Generally an assessee is taxed in respect of his own income. But there are some cases where assessee has to pay tax in respect of income of another person. In the case of individuals, income tax is levied on a slab system on the total income.
Respected Editor, You have given recognition to me by publishing my article on 5th of this month which had a hit of more than 3500, and now am submitting an important article on Unjust enrichment based on the CESTAT, Ahmedabad judgment which will be
Fair Market Value (FMV) / Open Market Value (OMV): Price is a fact, value is an estimate what the price ought to be and worth is what it is worth to an individual. FMV / OMV is if one sells in open market under norma
Just when results are out for many it might be a dream come true (Congrats!!) but these article most of it belongs to those who gave their best shot but yet missed a chance with an almost hit. Frens I had read somewhere a very amazing thought &ldquo
Thank you all for reading my previous article, "Top tips for a successful interview". The article got a huge response with lots of positive comments. It is the feedback of readers that enables a writer to further improve his writing sk
The Joint Venture (JV) represents a newly created business enterprise; its participants continue to exist as separate firms. A joint venture can be organized as a partnership firm, a corporation or any othe
In India, We take most of the laws/Rules as granted one & feel we are complying with rules without studying in depth of penalty provisions of law. Indian Income Tax Rules /sections are one of those laws. Most of the people feel or under impre
Din Approval by Professionals: A Wrong initiative of MCA (Personal VIewPoint)I am writing this article on approval of DIN after two years of notification by MCA regarding approval of DIN by Professionals. I am not against the process of MCA to sim
Rupee is falling. Growth rate is falling. Economy is nervous and it is complete U turn from a couple of years ago when President Obama visited India. This is when there is no change of guard at the helm. Then what has gone wrong? A peek little deepe
Do you remember what you did before buying your first bike? Made a research on various brands, looked at the trend of each brand & the product on how they worked and chose the best one you liked, right? Even though, your bike helps you to travel
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