CAclubindia Articles

Time-Time ki Baat hai : Part-I

Posted by Prof. Bajaj 13 January 2012 20836 Views

I have seen the world Son!! Not for nothing I have these gray hair said Mr. Anand Desai, 56 Years old businessman to his son Niraj Desai, 28 years old professional working with a leading IT company. No Dad, I am also a post-gra

Depreciation allowable deduction from works contract

Posted by Amit Bajaj 13 January 2012 29599 Views

There are two components in every works contract one is material component and other is labour component. Material incorporated in a works contract is considered as deemed sales to the contractee and hence is liable to VAT or sales t

Audit Committee - An Overview

Posted by CMA. CS. Sanjay Gupta 13 January 2012 106981 Views

Audit Committee An Overview (Section 292A of Companies Act, 1956 & Clause 49 of Listing Agreement) An Audit Committee is a key element in the Corporate Governance process of any organization. The emergence of corporate gove

Average students are actually not average students

Posted by CA SURENDRA KUMAR RAKHECHA 13 January 2012 64603 Views

Students may surprise to read the title : AVERAGE STUDENTS ARE ACTUALLY NOT AVERAGE STUDENTS. . . After a research on the above; I have found that most of the students misbelieve that they are average students because their marks are average i.e.

Statutory Audit of Branch of The Bank

Posted by CA Satish Badve 13 January 2012 126775 Views

The bank branch statutory audit is a yearly task and has a vital importance due to following reasons. 1. Time for completion of audit is very limited and the audit had to be completed on or before specific date. 2. Increase in instances and new te

Understanding income from house property with latest case laws

Posted by Manish Kumar Agarwal 10 January 2012 54528 Views

UNDERSTANDING INCOME FROM HOUSE PROPERTY WITH LATEST CASE LAWS : In this article, we will discuss recent decisions of various courts & tribunals in respect of income from house property which will enable us better understanding of the subject an

Forgettable moments, yet they are special

Posted by Sourav Banerjee MA,MSW 10 January 2012 11226 Views

Moments that are special may not necessarily consist of good ones. Special moments automatically get set in the "golden ring of memory ", no extra effort is needed for the same. Life is abundant with ORDINARY moments that, if these can be

Things you didn't Know about PPF!

Posted by Prof. Bajaj 10 January 2012 43889 Views

Its the HR mail again. I need to do my tax savings now and submit the proofs. Said Monisha, a 26 years old Software professional to her colleagues Akshay and Neha. Neha: Me too !! Where should I invest ?? Monisha: Of course PP

Issue of ESOP and SEBI guidelines

Posted by Yogesh Agarwal 10 January 2012 43806 Views

This is my third article with CAclubindia.com and this time again I am happy to contribute something on corporate law related article. ESOP is a very hot and successful instrument to retain the good manpower with the company. The ESOP can be issue

Basic of Stock Audit

Posted by CA Satish Badve 08 January 2012 128189 Views

Preface: The exercise of stock audit was initiated by the banks in way back 1992 onwards, after Harshad Metha Scam. The idea is to verify the security offered to the banks against