Taxability in the hand of company and employee of free food In todays competitive environment the employers are constantly working hard with their Human resource department to lure their talented employees to retain them for future. For thi
Forex market is the biggest market of the world which has a daily turnover of 4 trillion $. It is also known as FX in short term. In forex market currencies of different countries are exchanged for the purpose of trading. There are 3 layers of for
Chartered Accountancy is a prosperous professional career in India. Chartered Accountants enjoy a statutory monopoly in audit of financial statements under various statutes in India. Apart from professional practice, some CAs work in industry as fin
The Tax Deduction at Source (TDS) on payment for hotel accommodation has always been a controversial issue. The assessee comes across a situation where he pays for the hotel accommodation taken for the guests of the entity in usual course of busines
FILING RETURN OF INCOME FOR INDIVIDUALS FOR F.Y ENDING 31-03-2012 (A.Y. 2012-2013) A. OBLIGATION TO FILE THE ROI: Any Individual who has earned income during the previous year & his income is more than threshold limit is required to file Ret
GUIDANCE NOTE ON ACCOUNTING FOR REAL ESTATE TRANSACTIONS (REVISED 2012) SIMPLIFIED 1) Applicability i) To the enterprises dealing in land, building and / or rights related thereto as sellers or developers. ii)
Introduction: Directors are appointed by the shareholders of the company and they are trustees of shareholders. As such they are in a fiduciary position and can not
Here are some basic facts that you need to know before you invest in a mutual fund. Mutual Funds are increasingly being touted as the retail investors' investment vehicle. But the key challenge is to choose the right fund. But it's simple. I
Renting of Immovable property service is one among the services which has huge implication as to the coverage of number of assessees and the quan
I am an MBA and still trying to understand various facets of this financial world. Whenever I think that I have learned enough of this and I know everything, there always comes in front of me a whole new asp
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