CAclubindia Articles

Professional Opportunities for CAs in International Trade

Posted by Rajkumar Adukia 13 March 2014 22215 Views

INTRODUCTION Interdependence is indispensable. International is referred to as ‘relating to or involving two or more nations’ and trade as ‘commercial, industrial or professional dealings’. Hence the term International Trade r

Caro and its clauses which needs reporting by auditor

Posted by vipin verma 12 March 2014 72922 Views

The central government come out with these extra reporting requirements to ensure that the auditor should check and report on the matters mentioned in CARO for ensuring smooth working of company.Co

Limited Liability Partnership form of Business Organisation

Posted by Rajkumar Adukia 12 March 2014 30060 Views

Meaning of Limited Liability Partnership (LLP) A Limited Liability Partnership (LLP) is a body corporate, with a distinct legal entity separate from that of its partners. It has perpetual succession and a common seal. A LLP, which is a separate legal

Karniti part 27: Pay as you earn - Advance Tax

Posted by CA Umesh Sharma 11 March 2014 10384 Views

(March Ending Special Part 2)PAY AS YOU EARN Advance Tax Arjuna (fictional character): Krishna, before 15th March last installment of advance tax will have to be paid. What precautions taxpayers should take? Krishna (fictional character):

Overseas Direct Investment under FEMA - A Brief

Posted by CA Sachin D Jain 22 July 2016 15820 Views

This article contains a brief note on various provisions under FEMA, related to Investments to be done Outside India by Indian Entities.This is just a brief note and relvant expert advise is to be taken before acting upon.If any further information i

Surveys under the Income Tax Act - Certain Aspects

Posted by Guest 10 March 2014 14629 Views

The search and survey operations conducted by the Income tax department, commonly known as Income tax raids (raids), has always been one of the worst nightmares of businessmen, high earners and corporates. Some reasons for this fear bei

No Service Tax leviable on Chit Fund Business

Posted by Bimal Jain 11 March 2014 18903 Views

Dear Professional Colleague,Chit fund business constitutes transaction in money and not liable to service taxRecently, the Honble Supreme Court of India, dismissed the SLP filed by the Union of India against the judgment of the H

Currency Fluctuation - Determinants and Effects

Posted by CA Surbhi Singhal 10 March 2014 11026 Views

Currency fluctuation is a phenomenon that is important to understand due to various reasons. At the very outset, it may not seem necessary for individuals who have no export or import business, or for the ones who are not planning a t

Notice from Income Tax Department

Posted by CA. Brijesh Baranwal 10 March 2014 33590 Views

One of the biggest worries of income tax payers is getting notice from Income Tax Department. The Department issues notices under various provisions of Income Tax Act. The purpose of the same is to ensure greater tax

AS - 30,31,32 The Terror Begins

Posted by Priya Agarwal 10 March 2014 48189 Views

Hedging the Risk: AS 30, 31, 32 instrumentsI have tried to summarize the topic a lot and then reached to this Short cum Lengthy Article :D. I hope it will help.This AS came into effect in respect of accounting period commencing on or after 1-04-2009