It was in the year 200x that you took a Rs. 40,00,000 housing loan. Now 5 years later you are very comfortable with the Rs. 40,000 per month EMI that you are paying. You and your wife find that you can easily increase the EMI to Rs. 50,000 without a sweat. Should you increase the […]
XBRL filing – is up and running! Iris Business Services Limited was the first company to file it – they filed it at about 2.30am Saturday! Many companies are trying to file – and I believe many are failing. Clearly it is not an easy thing to do. You need a software to do it […]
It is now compulsory for many companies to file their Annual Returns in XBRL format. Let us look at the process involved in doing this: You convince a company that you are capable of converting their pdf / other formats into xbrl format. Then the company sends you the annual return. Assuming it is in […]
Sir I have read your blog…I like it. Me: Thank you He: Sir, are you a Chartered Accountant? Me: Yes sir.. He: Will you file my Income tax Return? Me: No sir, i do not do that work… He: What work do you do? Me: Regarding investments.. He: Arre, will you manage my portfolio…I bought […]
Once upon a time long, long ago I used to be a practising Chartered Accountant. In 1988 I used to be at the ITAT (Income Tax Appellate Tribunal) quite regularly (definitely on Fridays when the department used to file its Reference Applications!). A few people who used to be regular thereat were some super seniors […]
Sorry Minister it is a Systemic Failure! If you have seen 3 scams (big ones) and bribing (rampant) bribing in PSU banks all your life, this so called scam should not come as a shock (or surprise) at all. Once in a while such transactions erupt and the news channels have something to scream about. […]
Last week Business Standard wanted to use one article from my blog..I was happy..and would have been happier if they had said….article by P V Subramanyam, Chartered Accountant, who runs www.subramoney.com… but they decided to say P V Subramanyam…Certified Financial Planner… well I am P V Subramanyam but not a financial planner..and that too not […]