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Insurance- a Financial Planner?
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 : 328

Tax Accounting for Constructions Contracts
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 : 694

Treatment oF Preliminary Expenses Under Revised Schedule VI
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 : 17735

Status of HUF as a Partner in a Partnership Firm
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 : 1212

Filing tax returns in odd situations
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 : 451

PERSONAL DEVELOPMENT AND GOAL SETTING TIPS
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 : 639

Section 54 exemption not available on House not having basis amenities
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 : 507

Cloud Computing
Posted Date : 05-Sep-2012 , 04:33:03 pm | Posted By Mukul Gulati

Cloud Computing – Opportunities and Challenges for CAs Let us see this concept of Cloud Computing in short and sweet manner along with the opportunities and challenges for Chartered Accountants in this field.   Cloud computing is ...

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Category : Students Zone | Comments : 0 | Hits : 1121

Word Meaning Related to Ethics & Communication
Posted Date : 05-Sep-2012 , 12:41:02 am | Posted By Mukul Gulati

Word Meaning Related to Ethics & Communication Words Meaning Remarks Verdict ---------------------Judgement, Decision Petition----------------- ---Appeal, Formal Request, Plead Deserve --------------------To Be entitled Aspiration Goal----------Objective, Target,...

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Category : Corporate Law | Comments : 0 | Hits : 468

A Golden Way to Curb Corruption & Black Money
Posted Date : 04-Sep-2012 , 04:50:35 pm | Posted By Mukul Gulati

A Golden Way to Curb Corruption & Black Money Money has become an integral part of our life and it seems we all are satisfied with this system. It has been a long time since Barter system has been replaced by Money System and Currency in the form of Coi...

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Category : General | Comments : 1 | Hits : 701

Benefits u/s 80ID
Posted Date : 04-Sep-2012 , 04:33:50 pm | Posted By Mukul Gulati

Benefits u/s 80ID Five year tax holiday for hotels located in specified districts having a world Heritage Site:   Section 80-ID of the Income-tax Act provides for a five year tax holiday to new hotels of two, three and fo...

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Category : Income Tax | Comments : 0 | Hits : 552

IPO by the Small and Medium Enterprises
Posted Date : 01-Sep-2012 , 06:51:50 pm | Posted By CA. Ajay Agrawal

National Stock Exchange on 31th August 2012 issued detailed guidelines for its new trading platform for shares of small and medium enterprises (SMEs), where the first Initial Public Offer by a company would begin on September 4.  As per a circular issued by NSE, all membe...

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Category : Shares & Stock | Comments : 0 | Hits : 682

ST- Partnership Firm and Remuneration to Partners
Posted Date : 01-Sep-2012 , 06:42:18 pm | Posted By CA. Ajay Agrawal

    Capital contributed by a partner and remuneration paid or payable  by a firm to its partners, both, are not liable to service tax. -                                &nb...

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Category : Service Tax | Comments : 0 | Hits : 1281

PCC/IPCC Useful: Proxy Provisions - A Procedural Analysis
Posted Date : 31-Aug-2012 , 03:46:45 pm | Posted By Mukul Gulati

PCC/IPCC Useful: Proxy Provisions - A Procedural Analysis Please find below a useful article covering some relevant information regarding Proxy in public and private company. Hope this article would be off some help in your professional working: PROXY Section 176 of the Companies Act...

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Category : Corporate Law | Comments : 0 | Hits : 467

How to improve English speaking skills?
Posted Date : 31-Aug-2012 , 03:45:09 pm | Posted By Mukul Gulati

How to improve English speaking skills? 2 line bio - The main problem faced while trying to speak in English is that if we don't live in an English-speaking atmosphere and don’t have friends or family to speak English with, we can’t practice English speaking skills? There ...

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Category : General | Comments : 0 | Hits : 769

For those who did not pass last CA Exam
Posted Date : 31-Aug-2012 , 03:43:49 pm | Posted By Mukul Gulati

For those who did not pass last CA Exam Hello Friends, Well through this simple post I would like to convey something to those students who did not clear their CA Exams in May 2012 for certain reasons. My message is quite clear. Have a look at it: Hey Friends...believe me you do not n...

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Category : Students Zone | Comments : 0 | Hits : 695

An Excellent Poem On MOTHER - Beautiful
Posted Date : 31-Aug-2012 , 03:41:28 pm | Posted By Mukul Gulati

I was a just-born and she was Twenty-Five, Though we were we, we were one. I would cry out in Latin and she would respond in Greek, I would learn nothing but she never got tired to teach. I was surrounded by monsters eager to pull my cheek, but they would vanish the moment i was wet ...

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Category : General | Comments : 0 | Hits : 487

A closer look cum inter-action with Success!!!
Posted Date : 31-Aug-2012 , 03:39:45 pm | Posted By Mukul Gulati

A closer look cum inter-action with Success!!! Hello Students, As we all know that the word success is something very special for everyone. In today’s time it is a need for everyone to survive. Everyone wants to achieve the same at any cost. But based on the corporate environment ar...

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Category : Students Zone | Comments : 0 | Hits : 284

Auditing - A Beginners Guide
Posted Date : 31-Aug-2012 , 03:38:27 pm | Posted By Mukul Gulati

Auditing - A Beginners Guide A couple of days before a new intern joined my firm, and believe me he was too frightened. He asked me that you all are involved in Auditing Line, so give me some tips so that it will help me out for my future projects. “Points to be considered wh...

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Category : Auditing | Comments : 0 | Hits : 1485

Managing Your Studies with a Full Time Job
Posted Date : 31-Aug-2012 , 03:36:52 pm | Posted By Mukul Gulati

Managing Your Studies with a Full Time Job “How to Manage Your Studies with a Full Time Job.”  Some of the disadvantages which we always find are: ·         Very little time to study. ·   ...

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Category : Students Zone | Comments : 0 | Hits : 379

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