CAclubindia Articles

Recovery of Confirmed Demands in pendency of Stay appeal

Posted by Bimal Jain 03 January 2013 9380 Views

Recovery of Confirmed Demands‏ during pendency of Stay applications CBEC has issued its first Central Excise Circular No. 967/01/2013 - CX, dated January 01, 2013 on eve of New Year 2013, for recovery of confirmed demands during pendency of Sta

5 Things CFOs Should Do In Planning Process

Posted by Sonia Jaspal 03 January 2013 20601 Views

In December, senior management focuses on formulating strategies. Department heads prepare business plans and budgets. Risk management departments define the next years agenda and plans. Everyone works hard at planning and preparing for the

Capital gain - Exemption u/s 54 & CG Scheme account

Posted by CA Neil Ganatra 02 January 2013 44429 Views

Capital Gain Exemption & Capital Gain Account Scheme Sec. 54 (2) of the Income Tax Act provides as under: The amount of the capital gain which is not appropriated by the assessee towards the purchase of the new asset made within one year

Commerce = CA & Don't Lose Heart

Posted by CA Priyank Singhi 02 January 2013 25624 Views

A commerce student has very few options when he/she is about to leave school and enter the so called The Real World. Unlike a science student who can take up n number of engineering courses and get a job even before he

Foreign Direct Investment in India (FDI)

Posted by Rajat Poddar 02 January 2013 31485 Views

Foreign Direct Investment (FDI) is permitted as under the following forms of investments Through financial collaborations. Through joint ventures and technical collaborations. Through capital markets vi

Importance of financial planning in life

Posted by DHARMENDRA SHARMA 31 December 2012 16163 Views

Everyone faces ups and downs in his/her life. Everyone needs money to come out of their rainy days, for which, a good financial planning is needed which can give their family a self-sufficient life. These d

Concept of Project Costing

Posted by CMA Ramesh Krishnan 31 December 2012 38047 Views

Concept of Project Costing Introduction: Costing of an each product or activity will differ from product to product and activity to activity. But the concept of the costing is same for all type of costing whether Product costing or Service costing.

Wealth Tax: Taxes on your wealth!

Posted by Garvit Dave 29 December 2012 32624 Views

Wealth tax is a direct annual tax, payable every year like your direct taxes. It is another type of direct tax by which tax is imposed on individuals coming within its purview. Pensioners, retired persons or senior citizens have not been accorded

Short Note on Rejection of Draft Offer Documents

Posted by Ajay Mishra 29 December 2012 11016 Views

INTRODUCTION The Securities and Exchange Board of India (SEBI) has vide General Order dated October 09, 2012 framework general criteria subject to which draft offer documents filed for issue of

Responsibility of Professional Signing Annual Return

Posted by CMA Arif Farooqui 29 December 2012 11034 Views

W.e.f from Financial Year 2011-12, Professional (CA, CMA, CS) signing MCA Annual Return have to certify whether Cost Accounting Record Rules -2011 (CARR) or Cost Audit Orders (CAO) are applicable on company or not and mention Product or Service