MENTOR
AUDITING
A paper on expected lines
Analysis of the November 2 CA (PE II) paper on auditing
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COURTS/LEGAL ISSUES
Neglected man can deny son property
Responses to Sticklish Issues dated October 29
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ACCOUNTANCY
A mix of simple and challenging
Analysis of the November 2007 CA (Final) paper on MAFA
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TAXATION
Taxability of rent from co-owned property
If two persons are co-owners of a property that is rented and each person gets less than Rs 7,000 as income, can the tax be deducted by the tenant company? As I understand, if rental income is less than Rs ...
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Property rental
In valuation of property rentals, service tax is supposed to be levied on rentals as reduced by property taxes. What does this mean and what type of taxes are covered in property tax for such deduction? More
EDUCATION
Tips to bell the CAT
Poonam Aggarwal is a second-year student in IIM Lucknow. She cleared her CAT, securing 99.54 percentile. In this write-up she suggests some tips to crack the CAT. Over to Poonam: With just about a fortnight to go for CAT, most of you ...
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STOCK MARKETS
Is greed the issue, or the associated consumerism? Swati CA
Story so far: I visit a village clinic, and see Dr Karan in action. Shouldn’t rural service be mandatory for medicos, I ask him? More important than that is the need for diagnostic facilities in villages, he replies. He dreams ...
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RURAL DEVELOPMENT
Does India still need World Bank loans?
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