Quick Test for CA ,CS or CWA students on Wealth Tax

CA students including other professional examination aspirants will love this simple quiz on Wealth Tax Act  which has been to a large extent was minimized to cover only few assets  as the government took a position that productive assets should not be liable to wealth tax. Quick Test for CA ,CS or CWA students on Wealth Tax...

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10 Multiple Choice Questions on Direct Tax for CA Students

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A quiz -multiple choice question on Basic Concepts ,Total Income & Residential Status  for providing  CA students an opportunity to test their preparation of direct tax paper . Most fundamental is the definition section under Income Tax Act  which is section 2 . A constant reference to section 2 is required to understand the true meaning of a word used...

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Tax Quiz 1 -10 Questions Quizzes on Direct Tax for CA Students

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A quiz for all CA students are new step taken by this blog in its endevour to spread the knowledge on direct taxation. IPCC aspirants require  basic knowledge on taxation whereas for CA Final examinees , a very through knowledge on Direct Tax is a must. The first set of ten multiple choice questions on...

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How Gratuity Notification by CBDT Creating Havoc For Some Employees !

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Gratuity receipt has , in recent , time become bitter word for employees who retired before 24/05/2010 , but received arrears of enhanced gratuity after 24/05/2010. One of the readers of this blog , Sri R.S. Midha , has exactly that problem . He asks  “I retired from a Pb.Govt. Corporation, established under SFC’s Act,...

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Read 34 Questions & Answers on TDS By CBDT

For the benefit of readers, circular No 715 dated 8/8/1995 which answers general questions are given. When in doubt about an issue for TDS about 194C,194A,194J and 194K, refer the following questions & answers “119. Clarifications on various provisions relating to tax deduction at source regarding changes introduced through Finance Act, 1995 The Finance Act,...

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