Posted Date : 24-Jul-2012 , 03:08:56 pm | Posted By Vikash Kumar Jha

Start Your Team on the Right Path Any manager who has put together a team — be it large or small, in-person or virtual — knows how difficult it is to get a group started off right. Next time you have to launch a team, try these three things to improve your chances of success: ...

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Category : International Business | Comments : 1 | Hits : 654

Posted Date : 24-Jul-2012 , 02:11:21 pm | Posted By Vikash Kumar Jha

Tax treatment of Provident Fund?EPF SPF PPF URPF Both the employer and employee contribute towards Provident Fund. The contribution made by employees is out of their own income and therefore no question of taxation arises as the entire amount has already been taxed. The contribution by the em...

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Category : Income Tax | Comments : 1 | Hits : 864

Posted Date : 24-Jul-2012 , 12:23:51 pm | Posted By CA.NAVEEN K R

  Dear Friends,   Let me introduce myself first, my name is Naveen K R.I am a Qualified Chartered Accountant (CA) and Company Secretary (CS). Thought of writing a small article on “Tax Planning” which would help all the members to plan there Tax in legal and legi...

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Category : Income Tax | Comments : 0 | Hits : 977

Posted Date : 23-Jul-2012 , 03:06:24 pm | Posted By Surendra Kumar Dash

                                                 Mandator...

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Category : Income Tax | Comments : 0 | Hits : 641

Posted Date : 23-Jul-2012 , 03:06:02 pm | Posted By Vikash Kumar Jha

                                              &n...

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Category : General | Comments : 1 | Hits : 603

Posted Date : 23-Jul-2012 , 09:31:16 am | Posted By Deepak Tanwar

Dear All, Requirements for becoming a Chartered Accountant Under the existing chartered accountancy scheme of education, training and examination, the requirements for becoming a chartered accountant are as follows: (i) Enrol with the Institute for Common Proficiency Test (CPT) af...

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Category : ICAI | Comments : 0 | Hits : 464

Posted Date : 21-Jul-2012 , 02:04:27 pm | Posted By Vikash Kumar Jha

Most important questions related  to filling tax returns and how costly can the delay in filling tax returns be?   Question:-First, what are the due dates? Answer:- Assessees having income from salary have to file return of income before July 31 of the assessment year. Thi...

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Category : Income Tax | Comments : 0 | Hits : 515

Posted Date : 20-Jul-2012 , 01:41:06 pm | Posted By Vikash Kumar Jha

House Property Income Tax Return Filling 10 Points:   Last Night, Mr. R K Sharma has asked very interesting 10 queries about how to treat House property Income in Income Tax return, we have tried to reply these queries here under and sharing with you as these may beneficial for all. ...

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Category : Income Tax | Comments : 0 | Hits : 1095

Posted Date : 20-Jul-2012 , 09:00:23 am | Posted By Deepak Tanwar

1) The Income Tax Act has placed an obligation on Taxpayer to file the Income Tax Return if the Gross Total Income of Taxpayer is more than maximum exempt limit, even if Taxpayer has no tax due. 2) As per Income Tax Act, for AY12-13, the maximum exemption limits are: Rs. 1.80 lacs for...

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Category : Income Tax | Comments : 1 | Hits : 1021

Posted Date : 19-Jul-2012 , 02:30:55 pm | Posted By Vikash Kumar Jha

How to e-file Income Tax Return -:  10 Steps Guide: 31st July is approaching fast which is the last date for filing of Income Tax Return for the Assesses who are not required to get there books of account audited under the provisions of Income Tax Act, 1961.  CBDT has recently vide&...

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Category : Income Tax | Comments : 0 | Hits : 939

Posted Date : 17-Jul-2012 , 02:48:23 pm | Posted By Surendra Kumar Dash

  ASSESSMENT OF AOP / BOI (Sec. 86)     The assessment of the members of AOP or BOI depends on whether the AOP or BOI is chargeable to tax at the maximum marginal rate or at slab rate or is not chargeable to tax at all.   Tax-treatment in the three case...

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Category : Income Tax | Comments : 0 | Hits : 1145

Posted Date : 14-Jul-2012 , 03:05:20 am | Posted By SHIKHA SONI

  1. Be Yourself It's great to watch other successful speakers, to see what they do and how they do it. To be a great speaker in your own right requires you to develop your own style, to speak using your own voice. Be yourself when you speak and you can't help but be successf...

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Category : Income Tax | Comments : 0 | Hits : 400

Posted Date : 14-Jul-2012 , 02:55:51 am | Posted By SHIKHA SONI

There are just a few aspects of life that we can truly control, and it's useful to know just what those areas are. If you don't know, you'll spend a lot of time blaming others for your own failings. Try and exert too much control in areas you shouldn't and the universe w...

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Category : General | Comments : 2 | Hits : 600

Posted Date : 11-Jul-2012 , 10:30:22 pm | Posted By CA ISHA MARFATIA

Following is the list of information and documents for obtaining DSC that one can collect via just one e-mail from client. So that we can avoid duplication of work and get perfect data. List of Information and documents for Organizational Client: Information 1.Name of the applicant ...

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Category : General | Comments : 0 | Hits : 646

Posted Date : 11-Jul-2012 , 04:42:02 pm | Posted By CA ISHA MARFATIA

KYC checking: For New account 1)      Name of the account holder 2)      Type of a/c saving/current/time/advance 3)      A/c no 4)      A copy of verified Identity proof 5)&...

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Category : Auditing | Comments : 7 | Hits : 14559

Posted Date : 11-Jul-2012 , 02:51:21 pm | Posted By Deepak Tanwar

    SECTION Nature of Failure/Default Authority who can levy penalty Quantum of Penalty SECTION 158BFA(2) ...

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Category : Income Tax | Comments : 0 | Hits : 1014

Posted Date : 11-Jul-2012 , 01:51:42 pm | Posted By CS Shilpi Bhardwaj

  Input Tax Credit - Reversal/Reduction Friends, I feel that we have been committing error of having more confidence in others than ourselves, and rather than doing little exercise oneself, we depend on certain selected ones to teach us what the law is, that can be the only cause, ...

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Category : General | Comments : 0 | Hits : 963

Posted Date : 11-Jul-2012 , 01:45:07 pm | Posted By CS Shilpi Bhardwaj

  Corporate accounting reporting and ethics need for CAs Introduction   All around us there is this talk of lack of ethics, corruption, inability of a normal Citizen to get justice in time, so on and so forth. The biggest irony is that the  normal  citizen wh...

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Category : General | Comments : 0 | Hits : 396

Posted Date : 11-Jul-2012 , 09:08:26 am | Posted By Deepak Tanwar

Dear All,   After budget 2012, there is lot of confusion as to frequency of filing of  Service Tax Return. Budget 2012 Presented by Finance Minister on 17.03.2012  proposed that the cycles for the payment service tax and filing of return should coincide.  In View ...

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Category : Service Tax | Comments : 2 | Hits : 2676

Posted Date : 10-Jul-2012 , 09:09:59 am | Posted By Deepak Tanwar

Dear All,   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 2009-10 or later.   Step 2: Carefully examine the intimation to see if the computation by CPC i...

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Category : Income Tax | Comments : 0 | Hits : 965