CAclubindia Articles

RELATIVES UNDER THE INCOME TAX ACT - A RELATIVE CONCEPT

CA Pradip Shah 04 July 2008 at 17:03

[This article appeared in TAXMAN-Volume 156 Page 89 dt. 21st Oct. 06 ] RELATIVES UNDER THE INCOME TAX ACT – A RELATIVE CONCEPTBy CA Pradip R. Shah Human Society – a cobweb of relationships1.0 Human being is called a social animal. The

Competition Act India

Paramjit Kaur 03 July 2008 at 14:32

In any economy, for the welfare of consumers competition is very necessary. In absence of competition, enterprise start taking undue advantage of their monopolistic position and start exploiting consumers. Advantages of competition are many. Good ex

A letter from Abraham Lincoln to his son's head master..

Ravi Kanth 03 July 2008 at 11:39

Abraham Lincoln, the 16th president of the United States of America (1861 - 1865) is one of the world’s great statesmen for all time. Here is a letter written by Abraham Lincoln to the head master of his school in which his son was studying, a

'A Leader Should Know How to Manage Failure'

Saravanan 25 June 2008 at 16:25

'A Leader Should Know How to Manage Failure' (Former President of India APJ Abdul Kalam at Wharton India Economic forum , Philadelphia, March 22,2008) APJ Abdul Kalam: Let me tell you about my experience. In 1973 I became the project director of

JIT - Just in Time - The Concept

PC-www.bharadwajinstitute.com 21 June 2008 at 17:19

Just In Time It is a management philosophy which aims at eliminating waste from every aspect of manufacturing and its related activities. The term JIT refers to producing only what is needed. JIT is defined as “A technique for the organisatio

House property Income Computation

PC-www.bharadwajinstitute.com 21 June 2008 at 16:00

Income from House Property (Section 22 to 27) HP under Rent Control Act HP not covered under Rent Control Act a. FRV or MRV whichever is higher b. Amount (a) or SR whichever is

Set off and Carry forward of Losses - Students guide

PC-www.bharadwajinstitute.com 21 June 2008 at 16:00

I SET OFF OF LOSSES (Sec 70 and 71) Set off of losses refers to adjustment of current year losses against current year incomes. Rules A: Set off of losses – Intra head adjustments (Inter source adjustments) Loss from one source of income can

Documents required for Sales Tax Resgistration

PC-www.bharadwajinstitute.com 21 June 2008 at 15:41

REQUIREMENTS FOR SALES TAX REGISTRATION PROPRIETORY CONCERN 1 Identity proof : Ration card, Voter Id or passport.

Non performing assets

PC-www.bharadwajinstitute.com 21 June 2008 at 13:32

WHAT IS A NPA (NON PERFORMING ASSET) Non Performing Asset means an asset or account of borrower, which has been classified by a bank or fin

PROCEDURES FOR FLOATING A PRIVATE LIMITED COMPANY