing machinery and trading labor and goods as needed without a hitch.
Then the long collaboration fell...
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Category : General |
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0 | Hits : 356 |
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Liquidation of Company-Procedure
Posted Date : 24-Sep-2011 , 06:07:56 pm | Posted By
CA.VIRAL JANI
WINDING UP- PROCEDURE UNDER COMPANIES ACT, 1956
Winding up is the process by which the normal activities of the corporation or association of person is stopped and the assets and liabilities of the association is assessed and distributed among the shareholders as per the existing a...
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Category : Corporate Law |
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0 | Hits : 914 |
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RTGS (Real Time Gross Settlement)
Posted Date : 20-Sep-2011 , 04:37:40 pm | Posted By
Neha Jain
What is RTGS Net Transfer?
RTGS is an abbreviated form of “Real Time Gross Settlement” which is a funds transfer mechanism characterised by money transfer from one bank toanother in real time and on gross basis. It is regarded as the f...
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Category : Banking |
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7 | Hits : 1377 |
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NEFT (National Electronic Funds Transfer)
Posted Date : 20-Sep-2011 , 04:34:06 pm | Posted By
Neha Jain
The NEFT Service is useful for the seamless transfer of funds from one branch to another without any delay or procedural hassle. The operations and functions of the system are similar to RTGS. We have become active member of NEFT system and introduced a new product called TMB e...
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Category : Banking |
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0 | Hits : 916 |
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Electronic Clearing Service (ECS)
Posted Date : 20-Sep-2011 , 04:29:35 pm | Posted By
Neha Jain
Electronic Clearing Service (ECS)
ECS is an electronic mode of funds transfer from one bank account to another bank account using the s...
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Category : Banking |
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0 | Hits : 880 |
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A 'Yes' Face
Posted Date : 20-Sep-2011 , 10:13:00 am | Posted By
Neha Jain
A 'Yes' Face
During Thomas Jefferson's presidency he and a group of travelers were crossing a river that had overflowed its banks. Each man crossed on horseback fighting for his life. A lone traveler watched the group traverse the treacherous river and then a...
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Category : General |
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4 | Hits : 374 |
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Removing Password from a PDF File
Posted Date : 18-Sep-2011 , 04:54:48 am | Posted By
Vikas
There’s a free Windows utility called BeCyPDFMetaEdit that can help you remove passwords from PDF files without making any other change to the document. (I am not sure why the developers picked such a complex name for this useful utility).
Here’s what you need to do:
1. Laun...
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Category : General |
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1 | Hits : 958 |
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Steps to Register a new Company
Posted Date : 18-Sep-2011 , 04:52:57 am | Posted By
Vikas
Do you want to start an Indian Company?
To register a company, you need to first apply for a Director Identification Number (DIN) which can be done by filing eForm for acquiring the DIN. You would then need to acquire your Digital Certificate and register the same on the portal. Therea...
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Category : Corporate Law |
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0 | Hits : 540 |
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