CAclubindia Articles

All about Renting of immovable property

nitin 24 June 2013 at 12:35

1. INTRODUCTION Renting of Immovable property has been taxed under the earlier tax regime vide Section 65 (105) (zzzz). Renting of immovable property has been brought into tax net vide Notification No. 23/2007-ST dated 01.06.2007.But After 1.7.20

Basic aspects for preparation of Projected Financials

CMA Ramesh Krishnan 24 June 2013 at 12:33

Basic aspects for preparation of Projected Financials Introduction: How to prepare the projected financials to submit for bank funding is the basic work should learn by the person handling finance. It is a basic step before approaching bank funding

Comparison Of Old Audit Report Format With SA 700(Revised)

CA Vinay parmar 22 June 2013 at 12:11

Hello, Everyone, as we all know Audit period has started and we all are busy in Auditing and Finalization work and this time we all have to prepare Audit Report in a Revised Format. While going through the Revised format and the Old Format, I have

Casual Director

CS Ankur Srivastava 22 June 2013 at 12:11

Brief write-up on Section 262 Appointment of DIRECTOR to fill the casual vacancy In case of Public Company or a Private Company which is a subsidiary of a Public Company, the Board of Directors are empowered by to fill the casual vacancy in the off

Why should we file Income Tax return on Time?

CA Kapil Verma 22 June 2013 at 12:11

As per income tax act 1956, if the income of any person exceed the basic exemption limited limit of income tax act. Then he or she is required to file his/her income tax return accourding to the time limit specified in the section 139(1). Last dates

ST-Reverse charge Mechanism. Lets crack it

Saurabh Maheshwari 22 June 2013 at 12:11

Reverse Charge Mechanism under Service Tax Introduction Generally, liability to pay service tax is of the person providing taxable services, so the service provider collects service tax from the service receiver and deposit the same with

Introduction of New Audit Report Format by ICAI

CS DHANAPAL 21 June 2013 at 16:54

Revision in format of Implementation of SA 700 (Revised) /SA 705/SA 706

Interview Techniques - An Analysis of Practical Tools

CS SIDDHARTHA BANIK 21 June 2013 at 10:58

INTRODUCTION It has become a hot topic at CS/CA Fraternity regarding unavailability of suitable jobs at the market.

The Easiest Way to stop litigation in India

CA SURENDRA KUMAR RAKHECHA 21 June 2013 at 10:58

There are lakhs of LAW GRADUATES in India. Many of them are not engaged in the Law Profession which they chose as a Career (This situation is only in India; nowhere else) If they can utilize their professional skills to EDUCATE t

Cost of Acquisition of a Capital Asset acquired u/s 49(1)(ii)/(iii)(a) of the Income Tax Act, 1961

Bhaskaran Chackrapani Warrier 21 June 2013 at 10:58

COST OF ACQUISITION OF A CAPITAL ASSET ACQUIRED U/S 49(1)(ii) / (iii)(a) OF THE INCOME TAX ACT,1961. The income of a person has to be computed under any or all five heads of income for the purpose of levying income tax. Section 14