CAclubindia Articles

Income Tax Return of Deceased Assesse

Posted by CA Jayaram Prasad Pisipati 04 June 2014 84461 Views

This article is meant for young professionals in practice who in the course of their practice come across cases where they may be requested to file return of a deceased assesse.With experience I can say that upon the death of the assesse, filing of t

Taxability of Prepaid coupons like sodexo

Posted by CA Neil Ganatra 04 June 2014 13788 Views

What is the taxability of Prepaid Coupons?As it is not possible to discuss all the perquisites in one article, let us discuss the taxability of a perquisite which is always in question taxability of prepaid coupons say for example Sodexo coup

TDS on Salary

Posted by CA Neil Ganatra 04 June 2014 13922 Views

TDS ON SALARY and Rebate U/s 87AAny person responsible for paying income chargeable in the hands of recipient as Salaries shall make TDS u/s 192 of the Income Tax Act, 1961. The article discusses some basic aspects of the provisions o

Karniti Part-39: Now You Can Create Modiji Like One Person Company

Posted by CA Umesh Sharma 03 June 2014 11330 Views

Arjuna (Fictional Character): Krishna, Recently one person has shown that nothing is Impossible and created history, that person is Current Prime Minister of India Mr. Narendra Modi

Useful Interpretations about Companies Act, 2013- Part-1

Posted by Ankur Garg 03 June 2014 74798 Views

Dear Professional Colleagues, During the process of decoding new provisions and stipulations of Companies Act, 2013, I have observed below mentioned interpretations about few important topics which affect our day to day corporate working. This write

Income Tax Return - Which form to use for IT Filing AY 14-15

Posted by CA Chirag Chauhan 03 June 2014 43963 Views

The Income Tax Department has come out with all Return Form applicable for AY 2014-15. The below table will give you details of usage of forms by Assessee. Forms Who can use this Return Form Who cannot use this Return Form

Relevance of IDT to Purchase function

Posted by Madhukar N Hiregange 03 June 2014 4679 Views

What The Material/ Procurement Executive/ Manager needs to know about Indirect Taxes? The successful material/ purchase officers knows the production needs well in terms of quality, timeliness and quantity. He also understands the cost of products /

Understanding Speculation Profit/ loss with latest Case Laws

Posted by Manish Kumar Agarwal 03 June 2014 21307 Views

1. S. 73 of the Income-tax Act provides that any loss computed in respect of speculation business carried on by an assessee will not be set off except against the profits and gains, if any, of another speculation business. Further, where any loss com

Basics of Audit, New Concepts

Posted by CA Satish Badve 02 June 2014 15840 Views

All type of audits like bank audit, company audit, internal audit,statutory audit requires to some extend applying of same principles of audits,and audit techniques. BEFORE AUDIT: As observed, 80% of the work of audit in a CA Firm has repetit

Acceptance of Deposits - Simplified (With Help of Examples)

Posted by CA Gaurav Mittal 02 June 2014 88556 Views

ACCEPTANCE OF DEPOSITSection 73 to 76 Simplified The companies Act 2013 by way of Section 73 to 76 has bought many changes in respect of Acceptance of deposits by company and the changes are applicable are on Private Limited Companies also. To unders