CAclubindia Articles
Why the rupee is still declining?
Let us walk around the various reasons why the rupee is still falling regardless of RBI interference to twig it The turn down in the value of the rupee against the dollar does not give the impression like coming to an end shortly. The Indian rupee h
Reimbursement of expenses not chargeable to Service Tax
Dear Professional Colleague, Reimbursement of expenses not to form part of taxable value for Service Tax We are sharing with you an important judgement of the Honble Madras High Court in the case of Commissioner of Service Tax Vs. M/s. Sang
Conquer Self to achieve success
Success in life is not a chance but a choice and that too your choice. The problem that people face is how to make that choice and to realise that choice too
MCA issues notices for non-compliance with Cost Audit
MCA has started issuing notices for non-compliance with cost audit provisions By CMA Navneet Kumar Jain FCMA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA It is natural for the corporates to go soft on the compliance provisions with regard to any of
Basics of Documentation for Advances in Bank
The documentation applicable for particular type of advances are either given in the Advance Manual of a particular bank or in the circular for specific type of advances, however, the main framework for documentation is as per the advances manual of
Corporate Finance Profession
Thinking of becoming a Corporate Finance Professional? Are you aspiring to become a Corporate Finance Specialist professional but not sure what the future holds? If so, you need to understand some key difference between the regulation in India and o
Is Collateral Security necessary for bank loans?
The concept of Social control in the field of banking sector was introduced by the Government of India for the first time in 1967 and with that in view, t...
Time, with the eyes of an investor
Time, with the eyes of an investor If you are working in finance, then you must have heard about ROI (Return on investment). This is the term we use to know how we are earning on our investment and as all good investor we want our ROI to be highest.
Sunday Ka Satyanash!
Rahul and friends went to a restaurant near Indra Nagra, Bangalore. The Idea was to spend the little cash that was left with them on good food and to rejuvenate for next day, Monday!! Little cash, since its the last week of the month.
No books, no penalty u/s 271B
I would like to discuss through the article, more on the controversial issue of non imposition of penalty under Section 271A and 271B if no books of accounts are prescribed under section 44AA with a recent case law. Before we go deep into the topic
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