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Functional Currency under IFRS and its Implementation

Posted by Sanjay Chauhan (IFRS) 17 August 2012 32717 Views

This article covers the Functional Currency aspect differentiating with Presentation Currency as laid in Ind AS 21 i.e. IAS 21, which is totally new concept when India converges to IFRS. Introduction India has laid do



The Power of Effective Communication

Posted by Member (Account Deleted) 16 August 2012 16361 Views

Speaking what the other wants to hear! A short True Story from our pre-historic times: In between the grand lunch, accompanied by Kings of all neighbouring Kingdoms, where the most exquisite and the tastiest foods



The Role of short term sensations in the long term investment

Posted by Ramalingam K 14 August 2012 8850 Views

In the digital age, the current affairs reach our living room 24*7. The power of internet and social media makes the news and rumours spread like a wildfire. Because of this information overload we become so focused on details that we begin to ign



Pure Economics: Re - Presenting Poverty

Posted by Pankaj Pendse 09 August 2012 6320 Views

Few days ago I got stunned when I had a privilege to read a Latest (well it has published one year ago) book commenting on Poverty and the ways to end it. The Book is titled as POOR ECONOMICS: Rethinking Poverty and ways to end it, a



Kindness of a Stranger

Posted by Member (Account Deleted) 03 August 2012 16044 Views

It was 2004 and I was barely 18 when I came to India for my studies from Nepal. Having studied Science till 12th, I had planned on going to the United States



Fishing inquiries unconnected with reasons

Posted by Amit Bajaj 01 August 2012 15079 Views

It is generally seen in the reassessment proceedings u/s 147 of Income Tax Act, 1961, the assessing officers tend to make inquiries and ask ques



India's Reform Path: 21 Years on

Posted by Pankaj Pendse 30 July 2012 9767 Views

The one word cover story of the Worlds Most Reputed Magazine set a lot of hue and cry a few days ago! It was the biggest humiliation when the real architect of 91 economic reforms was accused of being Underachiever. All said and done!!! Even



The Champion in Me

Posted by Member (Account Deleted) 30 July 2012 21355 Views

I was 2 days old & was surrounded by all kinds of people. Someone was a millionaire, someone was a business tycoon followed by people of all different caste & creed & everyone laughing on me. I looked u



Monetary Benefits for Tree Plantation

Posted by Paras 25 July 2012 19383 Views

Benefits for Tree Plantation I aim at planting a good idea in your mind. Carbon production is rising daily by huge volume. Gases like Carbon Monoxide (CO) and Carbon dioxide (Co2) continue to increase their share in atmosphere as you read this a



Clause 36(1)(viia)

Posted by Member (Account Deleted) 25 July 2012 48937 Views

Many banks are in the state of confusion that they cant take the benefit of both the section 36(1)(vii) and 36(1)(viia) of Income tax Act. In this article I have tried to explain logically by historical approach of these sections. [1] FOR




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