The Tax Deduction at Source (TDS) on payment for hotel accommodation has always been a controversial issue. The assessee comes across a situation where he pays for the hotel accommodation taken for the guests of the entity in usual course of busines
FILING RETURN OF INCOME FOR INDIVIDUALS FOR F.Y ENDING 31-03-2012 (A.Y. 2012-2013) A. OBLIGATION TO FILE THE ROI: Any Individual who has earned income during the previous year & his income is more than threshold limit is required to file Ret
I am an MBA and still trying to understand various facets of this financial world. Whenever I think that I have learned enough of this and I know everything, there always comes in front of me a whole new asp
Issue of Supplementary Invoice - Consequent to Changes in Finance Bill, 2012 With effect from April 1, 2012, Notification No. 4/2012 ST dated 17.03.2012 has brought a change which affects all the service providers who have been working on cash bas
Forever is composed of nows. ― Emily Dickinson It matters a lot to me to write on this platform. So though I am always running against the clock, I decided to shell out some time and share with CCI, something that I gravely believe in
The world moves around the money. Everybody wants economic freedom and security. India comes at top position when we talk about savings, but we are not as good investers as we save. One can use or waste money easily. Arrangement and management of mo
Excise Duty & Customs Duty Exemptions for Supplies made to Mega Power Project. That all the equipment supplied for the setting up the mega power projects enjoys both customs and excise duty exemptions.
We are hearing a lot about this term Fiscal Deficit and more likely it has been depicted as the Devil behind all this recent economic mayhem experienced in India.You talk to any International Investment banker / Analyst / Economist and
Economic Crisis in the west is getting murkier by the passing day. Europe is struggling with Euro. Greece seems to be the first in a series of bail-outs which might give some momentary relief but to my mind it is not the solution to the prob
Do you book profit or book loss? You have bought the shares of ABC Ltd at a rate of Rs.100 per share. The current market price is Rs.150 per share. Also you have bought the shares of XYZ Ltd at a rate of Rs.200 and the current market price is Rs
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