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Commerce Club

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  • Home
  • Income Tax
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    • IT Notification
    • IT Caselaw
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CA
January 20, 2015 commerceclub

CA Final Result Analysis Nov 2014

CA Final pass percentage Nov 2014 CA FINAL  Both Group-8.23% Group 1- 23.41% Group 2 – 10.26% 

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CA
January 19, 2015 commerceclub

Result of the Chartered Accountants Final Examination held in November, 2014 and Common Proficiency Test (CPT) held in December, 2014 declared

Result of the Chartered Accountants Final Examination held in November, 2014 and Common Proficiency Test (CPT) held in December, 2014

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CA
January 19, 2015 commerceclub

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).

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FinanceIncome TaxPersonal Finance
January 17, 2015 commerceclub

Interest 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

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RBI
January 17, 2015 commerceclub

Bank 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

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Audit
January 17, 2015 commerceclub

RBI 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

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RBI
January 17, 2015 commerceclub

RBI 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

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SEBI
January 17, 2015 commerceclub

SEBI 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

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Income Tax
January 16, 2015 commerceclub

Cost 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

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Finance
January 16, 2015 commerceclub

What is Compound Interest

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

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