TRANSFERRING AN IMMOVABLE PROPERTYThere are five main categories of property transfers namely sale / purchase, mortgage, lease, gift and exchange. These five ca..
I submitted an article named �constructive preparation for examinations� in this forum on 27th January 2011. That article was published under the &l
The future education seems destined for digital revolutionary methods of imparting a great deal of knowledge to the learners. The course of education will be enshrined digitally. The sense of digital learning pervades globally and reaches the pinnacl
The professional courses such as Chartered Accountancy or Company Secretary or Cost Accountancy courses were designed in such a way that, in accomplishment of the goal, the student has to pursue the course. Just studying the course is insufficient to
Capital gains was first introduced in 1946 and was in operation only for a short period, that is, in respect of capital gains which arose during the period from 1st April, 1946 to 31st March, 1948. Later it was modified and reintroduced for the purpo
The development of a nation is measured by Gross National Product (GNP) or Per Capital Real Income (PCRI). The above two are the economic indicators used to measure the economic development of a nation. There are non-economic indicators which are of
The higher education sector, real estate deals, mining income etc., are major sources of India�s black economy (hereafter mentioned to as �informal economy / informal income / informal money�) and is nearly 75% of the size of its re
Depreciation is an allowance on capital assets acquired and put to use and not an expenditure unlike repairs to machinery, plant or furniture. It need not be incurred by the assessee
Introduction Will is a legal declaration of the intention of a testator through testamentary instrument with respect to his property, which he desires to be carried into effect after his death. It includes codicil and every document in writing mak
The voluntary tax compliance by the taxpayers considerably widened after the insertion of tax audit under section 44AB in the Income-tax Act, 1961 by the Finance Act, 1984. An important revision to Tax Aud