Rebecca Ghomes

Cash receipts amounting to Rs.3.00 lakhs per day can be invite problems in Income Tax 5 min read

• Income Tax

Cash receipts amounting to Rs.3.00 lakhs per day can be invite problems in Income Tax

Rebecca Ghomes 9 years ago

The recent budget 2017 proposes to bring in force Section 269ST in view of curtailing black money transactions by penalizing Penalty for Cash Receipts exceeding Rs... Read More

Would EPF withdrawal make sense for you or would it hurt you financially? 5 min read

• Income Tax

Would EPF withdrawal make sense for you or would it hurt you financially?

Rebecca Ghomes 9 years ago

One of the main employment-related savings-cum-investment features is the Employee provident Fund (EPF) that is regulated by the statutory body of Labor Ministry, Ministry of... Read More

What is GST on Ex-Works Sales and how does it work? 5 min read

• GST

What is GST on Ex-Works Sales and how does it work?

Rebecca Ghomes 9 years ago

As GST (Goods and Services Tax) is due to be launched soon, details of every single aspect of GST are being scrutinized for future consideration.... Read More

No more taking your own time for Income Tax Return filing- Find out why? 3 min read

• Income Tax

No more taking your own time for Income Tax Return filing- Find out why?

Rebecca Ghomes 9 years ago 2

The Union Budget of 2017 witnessed a major decision regarding the validation of time taken for assessment, re-assessment and re-computation for revised Income Tax return... Read More

Profit from investment in penny stocks not sham as per Income Tax Tribunal 4 min read

• Income Tax

Profit from investment in penny stocks not sham as per Income Tax Tribunal

Rebecca Ghomes 9 years ago

Income Tax tribunal after getting sufficient authentic information from the Securities and Exchange Board of India has declared that the transactions or investment in penny... Read More

What if the Assessing Officer erred assuming jurisdiction under Section 153A of Income Tax Act? 5 min read

• Income Tax

What if the Assessing Officer erred assuming jurisdiction under Section 153A of Income Tax Act?

Rebecca Ghomes 9 years ago

Following a series of proceedings and subsequent discussions, the Honorable ITAT declared the assessment order passed u/s 143(3) r.w.s 153A of the Income Tax Act... Read More

MBA and ICWA- Both has its own significance. Which one is good for career- MBA or ICWA? 4 min read

• Student's Corner

MBA and ICWA- Both has its own significance. Which one is good for career- MBA or ICWA?

Rebecca Ghomes 9 years ago

Nowadays every student has become career conscious and starts deciding about future movements of career from the very school level itself. This is vital because the... Read More

Prosecution and Penalties under Income Tax Act, 1961 4 min read

• Income Tax

Prosecution and Penalties under Income Tax Act, 1961

Rebecca Ghomes 9 years ago

The Income Tax Act, 1961 is a vast subject in itself. Below, we have given a brief on the topic Prosecution and Penalties under Income Tax... Read More

How Much You Can Earn As A Cost and Works Accountant? 3 min read

• Student's Corner

How Much You Can Earn As A Cost and Works Accountant?

Rebecca Ghomes 9 years ago

With the number of corporations emerging these days, the market is on the hunt for the right candidate for each and every role, and one... Read More

How the System of Input Tax Credit in Goods and Services Tax (GST) being introduced affect your business 5 min read

• GST

How the System of Input Tax Credit in Goods and Services Tax (GST) being introduced affect your business

Rebecca Ghomes 9 years ago

In an attempt to make possible a full-fledged and flawless credit throughout the complete supply chain under a common tax base, the Goods and Services... Read More