CAclubindia Articles
Sec-263 a thorough study!!
CA Nikita 22 September 2007 at 17:01When cannot section 263 be evoked? Section 263 cannot be evoked in the following cases:- An assessment order can not be re-opened if there is no jurisdictional error in the order. The order of the AO can not also be revised if it has
Indian Chartered Accountants are emerging as a global force now
Ravikumar.G 21 September 2007 at 22:28Technology up gradations opened up a new avenue for chartered accountants in India too. Many companies in USA and UK are looking for hiring professional services from an Indian corporation, as it is proven that Indian can adapt to any system easily a
Watching of watch dogs Movements.
Prakash Popat 21 September 2007 at 18:27POINT ARISES FOR DELIBARATIONS .1.SEBI circulars approved in parliament/by ICAI.2.Similar Treatment Indian Financial Institute Getting in the counterparts country? 3.is this not siply move to dragged hard earned money out of country?SEBI permits acc
What's short-selling of shares
CMA Gul S 21 September 2007 at 18:27What is short-selling? Short-selling, in the context of the stock market, is the practice where an investor sells shares that he does not own at the time of selling them. He sells them in the hope that the price of those shares will decline, and he w
Knowledge Process Outsourcing
Ravikumar.G 21 September 2007 at 15:26THIS ARTICLE HAS BEEN PUBLISHED IN THE 'INFORMATION TECHNOLOGY' SPECIAL ISSUE (JUNE 2006) of 'Sanhita' - a monthly magazine for corporate professionals published by the Pune Chapter of WIRC of The Institute of Company Secretaries of India. A CII Repo
Testing Balance Sheet Strength
CA. Mohammed Yusuf 21 September 2007 at 00:29Testing Balance Sheet Strength For stock investors, the balance sheet is an important consideration for investing in a company's stock because it is a reflection of what the company owns and owes. The strength of a company's balance sheet can be eval
ESOPS AND ADVANCE TAX PAYMENT
Ravikumar.G 20 September 2007 at 23:05The Finance Act, 2007 introduced Fringe Benefit Tax (FBT) on securities or sweat equity shares transferred or allotted by employers under Employee Stock Option Plans. The FBT is to be paid on the Fair Market Value (FMV) of the shares on the date of v
GLOBAL ACCOUNTING?
Ravikumar.G 20 September 2007 at 23:05Mohan R. Lavi Accounting, supposedly, speaks the language of business. With business becoming increasingly globalised, it is logical to expect that accounting, too, goes global. The International Accounting Standards Board (IASB) through a combo offe
MORE SERVICE TAX SOPS FOR EXPORTERS
Ravikumar.G 20 September 2007 at 23:05There is more relief in store for harried exporters. The list of services on which exporters have been granted exemption from payment of service tax may be expanded. Commission paid to foreign agents - which forms a sizeable chunk of the service tax
'RBI TO LEAVE INTEREST RATES INTACT, MAY HIKE CRR'
Ravikumar.G 20 September 2007 at 23:05Unlike US Federal Reserves which cut interest rates by 50 basis points on Tuesday, the Reserve Bank of India is likely to retain the interest rates intact, global financial service provider Merrill Lynch said on Wednesday. The regulator, however, may
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