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CAclubindia Articles


Importance of Gaining Knowledge About Client's Business

Posted by ashish sharma 11 May 2013 32845 Views

In an audit it is important for an auditor to acquire sufficient knowledge about the client's businessthis will not only help him/her express an opinion as to the truth and fairness of assertions in the financial statements but also help him/her safe



About New ITRs for A Y 2013-14

Posted by CA Pardeep Chanana 10 May 2013 56060 Views

Form & mode of filling of Income Tax Return for A Y 2013-14 Relevant Sections of Income Tax Act, 1961:- 139(1), 139(3), 139(4A), 139(4B), 139(4C), 139(4D), 142(1), 148(1), 153A All Applicable Return Forms for A Y 2013-14:- ITR 1 (SAHAJ)



Specified Domestic Transaction

Posted by CA Pardeep Chanana 10 May 2013 60670 Views

INTRODUCTION Applicability of transfer pricing provisions was earlier limited to International Transactions only. With effect from 01.04.2013, the scope of Transfer Pricing provisions is extended to Specified Do



Investors guide to trade in Nifty

Posted by reena sharma 10 May 2013 10408 Views

To deal with stock market an individual must know about Nifty and nifty future. Nifty is basically a termed defined as an index of performance of top companies listed in NSE National Stock Exchange. The NSE India enlists thousands of compa



Changes in Tax Returns filing norms - from F.Y. 2012-13

Posted by CA Priyanka Srivastava 10 May 2013 21502 Views

W.E.F. from F.Y. 2012-13, following persons have to file returns electronically: (Vide Notification No. 34/2013, dated 01.05.2013) 1. Every person (not being a company or person filing ITR 7) if Total Income is above Rs. 5 lacs. 2. Resident Indivi



Common Income tax procedures at one place

Posted by Saurabh Maheshwari 09 May 2013 49477 Views

In continuation of my previous article, posted almost 2 months back I am writing once again but I am extremely sorry for such a delay but the same was due to some other commitments.Thanks for wonderful response to the first part of



Deduction u/s pension scheme worthy or not as per income tax

Posted by CA Prashant Gupta 08 May 2013 30034 Views

Any individual can deposit contribution to Notified Pension Scheme by central Government. If person is employed then his contribution will get deduction u/s 80CCD (1) and employer contribution will get deduction u/s 80CCD (2). Any self employed can



Is it worth becoming a Chartered Accountant

Posted by Nimish Goel 08 May 2013 79055 Views

I keep getting so many emails and calls regarding choosing a career option, specifically in relation to chartered accountancy. Obviously, being a CA, I am approached for this profession the most. There



Role of Professional in Deal Negotiations

Posted by CS Shilpi Thapar 07 May 2013 7436 Views

"You dont get what you deserve; you get what you negotiate".- Anonymous In last few months, I got an opportunity to act as go-to-negotiator for my clients for winning Joint Ventures/Consortium deals for them. My role in this as



Evaluating New Business Opportunity

Posted by CA. Ashish Taparia 07 May 2013 12812 Views

Discussion paper on role of a financial analyst in going about evaluating new business opportunity New business proposal could be categorized in two ways: 1. The business proposal is a niche proposal in the market. Or, 2. The business




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