CAclubindia Articles

Know More about NBFCs (FAQs)

Posted by Kumar A. Ranjan 30 May 2013 17970 Views

FOREWORD The Reserve Bank of India is entrusted with the responsibility of regulating and supervising the Non-Banking Financial Companies by virtue of powers vested in Chapter III B of the Reserve Bank of India Act, 1934. The regulatory and supervis

Impact of Service Tax on Different Audits

Posted by Madhukar N Hiregange 29 May 2013 83638 Views

This article provides some inputs on what care a CA should take or at least shouldbe aware when conducting the tax audit, internal audit or statutary audit. We have included some

Campus Interview Question

Posted by Nitin Agrawal 29 May 2013 42841 Views

As a CA fresher we know much on Accounting, Auditing, Taxation & Finance concepts but when it comes to practical exposure, we may not have idea of procedural aspects which take place in corporate. Freshers who have done their internship f

E-Filing is mandatory Income is more than 5 lacs

Posted by CA Prasenjit 29 May 2013 80996 Views

The Central Board of Direct Taxes (CBDT) is Spreading e-tax net through Notification dated 34/2013 dated 01.05.2013. E-filing of I-T returns is now mandatory for individuals, including salaried taxpayers, earning more than Rs 5 lakh taxable income d

Electricity charge from tenant not chargeable to Service Tax

Posted by Bimal Jain 29 May 2013 26008 Views

Electricity charge recovered from tenant not includible in renting of immovable property We are sharing with you an important judgement of the Ld. Commissioner of Central Excise (Appeals), Chennai in the case of In Ticel Bio Park Ltd. (2013) 33 tax

Economics of Stock Market

Posted by ashish sharma 29 May 2013 12155 Views

INTRODUCTION:Economics of uncertainty can explain stock market forces and the structure and randomness of the markets.The theory underlying the financial markets is the same theory behind market transactions. Economics help us to understand oil price

Analysis of Interim measures u/s 9 and 17 of Arbitration and Conciliation Act,1996

Posted by G S Rao 29 May 2013 108544 Views

Introduction: Arbitration and Conciliation Act 1996 repealed old Arbitration Act and incorporated law relating to domestic arbitration, international commercial

Mandatory Audit Report E-filling for the AY - 2013-14

Posted by Ashok 29 May 2013 26736 Views

CBDT has made it mandatory to E- file Audit Reports facility Provided that where an assessee is required to furnish a report of audit under sections 44AB, 92E or 115JB of the Act, he shall furnish the same electronically.; S.O. 1111 (E).─ I

Indian Banking System @2025

Posted by Indraneel Sen Gupta 28 May 2013 12129 Views

Indian banks need no introduction about its stupendous growth which it has achieved over the last 15 decades. Indian economy went through various phases through which the Indian banking segment went too and finally transformed India today

Property Transactions and new tax effect

Posted by CA Prashant Gupta 28 May 2013 42937 Views

Property transactions Budget 2013 amended some sections related to property transactions. These amendments effect a person in many ways. Some are described below: When there is difference between property value and stamp duty value exceeds 50,000/-: