CAclubindia Articles

Congrats to successful candidates

Posted by P V Ram 17 January 2014 12256 Views

Congratulations to all the successful candidates who have become CHARTERED ACCOUNTANTS and will be called so during the rest of their life. This takes you to the task of redefining your new objectives prioritising them and striving to achieve them.

Analysis of TDS withholding tax & TDS provisions

Posted by S.ASWATH 17 January 2014 29111 Views

Whether assessee can appeal for Intimation received under section 200A for TDS provision violation? Whether is it mandatory to apply U/s. 195(2) or U/s.197 for no deduction certificate to pay without deduction? Analysis provision & case laws of I

Black Money Minus Corruption is Benign: Counter Point

Posted by CA Anil Garg 17 January 2014 12740 Views

Suddenly, it has become fashionable in India to talk about black money and behave as if it is the root cause of all problems and we all will become prosperous no sooner black money is put to tax net within the control of our dear government which has

Understanding Deficit Financing

Posted by CA Surbhi Singhal 16 January 2014 10223 Views

Deficit financing is that, which, if used responsibly, can lead an economy to prosperity; however, if used thoughtlessly, can do the opposite. It is the tool suggested years ago by known economist John Keynes, and used today throughou

A Radical Change Proposed through: Arthkranti Pratishthans Transaction Tax

Posted by Sagar Gupta 16 January 2014 9820 Views

Greetings of the day. A new system of taxation is proposed by a Pune based research group Arthkranti Pratishthan where it has 5 components in its proposal: 1. Withdrawal of existing Taxation system completely (except Customs i.e. Import Duty)2. Every

CA Studies are always interesting

Posted by CA SURENDRA KUMAR RAKHECHA 16 January 2014 27389 Views

CA STUDIES ARE ALWAYS INTERESTING .Studies. and of CA.. Interesting..? Man, what are you talking about!.Yes, it is true indeed.. Those who wish to make simple things typical..can choose CA as their Career..and those

Service tax on services provided by RWA to its own members

Posted by Bimal Jain 16 January 2014 15194 Views

Dear Professional Colleague,Clarifications with regard to levy of service tax on services provided by RWA to its own members Background:Service tax on 'club or association service' which covers RWA, was introduced with effect from June 16, 20

Deemed Sales

Posted by Rishi Kochar 16 January 2014 94785 Views

Before the discussion on deemed sales we must be well known of the general facts of sale.Meaning of Sale There are various definitions of the term Sale is generally specified in different laws and different State VAT acts. Hence we nee

Audit of Banks with the help of Finacle

Posted by Pranav Vijay Pandya 16 January 2014 321479 Views

Audit of Banks with the help of FinacleThe banking sector in India has developed tremendously after it adopted the Core Banking Solution (CBS). Finacle is also one of such CBS softwares developed by Infosys. Many nationalized banks such as Bank of B

Delhi VAT Amnesty Scheme closing by 31st January, 2014

Posted by Bimal Jain 16 January 2014 19545 Views

Dear Professional Colleagues,Delhi VAT Amnesty Scheme closing by 31st January, 2014 Pursuant to the power conferred by Section 107 of the Delhi Value Added Tax Act, 2004 (the Actor DVAT), the Lt. Governor of National Capit