CAclubindia Articles

Importance of Economic Literacy for Finance Professionals

Posted by CA Surbhi Singhal 21 January 2014 11927 Views

Finance and economics share an inseparable bond since ages. Yet we finance professionals, or to-be finance professionals of different fields such as CA, CS, CMA commit the sin of keeping ourselves separate from economics, yet claiming

Karniti Part-20: Salary earners now "Dent" in claiming Allowance of "House Rent"

Posted by CA Umesh Sharma 21 January 2014 20548 Views

Salary earners there is now "Dent" in claiming Allowance of "House Rent" Arjuna(Fictional Character): Krishna, all the salaried people might be busy in providing information to their employers for computing income tax, deductions and exemptions from

Who am I? I' m a Champion

Posted by CA. Dhiresh Kochar 21 January 2014 22153 Views

Dear All,Hi Friends, heard about this time's CA Finals results, it would be wrong If i say the results were not shocking it shook me, I was also surprised(Secretly I thanked God that i cleared my CA Finals earlier) but while saying this i remembe

TDS Compliances and Penalties

Posted by POOJA CHANDAK 21 January 2014 83278 Views

TDS PROVISIONS & COMPLIANCES [A] Mandatory Filing of TDS StatementsEvery person responsible for deduction of tax under Chapter XVII-B shall, in accordance with the provisions of Section 200(3), submit the following Quarterly Statements to the Dir

Whether shares allotted to 50 persons or more in a year invariably trigger section 67(3)?

Posted by S. Swaminathan 20 January 2014 26531 Views

Introduction: 1. Every company needs capital to carry on its business. The capital can be owners equity or debt capital. It can be a mix of these two. The instruments issued by a company may be either equity capital or preference capital or d

Transformation of Tax System

Posted by Madhukar N Hiregange 20 January 2014 11233 Views

Transformation of Tax Systems in India- We can definitely make a difference The recent elections results in Delhi indicate the disenchantment with the present regime. The promise of ending corruption has encouraged the youth mainly as

I Can do It

Posted by Karan Teli 20 January 2014 20794 Views

15.01.2013 A day which shook the CA student fraternity with an impeccable and unexpected result of just 3% or 3 students clearing out of every 100, breaking a record of last 11 years. Many hopes, many dreams, many hearts might have shattered

Dont Stop - Keep Moving

Posted by Amrit Dalmia 17 January 2014 34398 Views

Let me congratulate each one of 7,971 CA Final students who nailed it down this termamidst the all-time toughest result in last 23 attempts. I wish these elite ICAI members a great professional journey ahead. May you all scale great heights! Out of t

Deduction for Interest on Education Loan

Posted by Rohit 17 January 2014 31267 Views

Q.1 Who can claim deduction?Only Individual can claim deduction under section 80E.Q.2 What is Expenditure Qualified for deduction under section 80E?Interest paid on Loan.Loan should be taken:1. for Study after Senior Secondary or its equivalent2. fro

Congrats to successful candidates

Posted by P V Ram 17 January 2014 12219 Views

Congratulations to all the successful candidates who have become CHARTERED ACCOUNTANTS and will be called so during the rest of their life. This takes you to the task of redefining your new objectives prioritising them and striving to achieve them.