CAclubindia Articles
Letter of Credit / Documentary Credit
Letter of Credit/Documentary Credit Letter of Credit/Documentary Credit is a one of the method of payment through which payment in theinternational as well as domestic market is effected for the goods purchased or service provided. Though there is a
Mauritius Route : A Long Lasting Story
Mauritius route A Long Lasting Story Mauritius -officially the Republic of Mauritius is an island nation in the Indian Ocean about 2,000 kilometers (1,200 mi) off the southeast coast of the African continent.Since independence in 1968, Maurit
Forex - Basics - Part 2
Hello Frends,First I would like to thank to all you members who supported me for my earlier part. Thank you so much friends.Last time we saw few basic concepts of forex like Direct and Indirect Quote, Base and Incidental Currency, two way quotes etc
Simple solution to complications faced by Salaried Assessees
Well, the scenario I am going to elucidate is not something new or unheard off, however, there are few cautions which are often ignored thereby resulting into complications being faced by Salaried Assessees. Quite some number of times it so happens w
Role of a CA in Implementing an ERP
Role of a CA in Implementing an ERP Business Expansion and Development is a continuous process with every successful Enterprise. In this era of technological growth, we now observe all over the world, a “Big Bang” explosion among the ente
Capital Gain Exemption under section 54GB
INVEST IN YOUR OWN BUSINESS AND SAVE TAX ON CAPITAL GAIN!!!Capital Gain Exemption under newly introduced section 54GB of the Income Tax ActTill 2012, one of the way to claim exemption from the chargeability of Long Term Capital Gain on transfer of a
Register of members under sec 88 of Co act 2013
Introduction: Section 88 of the companies act 2013 deals with the register of members. This article tries to explain about it and efforts has been made to append both the section and draft rules relating to ROM for easy understanding.Register of mem
Tax deduction at source and emerging issue
Tax Deduction at Source (TDS) gained so much of importance in the recent years comparing to the earlier years because of insertion of Form 26AS (Online Tax Credit Statement for Assessees). Same got more importance in the recent period with insertion
194 IA - TDS on sale of Immovable property - Complete details
Background:TDS on transfer of immovable property has been inserted with effective from 01-June-2013 in Finance Act 2013 by inserting a new section called 194IA.Applicability: Applicable to all the transfers of the Immovable properties expect the tran
High Time Bureaucracy is replaced with professionals
India is a rich country inhabited by poor. India is rich because it is blessed with massive natural resources. For instance: We are the 7th largest country in the world We have 8129 kms long coastline giving us massive sea resources (fish, off-shore
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