CAclubindia Articles
Need of correcting our 'Indian Legal System'?
We may very often say great things about Indian Judiciary or legal system. It is true that we have had great legal luminaries, who played a very important role in our democracy defending the Fundamental Rights of the people, expanding the scope of
Environment: Conservation and Challenges
Environmental Issues in our age In recent time, Environment is the issue which has been discussed the most, either be it on the table of Policy makers, meeting of NGOs or on the podiums of intellects.
Subsidiaries under section 397/398 of Companies Act, 1956?
It is very frequently alleged that the remedy available to shareholders under section 397/398 of the Companies Act, 1956 is not effective. There are several issues to say as to why the remedy available to the shareholders under section 397/398 of
Provision for Expenses - Allowable expenditure
We have to make provision for various expenses based on the estimates at the year end as we are following the accrual system of accounting. But the income tax department was disallowing the same on the ground that same being contingent in n
Will the RBI deregulate the savings account interest rates?
A banks operational performance depends on it ability to get low cost deposits and to lend it to borrowers at a higher rate. Banks typically mobilise the funds from the public using various types of deposits like Current ac
Tips to face stress at office - Articled Assistant
FRIENDS.... People are much stressed out at their Office due to unwanted pressures from their Boss and their peers. Given below are some tips to avoid the same: 1. First relax. Office is the place where you are going to learn some work. 2. Listen to
BIG 4S - Do they create a Better CA? A Big Question?
Hey friends - A Very Good evening to all the members of CCI Family. Friends Today I am here to discuss a very vital topic for all of us i.e " BIG 4'S - Do they create a Better CA ? A Big QUESTION &qu
Chargeability of gifts made to HUF u/s 56 of IT Act
Chargeability of gifts made to HUF u/s 56 of I.T Act 1961 In this article the author has made an attempt to distinguish between the exemption benefits granted to Individual or HUF on gift received by them, although both of them are covered by the
Correction in Challan Paid
Summary : Earlier correction was not possible in challans while making errors at the time of payment. Same is now possible from bank, but you should contact the bank within 7 days. Challan Correction Mechanism Under OLTAS (On Line Tax Accou
Snapshot of Independent Director
INDEPENDENT DIRECTORS A Snapshot. The new legislation may require an independent director to have understan
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