CAclubindia Articles
Capital gains exemption u/s 54EC of Income tax Act, 1961
Section 54EC of Income Tax Act, 1961 provides an option to save tax on capital gain arising from the transfer of long-term capital asset subject to fulfillment of certain conditions. Provisions of section 54EC are being discussed herein below for the be
Salient Features Of IAS 16: Property, Plan and Equipment
IAS 16 pertains to the Property, Plant and Equipment: - their accounting treatment, recognition and determination of their carrying amounts, depreciation charges and impairment losses. Some of the major points of this standard with reference to the
Tips for Passing CA examinations
Hello friends, First of all I want to congratulate you on being a CA. By reading title and reading the first line you'll find contradictions the topic is about passing CA exam and I am already
Where will you be Financially five years from today?
The financial secret of moving from where you are and where you want to be? Would you like to know the financial secret behind moving from where you are and where you want to be? Try to answer this question. Where will you be financiall
Understanding Section 14A Impact With Case Laws Part-II
The Income tax department (ITD) now a days become very harsh to the assessee in respect of disallowance made under section 14A read with rule 8D. The ITD applies rule 8D blindly on the assessee and making un-necessarily additions causing hardship
New ULIPs: Are they Any Better?
No Sir, the Old Expensive ULIPs have gone now. The New ULIPs have been launched with much lower charges. You should invest in them. These are the new in-statements of the insurance advisors these days who were going ga-
A Handbook on Private Equity Funding
INTRODUCTION The private equity boom is breathtaking. It's not just making investors rich - the wave of deals is changing the mindset of corporate managers everywhere.
Were Section 76 and 78 Always Mutually Exclusive?
Where a person is liable to pay service tax u/s 68 and fails to credit the tax or any thereof to the account of the Central Government within the prescribed time limit then he shall be liable to pay taxes along with applicable interest under section
Audit Plan/Tutorial: Audit of Purchase Department
AUDIT PLAN/TUTORIAL: Audit of Purchase Department of a Manufacturing Company A manufacturing company is that where a raw materials are converted into final product by applying certain manufacturing process. Thus, from the above definition, w
XBRL: The Future of Financial Reporting
(This article has been published by the Guwahati Branch in their Souvenir for the National Conference of ICAI held at Guwahati, Assam on 16-17 December 2011.) A. Introduction to XBRL XBRL is the buzz word today in our professional fraternity. Why n
Popular Articles
- Post Office Interest Rates From October 2026: Check the Latest Rates of All Schemes
- Minimum Balance in SBI Savings Account Rules 2026: How Much Balance Do You Need?
- Post Office Fixed Deposit Interest Rates: Latest Update for October 2026
- ITR Refund Time for AY 2026-27
- Tax Audit Deadline AY 2026-27: Penalty for Missing 30 September and Why an Extension Request Isn't an Extension
- TDS on Purchase of Property: New Reporting Rules From 1st October 2026
- Income Tax SMS Alert For Salaried and Pensioner FY 2026-27
- TDS on Contractor for FY 2026-27: Rates, Limits, New Rules, Examples & Compliance Guide
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
