CAclubindia Articles

Are there ways to gauge promoter intentions?

Equitymaster 18 August 2010 at 11:20

Are you aware that there are around 5,000 odd listed companies on the BSE? It is one of the highest in the world. And certainly this is not to our surprise (Hence no exclamation). Indians are known for their entrepreneurship. An individual or a conce

Rule 3 of service tax- ANOTHER VIEW

Member (Account Deleted) 17 August 2010 at 11:31

SEC 67 OF SERVICE TAX READ WITH RULE-3 OF SERVICE TAX (DETERMINATION OF VALUE) RULES, 2006. BY ARVIND AGGARWAL. SEC 67(1)(iii) of service tax says that where the amount of the consideration is not ascertainable, then the value will be determined in t

Attempting Case Studies in Exams

ChughGhai 17 August 2010 at 11:24

Case studies are crucial in CA Final exams. The bulk of the paper in subjects like Law, IDT and DT is devoted to Case Studies. Scoring in these questions depends equally on content and presentation. The following things should be remembered whil

What Constitues Contempt of Court?

M.RAMKUMAR 17 August 2010 at 11:09

WHAT CONSTITUTES CONTEMPT OF COURT(An analysis of SC Judgment in case of RK Jain)By,M.RAM KUMAR B.Sc., B.L. (M.B.A)Inspector, Service Tax Hats Off to SUPREME COURT. There can not be more appropriate time for Honourable Supreme Court than a

Presumptive income schemes for small Assessees

Amit Bajaj 17 August 2010 at 11:08

There are many presumptive income schemes for small businessmen engaged in civil construction, transport business, retailers etc. A person covered under these schemes can declare his income under these sections on presumptive basis and can get himsel

4 IDIOTS ....Our Beginnning....5th & Final Part !

Lone warrior..!! 17 August 2010 at 11:08

Link : Part 1Link : Part 2Link : Part 3Link : Part 4 4 IDIOTS .........OUR BEGINNING ......5th & FINAL PA

Filing income tax return after due date

Amit Bajaj 17 August 2010 at 11:06

The due date for filing income tax return for corporate aseessees and other aseessees who are required to get their accounts audited under Income Tax Act 1961 or under any other law for the time being in force is 30th September and for others it is

End of Entry Load Era in Mutual Fund : Interesting Aspects

CMA. Subhash Kumar Jha 16 August 2010 at 11:59

End of Entry Load Era in Mutual Fund Mutual fund companies, with their fine printed term & conditions, were getting a good business without even bothering their clients about the charges , they were going to charge by way of entry loads. Mutu

Statutory background for Royalty payment in India

CA S.SAIRAM 16 August 2010 at 11:56

Statutory background for Royalty payment in India The very nature of the term Royalty indicates a disguised share of profit and it is paid for acquiring a very valuable knowhow or technique that assists a person in nourishing his sales. Let us navig

Mutual Funds : Jargon Buster

Nandan Narula 16 August 2010 at 11:54

Imagine driving a car without knowing what an accelerator or a brake is. Imagine using a computer without knowing what a keyboard or a monitor is. Similarly, imagine investing in Mutual Funds without knowing some key terms. You may have investe