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CAclubindia Articles


Ascertaining the Capital Requirements

  CA S.SAIRAM    19 August 2010 at 11:18

ASCERTAINING THE CAPITAL REQUIREMENTS Fixed and Working capital assessments are a professional exercise which demands strong knowledge of business operation as well as finance. Working capital is the active portion of the capital for a business. It



Impact of adoption of IFRS on Accounting Practices

  CA Raj Thakkar    19 August 2010 at 10:17

IMPACT OF ADOPTION OF IFRS ON ACCOUNTING PRACTICES Basic Concept Mix of historical cost and fair valuation. True and fair over-ride In extremely rare circumstances when management concludes that compliance with a requirement in an IFRS or an Inter



Why complain about results..!!!

  Nitin Soni    19 August 2010 at 10:13

Ok.. I agree the results were terribly low this time..!! So what!! Why this helluva noise over results!! It had to happen!! We knew about it.. and even if we didn’t know.. why such a panic!! CA has always been a kind of course where the res



Something Straight Forward to Handle Exam Stress !!!

  Ankur Garg    19 August 2010 at 10:12

For some students Exam time is the most stressful part of their life. But to be honest this is not a correct thinking or approach.



Procedural Provision relating to TDS

  Amit Bajaj    18 August 2010 at 11:53

T.D.S means the Tax deducted at source. Whenever a person liable to deduct tax of another person under Income Tax Act, deducts tax, the credit of such tax is given to the deductee when his liability to pay income tax is calculated. Such credit is giv



GST updates By CA Sudhir Halakhandi

  CA Sudhir Halakhandi    18 August 2010 at 11:51

GST UPDATES BY CA SUDHIR HALAKHANDI 1. 17TH AUG 2010 Knowledge Hub How GST will work in Our Country? In India the states and Centre are agree on Dual GST in which a single transactio



Are there ways to gauge promoter intentions?

  Equitymaster    18 August 2010 at 11:20

Are you aware that there are around 5,000 odd listed companies on the BSE? It is one of the highest in the world. And certainly this is not to our surprise (Hence no exclamation). Indians are known for their entrepreneurship. An individual or a conce



Rule 3 of service tax- ANOTHER VIEW

  Member (Account Deleted)    17 August 2010 at 11:31

SEC 67 OF SERVICE TAX READ WITH RULE-3 OF SERVICE TAX (DETERMINATION OF VALUE) RULES, 2006. BY ARVIND AGGARWAL. SEC 67(1)(iii) of service tax says that where the amount of the consideration is not ascertainable, then the value will be determined in t



Attempting Case Studies in Exams

  ChughGhai    17 August 2010 at 11:24

Case studies are crucial in CA Final exams. The bulk of the paper in subjects like Law, IDT and DT is devoted to Case Studies. Scoring in these questions depends equally on content and presentation. The following things should be remembered whil



What Constitues Contempt of Court?

  M.RAMKUMAR    17 August 2010 at 11:09

WHAT CONSTITUTES CONTEMPT OF COURT(An analysis of SC Judgment in case of RK Jain)By,M.RAM KUMAR B.Sc., B.L. (M.B.A)Inspector, Service Tax Hats Off to SUPREME COURT. There can not be more appropriate time for Honourable Supreme Court than a