CAclubindia Articles


Taxation of heriditary LIC insurance commission

Posted by sivadas chettoor 10 February 2015 30409 Views

TAXATION OF HERIDITARY LIC INSURANCE COMMISSION- A STUDYSIVADAS CHETTOOR BCOM FCA LLMINTRODUCTION:- The brief study in this article relates to some legal and taxation issues connected with the receipt of hereditary commission by nominee or legal heir



Fast track exit mode for defunct companies under section 560

Posted by Sahil Jolly 10 February 2015 24680 Views

Fast Track Exit mode for Defunct Companies under section 560 of the Companies Act 1956 A number of Companies registered under the Companies Act 1956 are inoperative since incorporation or commenced business but became inoperative or defunct later on



Has over-democratization paralyzed India?

Posted by CA. Saket Ghiria 10 February 2015 9317 Views

Democracy is the most beautiful thing invented by the modern society. It wont wrong to say that modern society came into existence because of democracy itself. Democracy becomes more significant in the country like India which has seen centuri



Building expertise among professionals!

Posted by Kunal R. Sarpal 10 February 2015 13578 Views

Why expertise is a must.In a sentence, If you are general, you are dispensable.We live in an era of the fast internet, impatient people, quick results and a friendly neighbourhood genie called Google. The other day at the family doctors



IFRS 15: Revenue recognition from contracts with customers

Posted by CA. Rajvir Bhatnagar 09 February 2015 16939 Views

IFRS 15: Revenue recognition from contracts with customers - Major changes in the offing for some industriesA new Standard, laying down revised guidance for recognising revenue from contracts with customers has been introduced by International Accoun



REIT - An Alternate Investment Window for Retail Investors

Posted by jagadish 09 February 2015 12324 Views

REIT - An Alternate Investment Window for Retail Investors Real Estate Investment TrustREIT market is a popular tool used globally to securitise income generating properties. The trust that uses the pooled capital of many investors to purchas



Service Tax on work contract

Posted by Sandeep Jadhav 09 February 2015 60010 Views

Works contract in itself is a very lengthy subject and law relating to Works Contract in Service Tax is available in a very scattered way. Important part in the defination of Work Contract: A contract where transfer of pr



Loveonomics and its taxation

Posted by CA Umesh Sharma 09 February 2015 14943 Views

Karneeti Part 75Loveonomics and its taxationArjuna (Fictional Character): Krishna, 7th February to 14th February is celebrated as Valentine Week all over the World. This is celebrated by giving gifts and wishes and for that the markets were ready. Th



Lagaan - Is it CSR or GSR?

Posted by Sundharesan Jayamoorthi 07 February 2015 20352 Views

In the guise of Corporate Social Responsibility (“CSR”) the Government is delegating the social work in the hands of corporate; is CSR becoming a Government Shirking Responsibility (“GSR”). It is difficult to believe and compr



Union Budget 2015: Time to shift to Accrual based Budgeting?

Posted by CA. Rajvir Bhatnagar 07 February 2015 17091 Views

Mid Year Economic Review 2014-15 carried out by the Government had listed the following fiscal challenges, besides two others: o Budget was unduly over burdened by a legacy of carried over expenditureo Revenue projections were over optimistic There i




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