CAclubindia Articles
ICAI (CMA) presents global practice of costing to MCA Expert
ICAI (CMA) presents global practice of costing to MCA Expert Committee, will MCA accept? First of all, GOI and MCA have to take a call for setting up policy for compulsory cost audit once again in India. And ICAI (CMA) needs to provide all the requir
Dissatisfied customers can cost you dearer than ever - Thanks to internet
Why this article? I feel this article is needed in current business environment where each person is equipped with access to internet, content creation, social media and much more that collectively enables them to speak out and express what they feel
Breaking Partnerships
Karniti Part 56Breaking PartnershipsPartnerships, Politics and its TaxationArjuna (Fictional Character): Krishna, what is going on? All over Maharashtra the discussion of breaking of partnerships by political parties are happening. However, if the sa
Issue of reversal of Input Tax Credit on Iron and Steel Goods
Question is:Whether in terms of Rule 21(8) reversal on the stock at the rate of 2.20% i.e. (4.95 minus 2.75 ) of the available Input tax credit on such closing stock should be made? Brief Facts are :Date of Notification of Reduced rate of VATNotifica
Post incorporation works
In my earlier article (Series-16) Incorporation of Companies & Table of Procedure of Incorporation of Company under Companies Act-2013, I explained detailed procedure for incorporation of company. After Incorporation many works are requir
Real estate for young professionals - not as difficult!
Like many others, we all think real estate investment as something big and far away when we are in early stages of our career. No doubt it is, but it can be made much easier, if you just do some calculations around.A few thumb rules or basic facts t
The Curious Case of PwC and Ramalinga Raju's Satyam
Satyam's case has been widely regarded as the debacle of the Indian Financial System. The case of Satyam is often referred to as "India's Enron"(Enron was a US based company which was inflicted with a similar accounting fraud). It w
You cant escape these mundane tasks in Seemingly-Interesting Equity Research, Investment Banking & Finance Jobs
I often meet recently cleared or about about-to-be Chartered Accountants. Many a times, I also bump
Salmaan Khan delivers a career advice in his movie 'Kick'
In his recent movie Kick, Salmaan Khan ends the movie with the dialogue - Main Dil Mein Aata Hoon Samajh mein nahin. Salmaan always has that penchant for delivering whacky dialogues which truly symbolizes his witt
Due date of ITR extended but 234A interest still applicable
Due Date for filing of return of Income for Assessment Year 2014-15 Extended from 30th September, 2014 to 30th November, 2014 in Specified CasesAs per the provisions of the Income-tax Act, 1961 (the Act), for an assessee, who is require
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