Finance Friend

Deduction of Interest on deposits in Saving Accounts

June 17, 2016February 28, 2014 CA. Kalpesh Karia

Deduction of Interest on deposits in Saving Accounts. While filing Income Tax return for FY 2013-14, you may be wondering whether to include saving account interest in Gross Total Income. Can I get Read more […]

How to calculate exemption on Pension Income

January 4, 2014 CA. Kalpesh Karia

How to calculate exemption on Pension income There are two type of pension viz; Commuted and Uncommuted Pension. Treatment of both type of pension is different as per section 17(1)(ii) of Income Read more […]

Why Should I buy term insurance?

May 17, 2021December 27, 2013 CA. Kalpesh Karia

Background – Term Insurance : If an Insurance agent approaches you and want to explain you about term insurance. What will be the first question that comes to your mind when you think about Read more […]

Due Date of Income Tax Return extended upto 14th Oct,2013 for Gujarat Assesses

October 2, 2013September 30, 2013 CA. Kalpesh Karia

Due Date of Income Tax Return extended upto 14th oct,2013 for Gujarat Assesses As per F.No.225/117/2013/ITA.II , on considerations of reports of dislocation of general life caused due to recent heavy Read more [...]

Depreciation Chart as per Companies Act

August 31, 2013June 28, 2013 CA. Kalpesh Karia

Depreciation chart as per Companies Act SS : Single Shift DS : Double Shift TS : Triple Shift W.D.V.: means Written Down Value ; S.L.M.: means Straight Line Method. How Read more [...]

Due Date Chart of all statutory payments for F Y 2013-14

July 26, 2013May 29, 2013 CA. Kalpesh Karia

List of most due date chart of all statutory payments for F Y 2013-14 pertains to central laws. How to use Due Date Chart of all statutory payments for F Y 2013-14 : Below table is very user friendly Read more [...]