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Alternate Minimum Tax (AMT) applicable on all persons other than companies:Budget 2012
Posted Date : 04-May-2012 , 10:48:04 am | Posted By CA Vikas Maheshwari

Under the existing provisions of the Income-tax Act, Minimum Alternate Tax (MAT) and Alternate Minimum Tax (AMT) are levied on companies and limited liability partnerships (LLPs) respectively. However, no such tax is levied on the other form of business organisations such as partnership firms, so...

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Category : Income Tax | Comments : 0 | Hits : 2162

BALANCE SHEET OF LIFE
Posted Date : 03-May-2012 , 04:42:58 pm | Posted By Surendra Kumar Dash

BALANCE SHEET OF LIFE   §  “Our Birth is our Opening Balance, §  Our Death is our closing Balance, §  Our Prejudicial views are liabilities, §  Our Creative ideas are our asset”. §  Heart is our current ass...

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Category : General | Comments : 1 | Hits : 1012

Financial Literacy & Consumer protection
Posted Date : 01-May-2012 , 06:05:10 pm | Posted By Niraj Bisht

Source : www.rbi.org.in                                          &nb...

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Category : Banking | Comments : 0 | Hits : 580

What is the main effect of facility of supply of Certified answer books
Posted Date : 01-May-2012 , 03:45:59 pm | Posted By Gaurav Mittal

            After giving facility to students to arrange a certified copy of answer books on a reasonable amount. Direct effects of this facility on Valuation result.             Now ...

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Category : Students Zone | Comments : 0 | Hits : 435

What mistakes do the companies make while introducing change?
Posted Date : 01-May-2012 , 03:29:57 pm | Posted By Vikash Kumar Jha

  What mistakes do the companies make while introducing change? While introducing the change it is obvious character of that time which leads towards some mistakes such as Under-communication leaves those responsible for executing the new changes with a lack of clarity of the...

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Category : General | Comments : 0 | Hits : 342

A thought provoking note and a reality of life
Posted Date : 01-May-2012 , 12:55:49 pm | Posted By Akanksha Handa

A thought provoking note and a reality of life….. Long time ago, there was an Emperor who told his horseman that if he could ride on his horse and cover as much land area as he likes, then the Emperor would give him the area of land he has covered. Sure enough, the horseman quickly...

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Category : Income Tax | Comments : 0 | Hits : 619

What role can employees play towards ensuring a smooth change management process?
Posted Date : 30-Apr-2012 , 11:08:05 pm | Posted By Vikash Kumar Jha

  What role can employees play towards ensuring a smooth change management process? Let see, in our practice individual contributors who take the initiative to understand the reasons behind the need for change initiative, it’s a potentials benefits and pitfalls that could derai...

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Category : General | Comments : 0 | Hits : 356

Why are people wary of introducing changes in their Company?
Posted Date : 30-Apr-2012 , 11:05:41 pm | Posted By Vikash Kumar Jha

Why are people wary of introducing changes in their Company? First, Change is uncomfortable -: Anyone who has attempted to change even his and her behavior even when it would have obvious benefits. For Example, exercising more regularly, eating heather food, developing the talent, etc. Knows ...

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Category : General | Comments : 0 | Hits : 277

Abolishing benefit of Exemption limit in case of Undisclosed Income
Posted Date : 29-Apr-2012 , 04:37:29 pm | Posted By CA Ramesh K Chhajer

  ABOLISHING BENEFIT OF EXEMPTION LIMIT IN CASE OF UNDISCLOSED INOCME As currently provided U/S 68, 69, 69A, 69B, 69C, and 69D, if any undisclosed income is found then the Tax on such income is being calculated as per the Slab Of Income Tax and the benefit of exemption limit is being...

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Category : Income Tax | Comments : 0 | Hits : 509

Solid beezatti on Facebook Chat
Posted Date : 29-Apr-2012 , 03:15:24 pm | Posted By Vikash Kumar Jha

Solid beezatti on Facebook Chat Conversation : . Boy: Hey! . ... Girl: What? . Boy: Hi . Girl: Bye! . Boy: Why? . Girl: Didn't heard What I Said? Get Lost! . Boy: Okay As you Wish! But I Wanna Say Some...

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Category : General | Comments : 2 | Hits : 1208

Heart Touching....!!!!!!!
Posted Date : 29-Apr-2012 , 03:12:17 pm | Posted By Vikash Kumar Jha

Heart Touching....! Kabhi pehli baar school jaane mein darr lagta tha, Aaj har rasta khud hi chunte hai..!! ... Kabhi mummy-papa ki har baat sacchi lagti thi, Aaj unhi se jhooth bolte hai..!! Kabhi chhoti si chot kitna rulati thi, ...

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Category : General | Comments : 0 | Hits : 425

Inspiring Quotes
Posted Date : 29-Apr-2012 , 12:04:39 am | Posted By CA Ashutosh Rajhans

Some of the Inspiring Quotes which tell not to give up in life so WE can learn something from these Quotes   1) Never expect things to happen.. struggle and make them happen.  never expect yourself to be given a good value ,create a value of your own   ...

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Category : General | Comments : 0 | Hits : 369

Automatic Cancellation of Registration for Excise, Service Tax on Cards
Posted Date : 29-Apr-2012 , 12:01:31 am | Posted By CA Ashutosh Rajhans

Automatic Cancellation of Registration for Excise, Service Tax on Cards   Registration of a manufacturer will be cancelled automatically if excise duty returns are not filed for six months, as per the latest government proposal. In case of a service provider, the regis...

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Category : Excise | Comments : 1 | Hits : 783

Travel Insurance
Posted Date : 26-Apr-2012 , 10:48:57 pm | Posted By Shilpi

Travel Insurance is an insurance that covers unexpected losses incurred while travelling, nationally or internationally. It may involve baggage loss, delay in trip, accidents, emergency conditions in pre existing diseases, unavoidable natural or artificial calamities etc.  ...

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Category : General | Comments : 0 | Hits : 357

15 Secrets to Boost Your IQ
Posted Date : 26-Apr-2012 , 01:30:57 am | Posted By SHIKHA SONI

  The same reason that people visit the gym on a regular basis is probably the same reason you’re interested in raising your IQ. We just aren’t challenged enough physically or mentally. Setting aside time to work your mind out and organizing your various mental muscles can he...

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Category : Students Zone | Comments : 1 | Hits : 634

Commitment Towards Success............
Posted Date : 25-Apr-2012 , 03:11:53 pm | Posted By Madhu Kiran

  Commitment towards success   Friends do you remember that “Rabbit Vs Turtle” story which we learn in our lower class, let me once again tell this story to you.   The Rabbit and the Turtle:     &ld...

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Category : Students Zone | Comments : 0 | Hits : 399

My Love Story...............
Posted Date : 25-Apr-2012 , 03:10:46 pm | Posted By Madhu Kiran

  Friends, Please don’t shock with the name I mentioned there to this forum…. Although this is a Professional website but all of you are my dear friends now. So, I wanted to share my personal LOVE story (currently running) with all of you.   S...

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Category : Students Zone | Comments : 3 | Hits : 1229

Never Give Up.....!
Posted Date : 25-Apr-2012 , 03:07:28 pm | Posted By Madhu Kiran

U Can never Fail Friends many of our friends will say that “ Arey Yaaar till now I attempted 5 attempts but I am unable to clear C.A(IPCC or FINAL) and I know that in future also it is not possible to clear it, so I leaving C.A and Bye Bye to CASANSAAR” ...

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Category : Students Zone | Comments : 0 | Hits : 906

Earning Rs 10 lakh? You have to e-file returns- ET
Posted Date : 24-Apr-2012 , 11:04:13 am | Posted By Rishabh Upadhyay

You will soon get the Form 16 with details of your income and taxes paid from your employer. Then you have a couple of months to file your tax returns. However, the Central Board of Direct Taxes (CBDT) has issued a notification which has made it mandatory for individu...

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Category : Income Tax | Comments : 0 | Hits : 654

TDS ON DIRECTORS REMUNERATION
Posted Date : 22-Apr-2012 , 02:25:04 pm | Posted By CA Ramesh K Chhajer

  TDS ON DIRECTOR REMUNERATION As per current provisions of Income Tax Act 1961, an employer has to deduct Tax at source on the salary paid to employees as per the provisions U/S 192 of Income Tax Act 1961, and in the scope of the term employee, it also includes Managing Director and...

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Category : Income Tax | Comments : 0 | Hits : 3711

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