CAclubindia Articles

CA, CS & CMA: Why do so many students fail?

Posted by Kapil Kaushik 02 February 2015 33387 Views

During one of my sessions with a group of students, I was confronted with a very aggressive student. He continued his assault on ICAI, ICSI and ICMAI for the fact that they have the tendency to fail a number of students without any reason. He refused

Second Home: Problematic in Real life as well as in Income Tax?

Posted by CA Umesh Sharma 02 February 2015 12460 Views

Karneeti Part 74Second Home: Problematic in Real life as well as in Income Tax?Arjuna (Fictional Character): Krishna, Recently Reserve Bank has reduced the Repo Rate leading to reduction in the Rate of Housing Loan. It may be easier for

Legislative history of filing stock statement as on 31st March of every year under DVAT Act, 2004

Posted by Kaushik Vinod 02 February 2015 10932 Views

INTRODUCTION:I shall begin my write-up with the wording of section 70 of DVAT Act which empowers Commissioner DVAT to issue notifications and prescribe v

Investment in fixed deposits - Income tax deduction for Aam Aadmi

Posted by CA ANKIT GUPTA 31 January 2015 29748 Views

INVESTMENT IN FIXED DEPOSITS INCOME TAX DEDUCTION FOR AAM AADMIHello readers , Many of the assessees and their advisors which I came across have doubts regarding the claim for deduction under section 80C on Investments in term deposits with sc

An Insight - Mandatory Pre Deposit

Posted by CA Prakash Sajnani 31 January 2015 11730 Views

Finance Bill (No.2) 2014 has vide Clause 98 has proposed an amendment in Section 35F of Central Excise Act that the appeal against an Order passed by lower authorities will not be entertained unless the appellant has made a pre-deposit of 7.5 per cen

Service tax applicability on short notice recovery

Posted by Sushanth Karanth 30 January 2015 29081 Views

Service tax applicability on Short notice recoveryIntroductionIn the present day corporate world, an employee is expected to possess challenging skill sets to perform the duties expected as per his job profile due to which there is a high demand for

The Insight to Section 197 of The Companies Act 2013

Posted by Pankaj Pendse 30 January 2015 52780 Views

The companies act 2013 provides for the managerial remuneration. According to section 197 of the companies act, the total managerial remuneration payable by a public company, to its directors, including managing director and whole time director and i

The economy after Modi Government

Posted by Madhusudan Mishra 30 January 2015 27424 Views

CHANGING SCENARIO OF ECONOMYThe Economy after Modi Government Steps taken and their effects: STEPS TAKEN BY THE GOVERNMENT Bilateral Relations a. Modi had begun promotion diplomatic relations with other countries. Inviting SAARC leaders to his sweari

All about form 15ca and 15cb

Posted by Manish Shashikant Savalkar 29 January 2015 52955 Views

1. Why Form 15CA? Form 15CA is a Declaration of Remitter and is used as a tool for collecting information in respect of payments which are chargeable to tax in the hands of recipient non-resident. This is start

Tax Glossary

Posted by gopal Santosh Darak 29 January 2015 26643 Views

To understand the subject of taxation very first of all we all have to understood the basic concepts relating to taxation just like we have to go through for driving rules before we learn to drive a Car or many times it ha