CAclubindia Articles

Summary: Black Money Rules

Posted by CA Pradeep Kumar Rajput 06 July 2015 8795 Views

Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015.Notified rules are: Short Title and commencement. Definition. Fair Market Value. Tax Authorities. Notice of demand. Appeal to Commissioner(Appeals) Appeal to Appel

Foreign company compliances

Posted by CS Divesh Goyal 06 July 2015 10285 Views

As Per Section 2 (42) Foreign company is a company or body corporate incorporated outside India which(a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and(b) conduct any business

Unconventional internal audits - Litigation process

Posted by Tulasi S Sastri 04 July 2015 12708 Views

Internal Audit has been gaining importance over the years. This has been due to:a. Statutory requirements including recent ones through the Companies Act 2013, like mandatory appointment of an Internal Auditor in certain cases, importance for Interna

Do companies consider these factors to declare dividend?

Posted by Amitav Ganguly 03 July 2015 13569 Views

DO COMPANIES CONSIDER THESE FACTORS TO DECLARE DIVIDEND? BackgroundDividend strategy of a company, more particularly which is widely held, should be such that the needs for funds within the company are satisfied and also the reasonable expectations o

Tax calculator and new ITR

Posted by CA Chinmay Gangwal 03 July 2015 23574 Views

What is meant by Income Tax Return? Income Tax Return is a document file with the apex body of Income tax i.e. Central Board of Income Tax Department for reporting of their Income from salary,

Incorporation of WOS Foreign Company

Posted by CS Divesh Goyal 03 July 2015 11967 Views

BACKGROUND:India is a preferred destination for investment from NRIs, Foreign Nationals and Foreign Companies due to its booming economy and wealth of resources. India is among the fastest growing economies in the world, slated for tremendous growth

Forward Motion, Forward Life

Posted by Shubham 22 July 2016 8488 Views

Everyone wants to reach to the level of ZENITH.Eh? What do I mean ?What I mean to say is not something very out of the world, we all want to be better than the person standing next to us. This kind of greed is good. It he

Difference Between ITR 4S or SUGAM and ITR 4

Posted by Prashant Gupta 02 July 2015 26519 Views

Many Tax payers who are business owners or are professionals remain unsure about whether they need to file their Income Tax Return using form ITR 4 or ITR-4S (or SUGAM). So, here is mentioned information to understand the applicability of ITR 4 &

Happy CA day

Posted by Guest 28 June 2016 45289 Views

History of Chartered AccountantsInteresting FactsICAI StatsICAI factsFamous CAs

Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriant

Posted by CA Pawan Maloo 02 July 2015 6007 Views

Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriantSection 147 and 148 of Income Tax Act is a well designed weapon for the Income Tax Department empowering it to assess, re-assess or re-compute income, turnover etc. which