CAclubindia Articles

Karniti Part 1 - Taxation Educational exp. under income tax

CA Umesh Sharma 10 September 2013 at 11:39

In The Mahabharata on the Battlefield of Kurukshetra, the conversation between Lord Shri Krishna and Arjuna gave birth to the Holy book Bhagwat Gita Wherein Arjuna asked many

What India needs to cure its economic ills - today and always

Anand Varma, FCA; FCS. 10 September 2013 at 11:39

1 Growth not at any cost There is a general perception that the main cause of present economic crises in India is due to faltering growth rate (fall from 9% to less than 4.5%). It ap

Accounting Standard 1 simplified

Siddharth Kadakia 09 September 2013 at 13:01

Accounting Standard 1issued by ICAIDisclosure of Accounting PoliciesIntroduction:The standard deals with what, where, which and how accounting policies should be disclosed. The accounting policies are set of principles, methods and procedures applied

Summary of Chapter VI A - Part 1

POOJA CHANDAK 09 September 2013 at 13:01

CHAPTER VI-A SIMPLIFIED Applicable for F.Y. 2012-13 Sections- from 80A to 80GGC Deduction under Chapter-VIA is not allowed against following incomes: Long Term Capital Gains. Short Term Capital Gains u/s.111A Winnings from lotteries, crossword

Where will the Rupee go from here?

Arup Chakraborty 07 September 2013 at 12:13

This perhaps is the billion dollar question and many economists are probing for an answer while Government of India is looking for short term measures to stabilize its currency depreciation. The market did give a sentimental boost to the appointment

Cenvat not to be denied on mere non payment by Supplier

Bimal Jain 07 September 2013 at 12:12

Dear Professional Colleague, Assessee not expected to verify with Department in order to avail Ce

Role of a Cost & Management Accountant

MAHESH KUMAR 06 September 2013 at 13:29

Backgrounder: Ministry of Corporate Affairs: With multi-product manufacturing and distribution ventures being the order of

64 Tax Audit Problems & Solutions

CA Nitesh Kumar More 05 September 2013 at 13:26

TECHNICAL ISSUES - FAQ BY ICAI 1. PROCEDURE TO UPLOAD TAR

EJUSDEM GENERIS in taxation matters

RENGARAJ R.K 04 September 2013 at 12:46

PRINCIPLES OF EJUSDEM GENERIS- NOSCITUR A SOCIIS IN TAXATION LAWS Introduction: Ejusdem generis is a latin maxim which means that where there is a list of words in a statute followed by

Note on Forfeiture of Shares - Part I

Ajay Mishra 04 September 2013 at 12:46

Introduction To forfeit means to lose the right to, be deprived of; to lose or become liable to lose, as in consequence of fault or breach of promise or contract. It is a penalty for a breach of contrac