Community & General Articles
Clause 36(1)(viia)
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
Monetary Benefits for Tree Plantation
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
An Open Letter to CA Final May '12 Students
Dear Students, Youve just received your CA Final results on 19th July. I am fully aware of the tension, nervousness and the pain in the stomach for the few days preceding the CA result.
Promissory Estoppel
1.0 INTRODUCTION All of us know what estoppel is. I first heard about it when I was reading section 28 of the Partnership Act, 1932 which provides that a person holding out to an outsider
The Process of Verification of Marks
An examinee of CA exams can apply for verification of his/her answer books, either physically in his/her own handwriting, or on-line from http://icaiexam.icai.org within a month from the date of declaration of results. The process of verification of
Intangible Assets - An yardstick to measure company's value
Introduction: Measurement or Valuation process aims at estimating the value of asset, liability or a firm, based on risk and return factors. Valuation may be of company as a w
High Courts & Lower Courts & few issues?
Citizens very often complain about our legal system and as to how the Courts are functioning in this country. People having experience with Courts will explain in detail as to how our system functions. Unless one is a habitual litigant misusing th
Indian Legal System - Problems may not end soon?
A good legal system represents good governance in the Country. We may say that India is a vibrant democracy and we may further proudly say that Indian society reflects Unity in Diversity. There are critics of democracy and they show
Corporate accounting reporting and ethics need for CAs
Corporate accounting and reporting and Ethics Need for Chartered Accountants to introspect Introduction All around us there is this talk of lack of ethics , corruption, inability of a normal Citizen to get justice in time , so on and so for
Face Challenge and take Initiative
George Bernard Shaw said, Ordinary people adapt themselves to the world. The extra-ordinary persons try to adapt the world to them. Hence the progress and development of the world is through extra-ordinary people.
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