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CAclubindia Articles


Karniti Part 23: Is "LOVE" Tax free?

Posted by CA Umesh Sharma 10 February 2014 14887 Views

Arjuna (Fictional character): Krishna, Valentine's Day (14th February) is the festival of love, which is now celebrated worldwide. Love is the essence of life, it holds great importance in the life of a human being. While expressing love and affe



Salary Individual Tax deduction for 2014 Income Tax

Posted by CA Chirag Chauhan 10 February 2014 96317 Views

Salary Individual Tax deduction for 2014 as per Income Tax ActSalary Employee faces difficult task in saving tax. Though there are many section under which they can save tax, however not everyone is aware of all the benefits which they can claim. The



Letter of Credit / Documentary Credit

Posted by CS M Pota 08 February 2014 62543 Views

Letter of Credit/Documentary Credit Letter of Credit/Documentary Credit is a one of the method of payment through which payment in theinternational as well as domestic market is effected for the goods purchased or service provided. Though there is a



Mauritius Route : A Long Lasting Story

Posted by CA Bhavik Mehta 08 February 2014 21326 Views

Mauritius route A Long Lasting Story Mauritius -officially the Republic of Mauritius is an island nation in the Indian Ocean about 2,000 kilometers (1,200 mi) off the southeast coast of the African continent.Since independence in 1968, Maurit



Forex - Basics - Part 2

Posted by @*CS Siddharth Bumb. * 07 February 2014 42542 Views

Hello Frends,First I would like to thank to all you members who supported me for my earlier part. Thank you so much friends.Last time we saw few basic concepts of forex like Direct and Indirect Quote, Base and Incidental Currency, two way quotes etc



Simple solution to complications faced by Salaried Assessees

Posted by Sahil Jolly 07 February 2014 20120 Views

Well, the scenario I am going to elucidate is not something new or unheard off, however, there are few cautions which are often ignored thereby resulting into complications being faced by Salaried Assessees. Quite some number of times it so happens w



Role of a CA in Implementing an ERP

Posted by Bharath Rao 07 February 2014 21497 Views

Role of a CA in Implementing an ERP Business Expansion and Development is a continuous process with every successful Enterprise. In this era of technological growth, we now observe all over the world, a “Big Bang” explosion among the ente



Capital Gain Exemption under section 54GB

Posted by KCJM and Associates 06 February 2014 32985 Views

INVEST IN YOUR OWN BUSINESS AND SAVE TAX ON CAPITAL GAIN!!!Capital Gain Exemption under newly introduced section 54GB of the Income Tax ActTill 2012, one of the way to claim exemption from the chargeability of Long Term Capital Gain on transfer of a



Register of members under sec 88 of Co act 2013

Posted by CS M.Kurtrala Nathan 06 February 2014 64977 Views

Introduction: Section 88 of the companies act 2013 deals with the register of members. This article tries to explain about it and efforts has been made to append both the section and draft rules relating to ROM for easy understanding.Register of mem



Excel - MIS Reporting

Posted by CA Rishabh Pugalia (ExcelNext) 06 February 2014 64421 Views

Objective: To insert blank row after every line item in Excel (MIS Reporting) Excel Technique used: Dummy Serial Number and SORTStep 1: Create a new column (refer Yellow cell in Column G) and write 1 and 2 Step 2: Select both 1 and 2 an




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