Result of the Information Systems Audit [ISA] Assessment Test held on 27th December, 2014 declared
Result of the Information Systems Audit [ISA, DISA] Assessment Test held on 27th December, 2014 has been declared today (19.01.2015).
Read MoreInterest on Housing loan can be claimed as Deduction from House property & also can be included in cost of Acquisition for Capital Gain simultaneously
Assessee claim deduction of Interest on Housing Loan upto Rs. 2 Lakh (from AY 2015–16) to acquire house property u/s
Read MoreBank Account cannot be classified as Inoperative if Dividend been credited to such account
RBI had clarified vide circular RBI /2014–15/200 DBOD.No. Leg. BC. 36/09.07.005/2014–15 dated September 1, 2014 that Bank Account cannot be
Read MoreRBI asks bank auditors to have a stringent monitoring process
Pointing to the gaps in the auditors’ work, the Reserve Bank of India (RBI) has asked banks to adopt a
Read MoreRBI rate cut: Loan, deposit rates set to fall
Your wait for lower equated monthly instalments, or EMIs, is finally over. Banks are willing to pare their lending rates in the
Read MoreSEBI strives to cut costs for IPOs
The average expense for the five Initial Public Offers (IPOs) of stock in 2014 was 7.1 per cent of the
Read MoreCost of Furniture & Fittings are personal effects & not includible in cost of acquisition of house
In the case of Shri Sachinder Mohan Mehta v. ACIT (Delhi High Court), Appeal No. ITA 655/2014, Judgment delivered on
Read MoreWhat is Compound Interest
Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.
Read MoreRBI asks bank auditors to have a stringent monitoring process
Pointing to the gaps in the auditors’ work, the Reserve Bank of India (RBI) has asked banks to adopt a
Read MoreIncome Tax e‑Filing Statistics
ITR Wise receipt of e‑Returns- December, 2014 S.No. Form FY 2012–13 (From 01/04/2012 to 31/03/2013) FY 2013–14 (From 01/04/2013 to 31/03/2014)
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