Understanding about Letters of Credit[Submitted by CA. Praveen Chopra,B.Com., ACAGandhidham, Gujarat]March 16,2008PurposeThe purpose of this document is to provide a general understanding of letters of credit, their use and application. The topics co
[ Submitted by CA Mr. Praveen ChopraFriends Group Of Companies, Gandhidham ] · Search and SurveyPower to carry out search under section 132 and survey under section 133A are important tools in the armoury of the Income-tax department for de
Tax deduction for salaried employees FOR salaried employees it is possible to get tax deduction from the employer in respect of investments made or amount spent in terms of the provisions contained in Section 80C of the Income-tax Act, 1961.The emplo
Effect of Non-Registration of Partnership Firm[Submitted by Mr.Praveen Chopra CA(Friends Group Of Companies,Gandhidham)] This paper attempts to study the impact of non registration of firms i.e., partnership firms. The whole idea of the paper is that
When Good Deals Go BadHow to renegotiate a contract. ....................Every company gets stuck in contracts that aren't good for business--the long-term purchasing agreement made before market prices dropped, the lease for too much office space, the sale w
It doesn't mater who we are or where we are in the world it seems we all share the same dreams, we all want to be wealthy, healthy and happy. It seems we are all striving for one thing and that is financial independence.We feel if we were financia
Six Steps To A Better Business Budget You've just purchased or opened a small business and you know your trade, but when it comes to bookkeeping and, more specifically, budgeting, your skill set is lacking. It's OK - the good news is that it is possi
PETTY CASH Petty cash allows you to make small purchases or reimbursements, in cash, for items such as stamps, office supplies, parking, etc. The fund should be enough to cover petty cash expenditures for about a month. If it is too small you will h
KNOWLEDGE BANK - BenchmarkingWisdom that has time travelled over centuries is the CEO's most potent tool for leaping to world-class standards today. It is, on the surface, a disarmingly uncomplicated concept. To improve, set your sights on a standard
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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