22-Mar-2017 | 09:32 Hours IST
PROVISIONS RELATING TO PAYMENT OF ADVANCE TAX For A/y 2017-18
Liability to pay advance tax:
Every person whose estimated Income Tax liability for the year is Rs. 10,000 or more ,shall pay I.tax in advance, in the form of Advance Tax.
Individual of the age of 60 years or above, not having any income from business or profession are not liable to pay Advance Tax.
Due Date. Rate. C.Rates
1) 15th June 15% 15%
2} 15th Sep. 30% 45%
3} 15th Dec. 30% 75%
4} 15th Mar. 25% 100%
- It includes Ind. & Huf
Assessees covered u/s 44AD are to pay advance tax in one installment on or before 15th March.
(Courtesy: CA Nandkishor Sharma, Jaipur – via WhatsApp)
08-Mar-2017 | 08:36 Hours IST
Astonishing as it may sound, virtual currency, or cryptocurrency suddenly surged past the price of an ounce of gold on Friday, where Bitcoin was being traded for $1292.7 at 7:03 am in New York, while an ounce of gold was being traded at $1226.9. The surge is reportedly attributed to tighter currency restrictions in China, India and Venezuela and partly due to speculations over prospects under the Trump administration.
CA Vikram S. Mathur
04-Mar-2017 | 08:39 Hours IST
Now, pay hefty one-time parking charge while buying new car in Delhi
To decongest its area, South Delhi Municipal Corporation has decided to hike the one-time parking charge that a buyer needs to pay at the time of purchasing a new vehicle.
14-Feb-2017 | 21:16 Hours IST |CAVSM|
What is an algorithm? They are complex mathematical calculations that are used either to predict the happening of an event or to aid the process of decision-making. The human brain has a complex set of registers, much like the RAM that power’s computers and laptops.
Just as an example, when you lift a gun and take aim at the faraway target, your eyes view the target and send back visual images to the brain. An alogrithm computes results and sends back instructions to the hand holding the gun to correct the aim. When the brain perceives the exact match of the aim being aligned to shoot the target, the brain issues instructions to your finger on the trigger to shoot.
As a science student, studies like the one reported in today’s Times of India, Ahmedabad City Edition (Front Page) have often intrigued the logical and analytical part of my persona. Which is why, I’m guessing, I was destined to become a Forensic Expert in the coming few years of my life.
13-Feb-2017 | 09:53 Hours IST | #CAVSM |
In what may come as a pleasant surprise to you all, RBI may allow the deposition of old Rd. 500 and 1000 notes again, according to ZeeNews article here: