SECTION 192 : DEDUCTION OF TAX FROM SALARY SECTION 192(1): Tax to be deducted at average of income-tax The total tax to be deducted, on the estimated income of the employee for the relevant financial year, is divided by the number o
While addressing a large gathering at the concluding ceremony of 150 Years of Income Tax Department at Delhi, Hon President Mrs. Pratibha Patil made few important statements thats needs appreciation, these are:-1. An environment of
The COSO defines Internal Control as a process, effected by an entitys board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories: ef
Hi, I have decided to share my reply to expert section regarding how to prepare for CA Final in 2 months: As per my suggestion Preparation for CA Final
Why dont we introduce Petroleum Income-tax In India? We all know that Petrol costs goes up day by day probably intra-day in future. Everybody is struggling to get p
US economic politicians have simply downgraded the economic strength of US through the on going tussle over the debt ceiling limit hike. Negative sentiments have become the smell over the US FED and on the government hold treasury cakes. The US go
Dear All, This is to inform you all that with reference to the decision passed by the Honble Supreme Court of India in the matter of Idea Mobile Communication Ltd. v. Commissioner
Hi guys! I cleared my IPCC GROUP 1 in may 2011 in first attempt. In todays scenario, it may not be a big deal but still, yes, it is a big deal fo
A very Good morning to all the member's of CCI family. Today i am here to discuss upon a very vital topic i.e " SEZ - Special Economic Zone " - A Need for Enterprises. I promise you all, i will not use any law language, so that you all
Reversal of Input Service Credit in case of service Debtors written off in the books of accounts A. Insofar, there is no provision in the CC Rules for reversal of input service credit in case services Debtors are written-off. B. For
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)