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Recommendations of Tax Accounting Standards (TAS)
Brief Recommendations put by the committee are summarized here under: • As per AS 1 talks on the concept of prudence, But TAS (AP) does not permit differential treatment of expected income & Losses unless permitted by any other TAS &b
ERP (SAP) Basics
My zeal for ERPs was the reason for my rendezvous with the director. I was speechless to hear Some of my employees behave as cheap as chips. Id never seen the owner of a 2200 crore company running off at his mouth. Those word
Risk management
In forex management we can just manage the risk but cant eliminate the risk. Lets find out the approaches of risk management :- Do nothing :- This strategy is followed when risk amount is low or otherwise chance
Merger and Acquisition basics
Merger & Acquisitions Merger refers to a situation where two or more existing firm combine to form a new entity either a new firm is incorporated or one of the existing firm survives and another is merged with it. Acquisitions and takeover r
Examinations - Oh my God
This is probably not the right time to write this article, as majority of you would be busy preparing for exams. However, I still thought it might be of use to those who happen to take a break by visiting the web-si
Life of a CA Student - Full of Challenges (Part III)
Greetings of the day to all the members of CCI Family. Friends this will be Part 3 of my series Life of a CA Student Full of Challenges In the last two parts we have discussed how tough Life of a CA S
Taxability of Income from Real Estate
Real Estate is an ever green investment option in India and it has always given good returns. It can be a residential or commercial property. Real Estate gives recurring income in form of rent and appreciation in value in case of re-sale. As it
Stress Busters During Upcoming Exams
On a crucial time when CA Exams are approaching it's highly recommended to all students appearing the exams to be relieved from stress. As two sides of coins Stress can make us study more harder under exam pressure however it is
Changes in Income Tax Slabs for Individuals over Last Five Assessment Years
(AY 2009-10 to AY 2013-14) Individuals other than those specified in II, III, IV below Slab Details Rate 2013-14
Integration of risk and finance information in a financial organization
Introduction The recent global financial crises, intense regulatory requirements, extensive competitive pressures, voluminous data, have created a challenging enviro
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