CAclubindia Articles

Note on deduction u/s. 80HH to 80TT and Limit u/s. 80AB

Posted by Deepak Agrawal 08 January 2013 35136 Views

Note on Allowability of deduction u/s. 80HH to 80TT of the Act to the extent of Gross Total Income in light of provision of section 80AB and determined Judicial Pronouncements: 1.1 Section 80AB of the Act: Deductions to be made with re

New Dimensions are open for Chartered Accountants

Posted by CA SURENDRA KUMAR RAKHECHA 08 January 2013 53522 Views

NEW DIMENSIONS ARE OPEN FOR CHARTERED ACCOUNTANTS . Soon after the wonderful qualification in the hands of the candidates; most of the fresh Chartered Accountants find difficult to get absorbed either in the industry or in the pr

Private Jobs VS Public Jobs

Posted by CA Bhargav Nathwani 08 January 2013 37748 Views

This Article is about Jobs. As we all know , Now-a-days CAs are also facing Problem regarding Jobs. Due to High Competition in the Market. CAs are very comfortable with doing Practice because Its Satisfies with Capacity of Work as well Money also.

HUF - A Tax entity for your benefit

Posted by KCJM and Associates 07 January 2013 36958 Views

A Common Question which a Taxpayer usually asks a Chartered Accountant at the time of filing his Income tax Return; How to save tax legally by forming HUF? The Hindu Undivided Family (HUF) structure is a very effective way to save tax and a lot of p

Hedge Accounting for Foreign Currency Firm Commitments

Posted by Sanjay Chauhan (IFRS) 07 January 2013 33046 Views

In Continuation of my previous article.. Application of AS 30 under existing Indian GAAP as per ICAIs announcement: ICAI wide its circular dated 11th February 2011, has clarified that in respect of the financial statements or other financial

A Review on Independent Directors

Posted by CS M.Kurtrala Nathan 07 January 2013 18926 Views

A Review on Independent Directors Independent Director- Definition- Clause -149 (6) An independent director in relation to a company, means a director other than a managing director or a whole-time director or a nominee director, (a) who

Proliferation of Black (Dirty) Money

Posted by R. Sudarshan Bala 07 January 2013 13098 Views

PROLIFERATION OF BLACK MONEY THE EVIL MOTIVE: From the olden days where the barter system prevailed till the phenomenal phase of technology today, from small traders and merchants to the CEOs of vast business empires, there has always bee

Point of Taxation Rules,2011 with recent amendements

Posted by Kaushik Vinod 07 January 2013 134098 Views

BACKGROUND OF RULES I will start my article with the wordings of Finance Minister while presenting the Budget proposal for the financial year 2011-12, the Finance minister said that in order to achieve a closer fit between the present servi

Cost Audit Compliance

Posted by Rajat Poddar 05 January 2013 67982 Views

Companies (Cost Accounting Records and Compliance) Rules, 2011 In respect of Companies engaged in production, procession, manufacturing or mining activity, and falls any one of the following category: Net Worth of Rs. 5 Crores or more; Turno

ESIC in detail

Posted by @VaibhavJ 05 January 2013 152790 Views

Employee State Insurance (ESIC) Act, 1948 Objective The Employees State Insurance Act, ESI Act for short, was enacted by the Government of India in 1948. The major objective of the Act was to provide certain benefits to employees in ca