CAclubindia Articles

7000 NIFTY is a Trap: Better at 5000

Indraneel Sen Gupta 13 March 2014 at 12:37

After a pretty long time I am writing on the Indian capital market. I am compelled to write since I find that this time many investors and my friends are in big dilemma regarding what type of strategy one should adopt to deal with NIFTY levels in the

3 simple financial task which look hard

Ramalingam K 13 March 2014 at 12:36

It is said that money makes life simpler!! However, when it comes to manage that money people just run away from it. As far as money management is considered, there are a few tasks like evaluating a stock that needs deep understanding and a sp

Professional Opportunities for CAs in International Trade

Rajkumar Adukia 13 March 2014 at 12:36

INTRODUCTION Interdependence is indispensable. International is referred to as ‘relating to or involving two or more nations’ and trade as ‘commercial, industrial or professional dealings’. Hence the term International Trade r

An Overview of Corporate Social Responsibility

Rajkumar Adukia 12 March 2014 at 18:32

Origination of Corporate Social Responsibility Corporate Social Responsibility (CSR) is associated with the conduct of corporations and in particular whether corporations owe a duty to stakeholders other than shareholders. While the phrase Cor

Caro and its clauses which needs reporting by auditor

vipin verma 12 March 2014 at 11:43

The central government come out with these extra reporting requirements to ensure that the auditor should check and report on the matters mentioned in CARO for ensuring smooth working of company.Co

Limited Liability Partnership form of Business Organisation

Rajkumar Adukia 12 March 2014 at 11:43

Meaning of Limited Liability Partnership (LLP) A Limited Liability Partnership (LLP) is a body corporate, with a distinct legal entity separate from that of its partners. It has perpetual succession and a common seal. A LLP, which is a separate legal

Karniti part 27: Pay as you earn - Advance Tax

CA Umesh Sharma 11 March 2014 at 12:15

(March Ending Special Part 2)PAY AS YOU EARN Advance Tax Arjuna (fictional character): Krishna, before 15th March last installment of advance tax will have to be paid. What precautions taxpayers should take? Krishna (fictional character):

Overseas Direct Investment under FEMA - A Brief

CA Sachin D Jain 11 March 2014 at 12:14

This article contains a brief note on various provisions under FEMA, related to Investments to be done Outside India by Indian Entities.This is just a brief note and relvant expert advise is to be taken before acting upon.If any further information i

No Service Tax leviable on Chit Fund Business

Bimal Jain 11 March 2014 at 12:14

Dear Professional Colleague,Chit fund business constitutes transaction in money and not liable to service taxRecently, the Honble Supreme Court of India, dismissed the SLP filed by the Union of India against the judgment of the H

Surveys under the Income Tax Act - Certain Aspects

Guest 10 March 2014 at 17:00

The search and survey operations conducted by the Income tax department, commonly known as Income tax raids (raids), has always been one of the worst nightmares of businessmen, high earners and corporates. Some reasons for this fear bei