Articles by CA Prashant Gupta

Investment in Equity-some points to see

CA Prashant Gupta 19 January 2013 at 15:53

BSE Sensex toched the magic mark of 20000 on Tuesday 15th January 2013. Expectations with the market is increasing. Normal man is thinking to make it as an asset to earn profit. But it is not the market in whi

A Small Note on Related Party Disclosure

CA Prashant Gupta 17 January 2013 at 12:39

A Small Note on Related Party Disclosure Sometimes relation between two or more enterprises effects the arm length price transactions between them. To know the effect of this relation on financial statement, one must know this relation. For this p

Rajiv Gandhi equity saving scheme sec 80CCG

CA Prashant Gupta 03 July 2012 at 13:52

Finance Act 2012 has inserted a new section 80 CCG, This will be applicable for the A.Y. 2013-14. Following conditions must be fulfilled to claim this deduction: i. The gross total income of the assessee for the relevant Assessm

Tax Havens- An overview

CA Prashant Gupta 07 May 2010 at 11:17

Tax Havens- An overview A tax haven is a country or territory where certain taxes are levied at a low rate or not at all. Individuals and/or corporate entities can find it attractive to move themselves to areas with reduced or nil taxation levels.

RTI Act 2005- An Overview

CA Prashant Gupta 05 May 2010 at 11:26

RTI Act 2005- An Overview Freedom of information is a fundamental human right and… the touchstone of all the freedoms to which the United Nations (UN) is consecrated. Resolution 59(1) adopted by United Nations General Assembly in its first

Tricks on how to study more in less time

CA Prashant Gupta 08 March 2010 at 11:26

Some tricks which I got from some time management lectures and some are developed by me are here to share with all.

How to become Perfect

CA Prashant Gupta 22 February 2010 at 10:26

How to become Perfect There is a joke “Practice makes a man perfect and No body is perfect so why practice.” True I agree but I say why can't we act or show for sometime that we are perfect. There is no problem in it. Why can&rsquo

Sec 195- TDS on NRI

CA Prashant Gupta 08 February 2010 at 12:19

Sec195- TDS on NRI Sec 195- though its heading is ‘other sums’ it deals with payment to NRIs other then Salary income. According to Sec 195 when payment is credited or paid to any NRI for interest or other sum excluding Salary is liabl

Carbon trading-business for saving environment

CA Prashant Gupta 29 January 2010 at 13:42

Carbon Trading- Business for saving environment Carbon Trading is a platform where Carbon credits can be sold and purchased. This concept arises as part of Kyoto Protocol. Carbon Credits are measured in units of Certified Emission Reductions (CERs).

Transfer Pricing

CA Prashant Gupta 28 January 2010 at 14:07

Transfer Pricing Sometime an Indian company can associated with a foreign company which is situated in other country. Indian company can purchase on high price or sale it on lower price to shift its profit. In this way a part of profit is transferre