The CA-CPT exam conducted by the Institute of Chartered Accountants of India (ICAI) declared on July 19, 2012 the result of their exam conducted in June 2012. It is considered one of the toughest competitive exams in India. The total number of candi
DEMAND AND TIME LIABILITY OF SAVINGS DEPOSITS DEMAND LIABILITY IS ONE WHICH IS DEMANDABLE AT ANY POINT OF TIME WHEREAS TIME LIABILITY IS ONE WHICH IS CORE PORTION AND NOT DEMANDABLE FOR A LONGER PERIOD. WHEN INTEREST ON SAVINGS DEPOSITS
Allowability of provision made by banks for Investment Depreciation Reserve due to MTM for AFS & HFT and amortization of premium on HTM. Many banks are disallowed for the certain deductions which are to be made as per RBI statutory regulat
The negative list of taxing services has hailed complexities in determination of the jurisdiction of the statute for taxation of services. The emphasis for taxing services is on the provision of services in the taxable territory. However, due to
Introduction: The stock market, despite the probability of giddy returns, can give you the heebie-jeebies due to the wild swings in share prices. Fixed deposits can be a turnoff because the intere
A missive from the tax department sends a wave of panic in the average taxpayer even though it may just be a routine enquiry or even a clarification sought by the assessing officer (AO). The mere thought that
Lost money in stocks? Use it to save tax An important rule of investing is not to be swayed by market volatility. If you panic and sell your stocks when they are down, you may repent later. However, if the stocks you bought a few months ago are runn
DIRECT ENTRY SCHEME This scheme is operational from 1st August, 2012 and further forms and procedures will be published around 16th August, 2012. Direct entry routes can be categorized as follows. Commerce Graduate Any graduate or post graduate i
"I write this article only so because I have come across with one practical problem with the payment to Non Resident for buying immovable Property from h
It was 2004 and I was barely 18 when I came to India for my studies from Nepal. Having studied Science till 12th, I had planned on going to the United States
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English