Mr.X, as a friend is more compatible to Mr.Y. At the same time, Mr.X is not compatible to Mr.Y as a friend. A same individual is compatible to one person but not compatible to another person. You all could have experienced this in your life. Compa
Professionals want to know the origin of their profession, the work done in olden times and the level of knowledge. I thought of sharing with you the history of Indian accounting and auditing profession. I discovered in Kautilyas Arthshastr
FAQ on GTA - Goods Transport Agency QUE. What is the effective date of levy? ANS. 01-01-2005 QUE. Any goods based exemption? ANS. Transportation of fruits, vegetables, eggs and milk, pulses and cereals (33/2004) QUE. Any value based exemption? AN
HOW TO DEAL WITH EXAM STRESS? Hello, my name is varsha and this is my first article. My article is about how to deal with exam stress. Sleepless nights, troubled thoughts, loss of appetite, rapid pulse, trembling hands these are typical exa
Though debt funds have got their own advantages, they are mostly ignored by common investors. Debt funds have got a unique place in your portfolio. Here are five simple situations, in which debt funds can be used by prudent investors. 1) To m
Merely making entry in books of account did not amount to provision of service Highlights of important judgement of the Honble CESTAT-Chennai in the case of M/s FUTURA POLYESTER LTD. versus COMMISSIONER OF CENTRAL EXCISE. CHENNAI-I [2013 (1)
Introduction: The new service tax law based on negative list taxation was effective from 1st of July 2012. Though there are a number of aspects and issues under the same, one of the main issues of conc
NOTE ON PERQUISITE TAXABILITY FOR CONCESSION IN SCHOOL FEES OR SCHOLARSHIP GIVEN BY THE EMPLOYER TO THE CHILD OF EMPLOYEE: 1. Taxability of Perquisites: As per section 17(2) (iv), Perquisite includes, any sum paid by the employer i
I felt a need to write about this important topic after experiencing that often times a fraud is detected by chance during the audit either by external or the internal auditors. The new auditors in profession and the auditors under training may sk
Ideally I should have been studying. Ideally I should not have gone for the marriage ceremony (studies is a good excuse for missing anything). Ideally I must not have watched the match. Ideally I must have been focussed just on my s
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