CAclubindia Articles

Powers of Inspection, Search & Seizure under Punjab VAT Act

Amit Bajaj 16 August 2011 at 19:19

Power of inspection, search, seizure can be easily found to be in every taxation law. The purpose of these powers is always to detect any tax evasion on the part of dealers but these powers are always ancilliary to the power of collection of tax of

Visit Days of NRIs to be Excluded For Finding Residential Status

CA. Anuj Gupta 16 August 2011 at 19:19

The moment one become resident in India as per Income Tax Act, his global income becomes taxable. If one is Non Resident , his income earned outside India is not taxable . So, for a non resident , there is always danger of taxation of global income

Qualifying CA Degree

CA Sandeep Surana 16 August 2011 at 19:18

Hi Friends just writing my first & best article on this website. It took me about 5.5 years to get this degree and I was little over to average student but quite good in accounts only. It started like this. I did my graduation from Bikaner Unive

Understanding Foreign Exchange - Part 3

Aravind.. 16 August 2011 at 19:18

-series of articles on foreign exchange- When speaking about foreign currency market, we have come across two terms spot rate and forward rate. Normally forward rates are for fixed periods one month, three months and six months. U

Target- November 11

CS LLB Pulkit Gupta 12 August 2011 at 16:01

Target- Nov.11 Aug 11, 2.53 pm Only you can help youself SO finally I am back to my hometown after getting myself registered for finals. Wow what a week it has been. Consecutive days of happiness first my bday followed by a +ve

Filing of Balance Sheet in XBRL Format and practical aspects

CS Ankur Srivastava 12 August 2011 at 16:01

FILING IN XBRL FORMAT AND ITS PRACTICAL ASPECTS As such, following class of companies are required to file their Balance Sheet and Profit and Loss Account in XBRL Format:-

Deduction of Tax from Salary

jatin kapoor 12 August 2011 at 16:01

SECTION 192 : DEDUCTION OF TAX FROM SALARY SECTION 192(1): Tax to be deducted at average of income-tax The total tax to be deducted, on the estimated income of the employee for the relevant financial year, is divided by the number o

Taxpayer's Call for Freedom.... Are they Hearing?

Preety Parik 12 August 2011 at 16:01

While addressing a large gathering at the concluding ceremony of 150 Years of Income Tax Department at Delhi, Hon President Mrs. Pratibha Patil made few important statements thats needs appreciation, these are:-1. An environment of

Impact of Organization Culture on Internal Controls

Sonia Jaspal 11 August 2011 at 12:14

The COSO defines Internal Control as a process, effected by an entitys board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories: ef

Few points to prepare for CA in Less time

RG - A Helping Hand 11 August 2011 at 11:54

Hi, I have decided to share my reply to expert section regarding how to prepare for CA Final in 2 months: As per my suggestion Preparation for CA Final