CAclubindia Articles

TDS Compliances and Penalties

Posted by POOJA CHANDAK 21 January 2014 83332 Views

TDS PROVISIONS & COMPLIANCES [A] Mandatory Filing of TDS StatementsEvery person responsible for deduction of tax under Chapter XVII-B shall, in accordance with the provisions of Section 200(3), submit the following Quarterly Statements to the Dir

Whether shares allotted to 50 persons or more in a year invariably trigger section 67(3)?

Posted by S. Swaminathan 20 January 2014 26565 Views

Introduction: 1. Every company needs capital to carry on its business. The capital can be owners equity or debt capital. It can be a mix of these two. The instruments issued by a company may be either equity capital or preference capital or d

Transformation of Tax System

Posted by Madhukar N Hiregange 20 January 2014 11243 Views

Transformation of Tax Systems in India- We can definitely make a difference The recent elections results in Delhi indicate the disenchantment with the present regime. The promise of ending corruption has encouraged the youth mainly as

Self Created - Success Mantra's

Posted by Karan Teli 24 January 2014 29077 Views

S U C C E S S - a word which has drastic power to change the path of OUR life, a word which inspires us to work and move forward in life, a word for which an individual strives harder and harder. But do we understand the real meaning of success? Let`

I Can do It

Posted by Karan Teli 20 January 2014 20831 Views

15.01.2013 A day which shook the CA student fraternity with an impeccable and unexpected result of just 3% or 3 students clearing out of every 100, breaking a record of last 11 years. Many hopes, many dreams, many hearts might have shattered

Dont Stop - Keep Moving

Posted by Amrit Dalmia 17 January 2014 34450 Views

Let me congratulate each one of 7,971 CA Final students who nailed it down this termamidst the all-time toughest result in last 23 attempts. I wish these elite ICAI members a great professional journey ahead. May you all scale great heights! Out of t

Deduction for Interest on Education Loan

Posted by Rohit 01 August 2020 31283 Views

Q.1 Who can claim deduction?Only Individual can claim deduction under section 80E.Q.2 What is Expenditure Qualified for deduction under section 80E?Interest paid on Loan.Loan should be taken:1. for Study after Senior Secondary or its equivalent2. fro

Congrats to successful candidates

Posted by P V Ram 17 January 2014 12258 Views

Congratulations to all the successful candidates who have become CHARTERED ACCOUNTANTS and will be called so during the rest of their life. This takes you to the task of redefining your new objectives prioritising them and striving to achieve them.

Analysis of TDS withholding tax & TDS provisions

Posted by S.ASWATH 17 January 2014 29111 Views

Whether assessee can appeal for Intimation received under section 200A for TDS provision violation? Whether is it mandatory to apply U/s. 195(2) or U/s.197 for no deduction certificate to pay without deduction? Analysis provision & case laws of I

Black Money Minus Corruption is Benign: Counter Point

Posted by CA Anil Garg 17 January 2014 12746 Views

Suddenly, it has become fashionable in India to talk about black money and behave as if it is the root cause of all problems and we all will become prosperous no sooner black money is put to tax net within the control of our dear government which has