CAclubindia Articles

Important Things to do when you are about to write exams

Posted by CA Vijeta Verma 05 October 2013 34450 Views

As October is already started ,its only a month left to prepare your best to give your best to get best r

Audit Trail in EDP: Audit CA IPCC

Posted by Anurag 05 October 2013 28704 Views

Audit Trail in EDP (N04) Audit is doable if one can relate one-to-one basis, the original input along with the final output a) In some situations, output is as complete and as detailed as in any manual system. E.g. Detailed calc

PPP - Public Private Partnership /Profit for Private Partner

Posted by Nikhil Kaushik 04 October 2013 10799 Views

PPP Public Private Partnership or Profit for Private Players?? Role of Drafting A few days ago a friend at CaClubIndia asked a query for improving drafting skills. I delved on his query before formulating my response to it. In our profes

Speeding Economic Mess

Posted by Prashant Singh 04 October 2013 7366 Views

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

Posted by CA Rashmi Ainapur 04 October 2013 20806 Views

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

Posted by CA sawan kumar 04 October 2013 35460 Views

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

Posted by CA Dhruva Kalamanji 04 October 2013 39489 Views

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

Posted by Dhaval 04 October 2013 117963 Views

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

Posted by gaurav 04 October 2013 11137 Views

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