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January 27, 2012

Borrower could not file appeal at his sweet will

In one of the Sarfaesi appeal filed against our Bank, the Ld. Debt Recovery Tribunal, Chennai was pleased to dismiss the application to condone delay of 255 days in filing Sarfaesi Appeal with cost of Rs 5,000.00 payable to our Bank.
 
The Ld. Tribunal observed that the very fact that the appellant has not given any reasons for the inordinate delay of 255 days compelled the Tribunal to draw an adverse inference to the effect that the present Sarfaesi appeal has been filed to frustrate and stall the recovery proceedings initiated by the Authorised Officer of the Bank to recover the legitimate dues of the Bank.
 
The Ld.Tribunal further observed that if applications of this nature are entertained and allowed and the inordinate delay of 255 days in filing the Sarfaesi appeal without offering any explanation and just cause for the inordinate delay is condoned, the very purpose for which the Sarfaesi Act has been enacted for the speedy recovery of legitimate dues of the Bank without intervention of the Courts and Tribunal would get defeated.   

January 26, 2012

VAT on Freight


Treatment of freight under various acts and states has been summarized as follows:- 

If freight has been charged within the sales price, VAT would be charged on total sales price under any law.
If Freight has been charged separately in the bill:-
Act
Treatment
Under CST (See section 2(h))
Not to be included in sales price for purpose of charging CST.
Under Delhi VAT Act ( See section 2(1)(vd)
Not to be included in sales price for purpose of charging VAT.
Under Punjab Vat Act as applicable to Chandigarh (See section 2(zg))
TO BE INCLUDED IN SALES PRICE FOR PURPOSE OF CHARGING VAT .

January 12, 2012

Cause and cure for Jaundice


What is jaundice?

Jaundice is not a disease but rather a sign that can occur in many different diseases. Jaundice is the yellowish staining of the skin and sclerae (the whites of the eyes) that is caused by high levels of the chemical bilirubin in blood. The color of the skin and sclerae vary depending on the level of bilirubin. When the bilirubin level is mildly elevated, they are yellowish. When the bilirubin level is high, they tend to be brown.
What causes jaundice?

Bilirubin comes from red blood cells. When red blood cells get old, they are destroyed. Hemoglobin, the iron-containing chemical in red blood cells that carries oxygen, is released from the destroyed red blood cells after the iron it contains is removed. The chemical that remains in the blood after the iron is removed becomes bilirubin.

The liver has many functions. One of the liver's functions is to produce and secrete bile into the intestines to help digest dietary fat. Another is to remove toxic chemicals or waste products from the blood, and bilirubin is a waste product. The liver removes bilirubin from the blood. After the bilirubin has entered the liver cells, the cells conjugate (attaching other chemicals, primarily glucuronic acid) to the bilirubin, and then secrete the bilirubin/glucuronic acid complex into bile. The complex that is secreted in bile is called conjugated bilirubin. The conjugated bilirubin is eliminated in the feces. (Bilirubin is what gives feces its brown color.) Conjugated bilirubin is distinguished from the bilirubin that is released from the red blood cells and not yet removed from the blood which is termed unconjugated bilirubin.

Jaundice occurs when there is
 1) too much bilirubin being produced for the liver to remove from the blood. (For example, patients with hemolytic anmeia have an abnormally rapid rate of destruction of their red blood cells that releases large amounts of bilirubin into the blood),
2) a defect in the liver that prevents bilirubin from being removed from the blood, converted to bilirubin/glucuronic acid (conjugated) or secreted in bile, or
3) blockage of the bile ducts that decreases the flow of bile and bilirubin from the liver into the intestines. (For example, the bile ducts can be blocked by cancers, gallstones, or inflammation of the bile ducts). The decreased conjugation, secretion, or flow of bile that can result in jaundice is referred to as cholestasis: however, cholestasis does not always result in jaundice.
Jaundice can turn the skin and sclerae yellow. In addition, stool can become light in color, even clay-colored because of the absence of bilirubin that normally gives stool its brown color. The urine may turn dark or brownish in color. This occurs when the bilirubin that is building up in the blood begins to be excreted from the body in the urine. Just as in feces, the bilirubin turns the urine brown.
The itching associated with jaundice and cholestasis can sometimes be so severe that it causes patients to scratch their skin "raw," have trouble sleeping

Possible reasons for the jaundice. For example, heavy use of alcohol suggests alcoholic liver disease, whereas use of illegal, injectable drugs suggests viral hepatitis. Recent initiation of a new drug suggests drug-induced jaundice.
Diagnosis/ Detection
Physical examination

The most important part of the physical examination in a patient who is jaundiced is examination of the abdomen. Masses (tumors) in the abdomen suggest cancer infiltrating the liver (metastatic cancer) as the cause of the jaundice. An enlarged, firm liver suggests cirrhosis. A rock-hard, nodular liver suggests cancer within the liver.
Blood tests

Measurement of bilirubin can be helpful in determining the causes of jaundice. Markedly greater elevations of unconjugated bilirubin relative to elevations of conjugated bilirubin in the blood suggest hemolysis (destruction of red blood cells). Marked elevations of liver tests (aspartate amino transferase or AST and alanine amino transferase or ALT) suggest inflammation of the liver (such as viral hepatitis). Elevations of other liver tests, e.g., alkaline phosphatase, suggest diseases or obstruction of the bile ducts.
Ultrasonography

Ultrasonography is a simple, safe, and readily-available test that uses sound waves to examine the organs within the abdomen.
Computerized tomography (CT or CAT scans)

Computerized tomography or CT scans are scans that use x-rays to examine the soft tissues of the abdomen. They are particularly good for identifying tumors in the liver and the pancreas and dilated bile ducts, though they are not as good as ultrasonography for identifying gallstones.
Magnetic resonance imaging (MRI)
Like CT scans, they are good for identifying tumors and studying bile ducts. MRI scans can be modified to visualize the bile ducts better than CT scans (a procedure referred to as MR cholangiography), and, therefore, are better than CT for identifying the cause and location of bile duct obstruction.
Endoscopic retrograde cholangiopancreatography (ERCP) and endoscopic ultrasound

Endoscopic retrograde cholangiopancreatography (ERCP) provides the best means for examining the bile duct. For ERCP an endoscope is swallowed by the patient after he or she has been sedated. The endoscope is a flexible, fiberoptic tube approximately four feet in length with a light and camera on its tip. The tip of the endoscope is passed down the esophagus, through the stomach, and into the duodenum where the main bile duct enters the intestine. A thin tube then is passed through the endoscope and into the bile duct, and the duct is filled with x-ray contrast solution. An x-ray is taken that clearly demonstrates the contrast-filled bile ducts.
Liver biopsy

Biopsy of liver provides a small piece of tissue from the liver for examination under the microscope. The biopsy most commonly is done with a long needle after local injection of the skin of the abdomen overlying the liver with anesthetic. The needle passes through the skin and into the liver, cutting off a small piece of liver tissue. When the needle is withdrawn, the piece of liver comes with it. Liver biopsy is particularly good for diagnosing inflammation of the liver and bile ducts, cirrhosis, cancer, and fatty liver.
Home Remedy For Jaundice
  • The patient should rest till acute symptoms subside.
  • Water Treatment – Drink lots of water with lemon juice to protect damaged liver cells. A hot immersion bath for 10 minutes at 104 degree Fahrenheit daily eliminates bile pigment through skin and kidneys.
  • The patient should be put on a juice fast for a week. After the juice fast, he may adopt an all-fruit diet for a further three to five days, taking three meals a day of fresh Juicy fruits at five-hourly intervals.
  • The green leaves of the radish (muli) are also an effective home remedy. Pound the leaves and extract the juice from them. Intake at least one pound of this juice daily.
  • Another effective remedy would be to mash a banana and add to it a tablespoon of honey. Have this mixture two times a day.
  • In a glass of buttermilk, mix a pinch of black pepper. Intake this for about a week.
  • In a cup of boiling water, add 8-10 lemon leaves. Cover it with a lid for about 5 minutes. Now, strain the liquid and drink it. Repeat this for 4-5 days.
  • Mix 1/4 tsp of turmeric powder in a glass of hot water. Have this 2 to 3 times a day.
  • Take tender papaya leaves and make a paste out of it. Consume ½ tsp of this paste with 1 tsp honey.
  • Consuming lots of lime juice is beneficial for a person suffering from jaundice.
  • Mix 1/2 tsp ginger juice and 1 tsp each of mint juice and lime juice. have this mixture after a span of few hours.
  • Have a glass of tomato juice early in the morning. Add some salt and pepper to it, before drinking.
  • Squeeze half a lemon in half a cup of beetroot juice. This is an effective remedy for treating jaundice.
  • Consuming a glass of carrot juice every day is also beneficial.
  • Avoid having oils, fried foods, butter, turmeric, spicy food, pickles , cream and sour products.

January 10, 2012

Alternate ways to check Genuine Windows


Visit the following link

http://www.microsoft.com/download/en/exe-validation.aspx?id=14

Click Continue and it would download a small 1.5 MB setup on your computer.

Run that setup and it will give you a code

Paste that code in aforesaid windows and you can check whether your windows are genuine or not.

Connect internet via android

Well first of all its not so complicated and at the end of the process probably you would be laughing at it how easy it is.
Make sure your are connected via USB

For Windows 7 users

Go to Devices and Printers

Here you will find a Pen drive like symbol for your Android Phone

Right Click it> Select "Dial up Networking"> Select "Dial <Your Operator>

And Voilla you are ready to go...

House Property Income under DTC

Taxability of let-out property
As per the current provisions, in case of let-out property, annual value (that is, reasonable expected rent) or actual rent per financial year (FY) whichever is higher is subject to tax. Where the actual rent of a let-out property is low in a FY due to vacancy during any part of the FY, annual value is restricted to actual rent.
Under the DTC 2010, annual value is substituted by a concept of gross rent. Gross rent represents the amount of rent received or receivable from the property during the FY. Similar to the current law, where let-out property is vacant during any part of the FY, only gross rent for the period of occupation is to be considered.
The DTC 2010 also specifies that the rent received in advance is to be included in the gross rent of the FY to which it relates while no such specific provision exists in the current Act. Under the current provisions, where property has been acquired under a housing loan, deduction towards actual interest outgo without any monetary limit is allowed, subject to certain conditions. The same is also allowed in the DTC 2010. In case of under-construction property, the deduction towards interest pertaining to the pre-construction/ pre-acquisition period continues to be split in five equal instalments beginning from the FY in which the property is constructed or acquired. 

Deemed to be let out property
Presently, only one house can be considered as self-occupied and all subsequent houses owned by a taxpayer which may not actually be let out are taxed on a notional basis as “Deemed to be let out property (DLOP)”. DLOPs are taxed in the same manner as actual let-out properties.
Under the DTC 2010, the concept of DLOP is proposed to be discontinued. Accordingly, if a property is actually not let out during a FY, then it shall not be taxable. Also, no deductions shall be allowed against such property. This is in line with international practice of taxing real income vis-à-vis notional income.
Accordingly, in the above example, while Property 1 and 2 will continue to be subject to tax under DTC 2010, Property 3 will not be taxable and correspondingly no deduction will be available. 

Taxability of self occupied property
Currently, with respect to one self-occupied property, the annual value is considered as “Nil”. Further, a deduction towards interest paid on housing loan taken for such property is available up to a maximum of Rs. 1,50,000 per FY resulting in a loss from house property.
The DTC 2010, much to the respite of the taxpayers, also contains similar provisions with respect to gross rent and allows the deduction of Rs. 1,50,000 per FY. However, the deduction is allowable from gross total income (GTI) and hence restricted to GTI, instead of being regarded as a loss from house property. 

Repayment of housing loan
Under the Act, deduction up to maximum Rs. 1,00,000 per annum (as a part of other eligible investments under Section 80C of the Act) can be claimed from gross total income towards principal repayment of housing loan.
However, under the DTC 2010, no tax deduction from the gross total income is available towards repayment of principal amount of a housing loan. Individuals who do not have other eligible investments such as provident fund contributions, life insurance premiums etc. would need to look for other avenues to invest to avail of maximum deductions.

January 7, 2012

Difference between h+ and 3g


H+ is HSPA+ whereas 3G is HSDPA.

3G is "normal" 3G,
 HSPA is enhanced 3G or "3G.5" and
 HSPA+ is even faster HSPA.

Both are UMTS 3G technologies. H+ simply means you are capable of getting faster speeds. 

HSPA (3G/H): Theoretical limit of 14Mbps down, 5.76Mbps up

HSPA+ (3.5G/H+): Theoretical limit of 84Mbps down, 22Mbps up, but will support 168Mbps down.

January 4, 2012

MMS sent instead text Android

You may have noticed that when you write a text message in Android Phones, a message comes up saying 'Converting to MMS' (or something like that) and instead of SMS, an MMS is sent from your mobile which is charged at a higher rate.



The reason for this problem is that by default the Maximum Character Limit in Android Phones is set to 20 Characters and beyond that the message is converted into MMS.


To Resolve this problem simply go to

Messageing > Settings > Multimedia Message Limit And set the limit to 500 something..

Also
Messageing > Settings > MMS Settings>Creation Mode> Select "Restricted"

This should solve your problem

January 1, 2012

Promise to be kept

Papu- Papa Good News H.
Snta- Kya?
Papu- Aapko Yaad Hai Apne Kaha Tha Ki Agr Main Exam Me Paas Ho Jaun Toh Mujhe Rs.5000 Denge.


Santa- Han.

Papu- Aapke 5000 Bach Gaye!.