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2013
I asked my new girlfriend what sort of books she’s interested in,
she said: Cheque books.

The easiest way to make your old car run better… is to check the prices of new car.

What is the difference between men and pigs?
Pigs don’t turn into men when they drink.

2013
  • The procedure for PAN allotment process will undergo a change w.e.f.03.02.2014. From this date onwards, every PAN applicant has to submit self attested copies of
    • Proof of Identity (POI),
    • Proof of Address (POA) and
    • Date of Birth (DOB) documents

2013

Medical treatment of specified ailments under section 80DDB

  • Deductions of expenses on medical treatment of specified ailments (such as AIDS, cancer and neurological diseases) can be claimed under Section 80DDB.
  • The maximum amount of deduction allowed from gross total income is restricted to Rs 40,000 (which goes up to Rs 60,000 if the age of the person treated is 60 years or more) on condition that no medical reimbursement is received from any insurance company or employer for this amount.

2013
 

35 Excel Tips that could save you from working all night

Please find the Powerpoint Presentation in the attachment for Excel Tips.


attachmentExcel Tips

2013

Till recently TDS deductor were submitting TDS return for a Quarter even if they have not deducted and paid any TDS for a specific Quarter, called NIL TDS Return.

CBDT has now provided that -
TDS statement cannot be filed without quoting any valid challan and deductee row.
Which implies that, Nil TDS return is no more permissible.

2013

In Recent past it has been noticed that department has taken late payment of TDS very seriously and in addition to imposing Interest and Penalty for Late Payment, they also start initiating Criminal Prosecution against those responsible for Deduction and Payment of TDS.

Financial Management