CAclubindia Articles

How to Choose CA Firm for Articleship - 10 Key Decisors

Posted by CA Ankit Gulgulia (Jain) 03 January 2014 65778 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 39099 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

How to take maximum tax advantage of House Rent Allowance (HRA)?

Posted by Deepak Nagori 27 July 2020 77656 Views

Maximum Tax Advantage of House Rent Allowance (HRA)House Rent Allowance (HRA) is provided by an employer to his employee to meet the rental cost of the residential house of the employee.

All About TDS Saving Forms 15G & 15H

Posted by Palak Aggarwal 02 January 2014 160492 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 36676 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 20420 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 66816 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 127856 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

The Anatomy of Controls

Posted by Nishanth 18 May 2021 15699 Views

This was first posted on my website www.theauditschool.com. Every step I take in learning new things about internal controls, audit or risk management, I like to take two steps back to see the basic concepts which I have learnt years back and see

All about Home Loan

Posted by CA Hardik Mehta 02 January 2014 34111 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