Posted Date : 24-Sep-2012 , 11:04:17 am | Posted By Mukul Gulati

Now that the extended last date for filing your Income tax returns for the year 2011-2012 is over on 31st August 2012, what options do people who have missed the deadline have?   How about filing the returns now after the due date?   He...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 517

Posted Date : 21-Sep-2012 , 03:30:21 pm | Posted By Namrata

  Malware, short for malicious software, is a software that is designed to damage a computer,a network or a mobile device. It can disrupt computer operation and obtain sensitive and personal information of the user without his knowledge. Malware is different from a legitimate softwa...

Continue Reading...

Category : General | Comments : 0 | Hits : 454

Posted Date : 20-Sep-2012 , 04:14:32 pm | Posted By Mohit Gupta

  Negative people can often be very mean and selfish in their remarks. The golden rule is to learn to ignore what they say completely.  - Before they start talking, it’s a good idea to start the conversation on a positive note and avoid topics that even skim the edges of ...

Continue Reading...

Category : General | Comments : 1 | Hits : 2831

Posted Date : 20-Sep-2012 , 12:22:22 pm | Posted By CA.Vijay M Narwani

  NOTIFICATION NO. 37/2012 [F.NO. 142/18/2012-SO(TPL)] DATED 12-9-2012  In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, na...

Continue Reading...

Category : Income Tax | Comments : 1 | Hits : 761

Posted Date : 19-Sep-2012 , 11:41:28 pm | Posted By Mukul Gulati

Understanding consideration to determine Service Tax payable Clarity is must as far as the term consideration is concerned. The phrase ‘consideration’ has not been defined in the Act. But the explanation (a) of section 67 gives inclusive definition of ‘consideratio...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 705

Posted Date : 19-Sep-2012 , 11:40:34 pm | Posted By Mukul Gulati

Financial Modelling Financial modelling means creating an abstract form of a financial decision of an organization.  The decision can be regarding a cost of project, financial planning, discounted cash flow, capital budgeting. Normally financial modelling is done by MBA or financial Ana...

Continue Reading...

Category : Finance | Comments : 0 | Hits : 525

Posted Date : 19-Sep-2012 , 11:38:17 pm | Posted By Mukul Gulati

FDI IN LLPs IN INDIA AND SUITABILTY OF LLP STRUCTURE IN INDIA   Limited Liability Partnership (“LLP”) is a developing form of corporate structure in India for doing business in India. It is a mix form of a limited liability company and a partner...

Continue Reading...

Category : General | Comments : 0 | Hits : 488

Posted Date : 19-Sep-2012 , 11:34:47 pm | Posted By Mukul Gulati

Be Passionate Being passionate towards the aim is big concern for everyone.  Passion is the magical power which ultimately cultivates the attention. Whenever we are passionately concerned about anything, we get ourselves fully indulged into it. Many people would say whenever I play crick...

Continue Reading...

Category : Students Zone | Comments : 0 | Hits : 322

Posted Date : 17-Sep-2012 , 02:06:55 pm | Posted By CMA Arif Farooqui

Dear Professional Friends,   There is much cry about FDI in retail but on analysis it on economical point of view, I found in present situation, FDI in retails in very beneficial for Indian Economy. If you remember, same type of buzz was created at the time of implementation of VAT i...

Continue Reading...

Category : General | Comments : 0 | Hits : 673

Posted Date : 16-Sep-2012 , 10:36:32 pm | Posted By Mukul Gulati

Server in a small office: How it can save time and costs Small firms with 1 to 3 partners and not with big budgets are not in a position to employ or hire costly software professionals and thus cannot reap the benefits and facilities that are available to them within their computers. Ther...

Continue Reading...

Category : General | Comments : 0 | Hits : 345

Posted Date : 16-Sep-2012 , 10:34:29 pm | Posted By Mukul Gulati

TRU has issued a Circular No. 164/15/2012-ST dated August 28, 2012 clarifying certain issues in relation to levy of service tax on certain vocational education/training/ skill development courses (VEC) offered by the Government (Central Government or State Government) or l...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 660

Posted Date : 16-Sep-2012 , 10:33:23 pm | Posted By Mukul Gulati

 WHAT IS A NON-PROFIT MAKING COMPANY   Any association desirous of being incorporated as a company with limited liability, without the addition of the word “Limited” or the words “Private Limited” as the case may be, shall make ...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 1100

Posted Date : 16-Sep-2012 , 10:32:18 pm | Posted By Mukul Gulati

Futures - Backlog of Finance/Stock Market IMPORTANT: This time we thought to write on something different & the first thing that came into our mind was “Futures“. The one who can’t relate to it – It’s the chapter that you will be studying in SFM as well i...

Continue Reading...

Category : Finance | Comments : 0 | Hits : 417

Posted Date : 16-Sep-2012 , 10:30:54 pm | Posted By Mukul Gulati

 Accounting:  AN INTRODUCTION   All businesses are required to keep track of their income and assets over a period of time. Accounting thereby, emerges as a critical component of any business operation.   Accounting offers var...

Continue Reading...

Category : Students Zone | Comments : 0 | Hits : 319

Posted Date : 15-Sep-2012 , 08:55:38 pm | Posted By Mohit Gupta

  Today’s senior citizen has many more challenges to face than in days past e.g. the increasing inflation and healthcare costs. They also have to look at the threat of capital erosion and fluctuating interest rates. With smart planning an older couple/individual  can manage th...

Continue Reading...

Category : Finance | Comments : 0 | Hits : 1736

Posted Date : 14-Sep-2012 , 10:50:48 am | Posted By Mukul Gulati

25 HR Interview Questions Tell me about yourself. Since this is often the opening question in an interview, be extra careful that you don’t run off at the mouth. Keep your answer to a minute or two at most. Cover four topics: early years, education, work history, and recent caree...

Continue Reading...

Category : Students Zone | Comments : 0 | Hits : 1782

Posted Date : 14-Sep-2012 , 10:47:10 am | Posted By Mukul Gulati

Find below some useful tips as desired by you:   First and most important point to improve your memory is focus on conceptual study.   Another suggestion would focus on regular study and say bye bye to cramming.  Pre...

Continue Reading...

Category : Students Zone | Comments : 0 | Hits : 964

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 ...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 743

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...

Continue Reading...

Category : Students Zone | Comments : 0 | Hits : 1548

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...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 672