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CAclubindia Articles


Do you know some vital facts related to your credit cards?

Posted by Pranab 20 May 2013 11802 Views

In this urban world we all strive to have a credit card for ourselves, which is not at all wrong. But during the course of its use we all must have faced or facing some bitter experience related to this product and to our great surprise our esteem



Is Current ratio adequate measure of liquidity?

Posted by RAVITOSH KUMAR 20 May 2013 14173 Views

Liquidity for any organisation is one the measure for its financial condition such as i. whether it will be a going concern in future, ii. how it will pay off it



Every audit objection doesn't lead to Mens rea/ Penalty

Posted by Bimal Jain 20 May 2013 10228 Views

Every audit objection doesn't lead to invocation of extended period and levy of penalty We have summarized the important judgment of the Honble Tribunal in the case of LANDIS + GYR LTD. V. COMMISSIONER OF CENTRAL EXCISE [2013] 32 Taxmann.



Some Ruminations on LBT

Posted by M B Abhyankar 20 May 2013 8209 Views

Some ruminations on LBT Agitation in Maharashtra Traders in cities from Maharashtra are rightfully agitating over proposed introduction of LBT because of their concerns about multiplicity of indirect taxes and related compliances Problems with exis



Analysis of Service Tax on work contract

Posted by TKKKKKK 17 May 2013 298124 Views

Work contractor definition : Works contract, for the purposes of section 65(105)(zzzza), means a contract wherein,- (i) Transfer of property in goods involved in the execution of such contract is livable to tax as sale of goods, and (i



Entities availing DTAA benefits have to file retun in INDIA

Posted by CA. Anuj Gupta 17 May 2013 20641 Views

Those availing of treaty benefits would now have to file returns of their incomes in India, even if those arent liable to be taxed here. The government has changed the Income Tax Rules, making it mandatory for certain classes of assessees, in



The Primary objective of the corporation: Value Maximization

Posted by Member (Account Deleted) 16 May 2013 25476 Views

The primary objective of the Finance manager is always to increase the wealth of the shareholders in long term. And this objective is also compared with the profit maximization objecti



Selection of Coaching Institute

Posted by CA Suraj Lakhotia 16 May 2013 11296 Views

We are reaching the conclusion of yet another season of ICAI examinations(IPCC and Finals). Soon we will have a batch of candidates completing the CPT exams and enrolling for IPCC. Here comes the biggest questions - Which coaching institute to joi



A CA Student's Saga Part-III

Posted by Member (Account Deleted) 16 May 2013 11372 Views

Hi friends, I am again with my Third Version of my story. I dont know what got me into writing this. But surely it can be a case of with you and me. Its my life involved in this story. I am going to start my story from January 21, 20



Quotes on Income Tax

Posted by CA SURENDRA KUMAR RAKHECHA 16 May 2013 20660 Views

QUOTES ON INCOME TAX : CA SURENDRA RAKHECHA . . READING OF A "SECTION" GIVES DIFFERENCE RESULTS ! . . 1. At First Reading; you will HARDLY understand it. 2. At Second Reading; "SOMETHING" you will understand. 3. At Third Readin




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