Posted Date : 14-Sep-2012 , 10:43:14 am | Posted By Mukul Gulati

Step 1: Make sure you have received an intimation under section 143 (1) from CPC Bangalore for the E-returns filed by you for AY 2012-13 or later.   Step 2: Carefully examine the intimation to see if the computation by CPC is correct even if different from ...

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Category : Income Tax | Comments : 0 | Hits : 716

Posted Date : 14-Sep-2012 , 10:41:46 am | Posted By Mukul Gulati

Dear CS, CA and CWA Students   According to us Scanner plays an important role in CA or CS Exams. But 100% dependency on Scanner is not advisable. Simply because there is no need to do so. Our Institute Study Material is full of various exam oriented topics...

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Category : Students Zone | Comments : 0 | Hits : 1534

Posted Date : 14-Sep-2012 , 09:52:26 am | Posted By Mukul Gulati

Hello Friends,   Through this brief write-up I would like to share with you the importance of first attempt success in CA/CS or any other professional examination. According to me Negative Exam result/failure is not very serious problem and not the end of w...

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Category : Income Tax | Comments : 0 | Hits : 667

Posted Date : 14-Sep-2012 , 12:34:25 am | Posted By SUMIT GERA

  HOW TO APPLY NEW SERVICE TAX NUMBER   Applying service tax number is very very very easy you just need 10 minutes for that, so if u Want to apply service tax number just follow these few simple steps-   1 Open your browser and go to wwww.aces.gov.in and select...

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Category : Excise | Comments : 1 | Hits : 3664

Posted Date : 13-Sep-2012 , 01:13:38 pm | Posted By Mohit Gupta

Investors can invest in gold through ETFs as well through e-gold of national spot exchange.There are some minor differences in ETF and e-gold. Fund managers track gold prices through Net Asset Value (NAV).NAV of Gold ETF is net of liabilities so NAV and returns of...

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Category : Shares & Stock | Comments : 0 | Hits : 735

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 | Comments : 0 | Hits : 1564

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 | Comments : 0 | Hits : 711

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 | Comments : 0 | Hits : 904

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 | Comments : 2 | Hits : 468

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 | Comments : 1 | Hits : 1676

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 | Comments : 0 | Hits : 250

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 | Comments : 1 | Hits : 1571

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 | Comments : 0 | Hits : 311

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 | Comments : 0 | Hits : 305

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 | Comments : 0 | Hits : 661

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 | Comments : 2 | Hits : 17720

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 | Comments : 1 | Hits : 1190

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 | Comments : 0 | Hits : 441

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 | Comments : 0 | Hits : 624

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 | Comments : 0 | Hits : 498