CAclubindia Articles

Sec 50C - A Double Edged Sword

Posted by CA Rashmi Ainapur 04 October 2013 20842 Views

SEC 50C A DOUBLE EDGED SWORD Sec 50 C of Income Tax Act was introduced by Finance Act 2002, with effect from 01-04-2003 i,e Assessment Year 2004-05. The main intention for introducing Sec 50 C was to curb the movement of unaccounted elemen

XBRL Financial Statements - Requirements in India

Posted by CA sawan kumar 04 October 2013 35484 Views

The following class of companies have to file their Balance Sheet, Profit and Loss Account and other documents as required under section 220 of the Companies Act, 1956 with the Registrar using the Extensible Business Reporting Language (XBRL) taxono

Related Party Transaction, Caluse 188 of New Company Bill

Posted by CA Dhruva Kalamanji 04 October 2013 39501 Views

Related Party Transaction Clause 188 of the New Company Bill, 2012 vis--vis Section 297 of Companies Act, 1956. When the company bill, 2013 has received the consent of the president in the month of August it replaced the

Reverse Charge In Service Tax

Posted by Dhaval 04 October 2013 117990 Views

1 Reverse Charge (Tax Shift) Normally, service tax is payable by person providing the service. Section 68(2) makes provision for reverse charge i.e. making person receiving the service liable to pay

Sans pareil way to improve memory

Posted by gaurav 04 October 2013 11161 Views

Hi All As I delve into my CA final preparations, I have realised the pragmatic part of the the theory always said by me - Revision is the most terrific and Sans Pareil way to improve memory. So exams are nearing in, and everybody is doing their best

Be Passionate

Posted by *RENU SINGH * 08 October 2013 20368 Views

Be Passionate Whenever we think about the word Passion, we start to imagine a person who has love and burning desire to achieve his goals, aspiration. Its something thats more than words. There are many persons inclu

My ambition to be a CA

Posted by ashish sharma 01 October 2013 64103 Views

First of all greetings to everyone. I am neither a CA nor a CA student but yes, madly in love with this credential for the past 4 years. The intention behind this write up is not to show my craze for it or to prove it. Its neither a piece of advise

Articleship, Studies and your journey of CA

Posted by CA Vijeta Verma 01 October 2013 26509 Views

CA ,a very reputed and doozy course, a very demanding profession, promises a highly challenging but very bright career.But does entering/doing/completing this course in itself g

Preparation Strategies for Auditing & Assurance - IPCC Paper 6

Posted by Anurag 01 October 2013 141973 Views

Instead of giving you a blanket statement Study hard etc, I though would give you more strategic insights. There is no assurance that the strategy I enumerate would necessarily work for you in the Auditing paper. However given my pas

A quick view on some of important notified Sections

Posted by Aalok Chhaperwal 01 October 2013 19563 Views

As all we are aware that recently MCA has notified 98 sections and all these notified sections are became applicable from 12/09/2013. Many of the sections of Companies Act, 2013 which have been notified on 12/09/2013 have provisions similar to that