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Fishing inquiries unconnected with reasons

Posted by Amit Bajaj 01 August 2012 15081 Views

It is generally seen in the reassessment proceedings u/s 147 of Income Tax Act, 1961, the assessing officers tend to make inquiries and ask ques



India's Reform Path: 21 Years on

Posted by Pankaj Pendse 30 July 2012 9767 Views

The one word cover story of the Worlds Most Reputed Magazine set a lot of hue and cry a few days ago! It was the biggest humiliation when the real architect of 91 economic reforms was accused of being Underachiever. All said and done!!! Even



The Champion in Me

Posted by Member (Account Deleted) 30 July 2012 21355 Views

I was 2 days old & was surrounded by all kinds of people. Someone was a millionaire, someone was a business tycoon followed by people of all different caste & creed & everyone laughing on me. I looked u



Monetary Benefits for Tree Plantation

Posted by Paras 25 July 2012 19384 Views

Benefits for Tree Plantation I aim at planting a good idea in your mind. Carbon production is rising daily by huge volume. Gases like Carbon Monoxide (CO) and Carbon dioxide (Co2) continue to increase their share in atmosphere as you read this a



Clause 36(1)(viia)

Posted by Member (Account Deleted) 25 July 2012 48937 Views

Many banks are in the state of confusion that they cant take the benefit of both the section 36(1)(vii) and 36(1)(viia) of Income tax Act. In this article I have tried to explain logically by historical approach of these sections. [1] FOR



First Interview bubbles

Posted by Member (Account Deleted) 25 July 2012 23885 Views

First Interview: Your interview has been scheduled after two days on Wednesday 1st March 2012 at 12.30pm IST.Hearing this cold blood runs through your spine. Within hours the entire neighborhood, family, friends, relatives kn



An Open Letter to CA Final May '12 Students

Posted by Aniket 23 July 2012 40803 Views

Dear Students, Youve just received your CA Final results on 19th July. I am fully aware of the tension, nervousness and the pain in the stomach for the few days preceding the CA result.



The Process of Verification of Marks

Posted by angshuman 23 July 2012 19537 Views

An examinee of CA exams can apply for verification of his/her answer books, either physically in his/her own handwriting, or on-line from http://icaiexam.icai.org within a month from the date of declaration of results. The process of verification of



Promissory Estoppel

Posted by sivadas chettoor 23 July 2012 16978 Views

1.0 INTRODUCTION All of us know what estoppel is. I first heard about it when I was reading section 28 of the Partnership Act, 1932 which provides that a person holding out to an outsider



Intangible Assets - An yardstick to measure company's value

Posted by CA Rashmi Ainapur 20 July 2012 12414 Views

Introduction: Measurement or Valuation process aims at estimating the value of asset, liability or a firm, based on risk and return factors. Valuation may be of company as a w




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