CAclubindia Articles

Citizen's Charter is incomplete without Business Services

Posted by CA Anil Garg 06 January 2014 16009 Views

It is heartening to listen to Mr. Kejriwals speech in Delhi Assembly during vote of confidence. He has rightly mentioned that Citizens Charter is an integral part of anti-corruption measures. A government official is likely to stop doin

How to Choose CA Firm for Articleship - 10 Key Decisors

Posted by CA Ankit Gulgulia (Jain) 03 January 2014 65737 Views

Heroes are made by the paths they choose, not the powers they are graced with. Brodi Ashton, EverneathIf you choose to not deal with an issue, then you give up your right of control over the issue and it will select the path

Mandatory Pan Under The Income-tax Act

Posted by CA Pallav Singhania 03 January 2014 39033 Views

A Permanent Account Number (PAN) is one of the most important documents in the country today. It is an identification number which the Income Tax Department gives to all taxpayers. You need to quote the PAN for all financial transactions like opening

All About TDS Saving Forms 15G & 15H

Posted by Palak Aggarwal 02 January 2014 160463 Views

Form 15G and Form 15H are self declaration forms required to be furnished by the Assessee to his banker to avoid the tax deducted at source (TDS) on his/her investments.As per Section 194A of the Income Tax Act, 1961, all banks and financial institut

Investing in Mutual Funds and its Tax Implications

Posted by CA Surbhi Singhal 02 January 2014 36642 Views

Hello readers. Greetings of the season! As the New Year has arrived, some of us have resolved to indulge in disciplined financial planning in an effort to achieve our financial goals. By means of this article, I aim at helping

Compounding of offence in Company Law 1956

Posted by sachin pathak 02 January 2014 20394 Views

621. OFFENCES AGAINST ACT TO BE COGNISABLE ONLY ON COMPLAINT BY REGISTRAR, SHAREHOLDER OR GOVERNMENT(1) No Court shall take cognizance of any offence against this Act, which is alleged to have been committed by any company or any officer thereof, exc

Accounting Standard Simplified Part-1

Posted by CA Pallav Singhania 02 January 2014 66761 Views

AS-1 Disclosure of Accounting Policies Significant Accounting Policies followed in preparation of accounts be disclosed at one place along with the financial statements. Any change and financial impact of such change should be disclosed. If

Section 135 of Companies Act-2013 CSR

Posted by CA. Jagdish Sitapara 02 January 2014 127828 Views

Corporate Social ResponsibilityUnder The Companies Act - 2013 Section 135 Applicability: Every company having:-Net worth of ` 500 crore or more, orTurnover of ` 1000 crore of more, or Net profit of ` 5 crore or more,During any financial year shall c

All about Home Loan

Posted by CA Hardik Mehta 02 January 2014 34064 Views

1. For what purposes can I seek a first time home loan?You can generally seek a first time home loan for buying a house or a flat, renovation, extension and repairs to your existing house. Most banks have a separate policy for those who are going for

Inflation can indeed be brought down

Posted by CA Anil Garg 02 January 2014 15184 Views

Ever rising food prices have been hurting everybody in India for last several years, taking sheen out of otherwise spectacular economic growth so much that darling of the world recently during President Obamas visit a few years ago has become