Examination is the crucial part of every student’s life. It is the phase when assessment of student is done based on the syllabus he or she had covered during the covered period. Passing this phase leads the student to moveContinue reading… Things to avoid before exams
Every student after completing his studies want to get secure and fruitful job in future. For this they work hard to clear the entrance exams, spend a good amount of sum on coachings and later, when they gets selected, theyContinue reading… Why not think beyond the boundaries for your career?
In Income Tax Act, 1961, Section 10 is specifically meant to explain all types of Income received which do not form part of Total Income. This section plays an important role in computation of taxable income. So as to understandContinue reading… Income which do not form part of Total Income
Today(4th of July) is Swami Vivekanand’s Death Anniversary. He has always been an inspirational figure for several people(and me of course). Along with the spiritual person, he was also the motivational guru. At the young age of 39, he passedContinue reading… Wise teachings of Swami Vivekanand
Total income of an assessee cannot be computed unless we know his residential status in India during the previous year. According to the residential status, the assessee can either be: Resident in India Non-resident in India However individual and HUFContinue reading… Determination of Residential Status
This post is meant to learn various concepts relating to Taxation like Definition of Person, Assessment Year, Previous Year, etc. So must read till end. Person: Person includes: An Individual A Hindu Undivided Family(HUF) A Company A Firm An AssociationContinue reading… Important Concepts in Taxation
Income Tax Return is prepared by combining all type of incomes which an Assessee had earned in previous year. So in order to differentiate the manner of dealing with several type of Incomes, there are various Return Forms available soContinue reading… Income Tax Return(ITR) Forms for AY 2018-19
Case based questions are very common in exams where you are required to display your knowledge level. A Case Study is generally an account of an activity, event or problem that contains a real or hypothetical situation and you areContinue reading… How to handle case based study?
“The basic purpose of audit is to obtain the reasonable assurance about whether the Financial Statements as a whole are free from Material Misstatements, whether due to fraud or error, and to further report the same to the stakeholders orContinue reading… Learn the changing dimensions of Audit in India
When preparing for competitive exams, there is the biggest question in front of every student, that is whether to go with self-study or coachings. If you knows nothing about that particular subject, then taking coaching is the foremost option forContinue reading… Self study OR Coachings.What is better?