Good news for CA students.. Finally ICAI has opened its eyes towards lower stipend received by CA students. On 10th september, 2014, ICAI has proposed to increase the stipend of CA students. This is the new table in regulation no. 48 of the chartered accountant regulations, 1988. Place of service of articled assistant
Result of CA final exam was declared yesterday. Congratulations to whom who have passed. The students who have not crossed ,don’t loose hope. Try again and do your best. As we all know, CA exam is one of the toughest exams. But the sad things is that ICAI is not maintaining result percentage criteria
What is capital gain tax? Capital gain is one of the head of income tax . Capital gain tax is levied on gain on transferring assets. Asset must be included in definition of capital asset as per section 2(14). Definition: “Capital asset” means Property of any kind held by an assessee, whether or not
In this article,I have tried to explain the treatment of leave salary and provident fund in income tax act. Leave salary: when employee receives cash equivalent in respect of earned leave(leave not taken) , it is called leave salary. treatment of leave salary received by government employees and non government employees are different.