CAclubindia Articles
Speeding Economic Mess
Modern Economic Growth Imagine you are on a supersonic high speed train which cannot be stopped. Everyone on this train is obsessed with high speed. What are your chances of survival? Time is ticking. Modern capitalist econo
Sec 50C - A Double Edged Sword
SEC 50C A DOUBLE EDGED SWORD Sec 50 C of Income Tax Act was introduced by Finance Act 2002, with effect from 01-04-2003 i,e Assessment Year 2004-05. The main intention for introducing Sec 50 C was to curb the movement of unaccounted elemen
XBRL Financial Statements - Requirements in India
The following class of companies have to file their Balance Sheet, Profit and Loss Account and other documents as required under section 220 of the Companies Act, 1956 with the Registrar using the Extensible Business Reporting Language (XBRL) taxono
Related Party Transaction, Caluse 188 of New Company Bill
Related Party Transaction Clause 188 of the New Company Bill, 2012 vis--vis Section 297 of Companies Act, 1956. When the company bill, 2013 has received the consent of the president in the month of August it replaced the
Reverse Charge In Service Tax
1 Reverse Charge (Tax Shift) Normally, service tax is payable by person providing the service. Section 68(2) makes provision for reverse charge i.e. making person receiving the service liable to pay
Sans pareil way to improve memory
Hi All As I delve into my CA final preparations, I have realised the pragmatic part of the the theory always said by me - Revision is the most terrific and Sans Pareil way to improve memory. So exams are nearing in, and everybody is doing their best
Be Passionate
Be Passionate Whenever we think about the word Passion, we start to imagine a person who has love and burning desire to achieve his goals, aspiration. Its something thats more than words. There are many persons inclu
My ambition to be a CA
First of all greetings to everyone. I am neither a CA nor a CA student but yes, madly in love with this credential for the past 4 years. The intention behind this write up is not to show my craze for it or to prove it. Its neither a piece of advise
Articleship, Studies and your journey of CA
CA ,a very reputed and doozy course, a very demanding profession, promises a highly challenging but very bright career.But does entering/doing/completing this course in itself g
Preparation Strategies for Auditing & Assurance - IPCC Paper 6
Instead of giving you a blanket statement Study hard etc, I though would give you more strategic insights. There is no assurance that the strategy I enumerate would necessarily work for you in the Auditing paper. However given my pas
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