If you feel that you can get an exemption from tax then you must always write a formal tax exemption letter that can help get the exemption. The request letter for tax exemption is a simple letter which must include the reasons because of which you feel that your tax deserves to get exempted. In […]
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List of Important Direct Tax Sections
Its very important for IPCC students. LIST OF IMPORTANT SECTIONS IMPORTANT DEFINITIONS & BASIC CONCEPTS Sections Provisions 2(31) Person 3 P.Y. 2(9) A.Y. 2(7) Assessee 2(24) Income 2(45) Total Income RESIDENTIAL STATUS Sections Provisions 2(26) Indian Company 2(30) NR – Individual 5(1) Incidence of tax on R/ROR/RNOR 5(2) Incidence of tax […]
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Best IPCC Costing Theory Notes
Superb Summary… CHAPTER 1 BASIC CONCEPTS Student’s Tip – Students should prepare this chapter thoroughly from two view points, namely, one in every examination some marks are attributed to this chapter and two, unless students understand the concepts discussed here, they will not be able to grasp the following chapters easily. SYNOPSIS : 1. […]
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Practical Approaches to Audit of Governmental Agencies
It is my attempt to share with all my professional colleagues some practical approaches to audit of Governmental Agencies. Practical Approach to Audit of Government Agencies Basically, Government Agencies receives Grant in Aid from the Central/State Govt. for their Operations & Day to Day activities, Auditor’s first Role evolves here only Generally the manner […]
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