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The Accounting Skills You Need To Succeed

Every second person is now aspiring to be an accountant due to the unending…

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Section 80C of the Income Tax Act

Section 80C of the Income Tax Act

In computing the total income of an assessee, being an individual or a Hindu…

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Taxes Benefits for Salaried Individuals

As soon as the filing season begins, salaried class are frenzy about taxes they…

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Accounting Reserves: Concept

Accounting Reserves: Concept

Several times we have heard the word reserve in accounting but the exact meaning…

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Understanding Methods of Depreciation

Generally, methods for providing depreciation are based on the formula developed on a study of…

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Double Entry System

Double entry system of book keeping is the most popular scientific system of accounting.…

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IL&FS Fiasco and Accounting Statements

IL&FS Fiasco and Accounting Statements

Recently, the entire nation has been shocked to see that the institution of the…

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