CAclubindia Articles

Applicability of Form 15CA and 15CB w.e.f 01/10/2013

Posted by CA. Anuj Gupta 10 September 2013 161127 Views

CBDT has again changed the Rule 37BB of Income Tax Rule and \the new rule will help the Indian Parties remitting/paying the monies to foreign persons/companies. Now it has been provided that in case of 28 types of payments , there shall be no need

Whether 15CA/15CB will be required for import of goods

Posted by CA. Anuj Gupta 10 September 2013 66436 Views

The amended rule 37BB (governing Form 15CA and CB) as applicable from 01/10/2013 provides for exemption from filing both Form 15CA and 15CB only for two cases:- 1. In the items covered under the Specified List (28 items which includes remittances fo

Karniti Part 1 - Taxation Educational exp. under income tax

Posted by CA Umesh Sharma 10 September 2013 13146 Views

In The Mahabharata on the Battlefield of Kurukshetra, the conversation between Lord Shri Krishna and Arjuna gave birth to the Holy book Bhagwat Gita Wherein Arjuna asked many

What India needs to cure its economic ills - today and always

Posted by Anand Varma, FCA; FCS. 10 September 2013 6793 Views

1 Growth not at any cost There is a general perception that the main cause of present economic crises in India is due to faltering growth rate (fall from 9% to less than 4.5%). It ap

Accounting Standard 1 simplified

Posted by Siddharth Kadakia 09 September 2013 103566 Views

Accounting Standard 1issued by ICAIDisclosure of Accounting PoliciesIntroduction:The standard deals with what, where, which and how accounting policies should be disclosed. The accounting policies are set of principles, methods and procedures applied

Summary of Chapter VI A - Part 1

Posted by POOJA CHANDAK 09 September 2013 62744 Views

CHAPTER VI-A SIMPLIFIED Applicable for F.Y. 2012-13 Sections- from 80A to 80GGC Deduction under Chapter-VIA is not allowed against following incomes: Long Term Capital Gains. Short Term Capital Gains u/s.111A Winnings from lotteries, crossword

Where will the Rupee go from here?

Posted by Arup Chakraborty 07 September 2013 10796 Views

This perhaps is the billion dollar question and many economists are probing for an answer while Government of India is looking for short term measures to stabilize its currency depreciation. The market did give a sentimental boost to the appointment