CAclubindia Articles


Auditing Of Export Sales

Posted by Aditi Chandak 13 July 2023 260165 Views

Auditing of Export Sales. Based on data released by Directorate General of Commercial Intelligence and Statistics (DGCI&S), export sales by Indian exporters amounted to US$ 214.1 billion for the nine months ended December, 2012. Scaling down



Lehman Brother Collapse: Happy Birthday

Posted by Ashok Kumar Sharma 16 September 2013 48859 Views

15th September,2008 The day Finance Industry will never forget. The day when Worlds fourth largest investment Bank (in 2008) filed for Chapter 11. The bankruptcy which was never imagined before was before the eyes of the world. The worst cris



The 7 Laws of Clearing CA Exams

Posted by Nitin Soni 16 September 2013 117260 Views

Ever since my book The 7 Laws of Clearing CA Final is published, I have been asked this question multiple times why did you title the book as a CA Final book when the laws mentioned in the book applies perfectly to all studen



Guiding SME's on legal matters

Posted by Advocate Neerav Mainkar 18 September 2013 5529 Views

Would you like to have an exploratory telephonic / email interview with Mr Neerav Mainkar, Founder of M Neerav & Associates [a leading law & consultancy firm]? Alternatively, we would also gladly facilitate any article contributions / Q&



The Companies Act, 2013 - Provisions relating to Independent Directors

Posted by G S Rao 13 September 2013 108539 Views

Introduction: Having received the assent of the President of India, The Companies Act, 2013 has come into existence on 29.08.2013 which will replace the old Companies Act, 1956. As per Section 1 of the new Act, different sections of



Leadership role for social and ethical accounting!

Posted by Kannan Iyappan 12 September 2013 58880 Views

Top managers provide the blueprint for what a firms corporate culture should be. If the leaders fail to express desired behaviours and goals, a corporate culture will evolve on its own whic



Capital gains tax valuation (Immovable Property)

Posted by Mohammed Ibrahim 12 September 2013 149969 Views

Capital Gains Tax Valuation. (Immovable Property) (Keywords: Under Income-tax Act 1961 as amended from time to time, classification of Long Term Capital Gains (LTCG) and Short Term Capital Gains (STCG), Cost Inflation Index (CII), computation of



Accounting Standard 2 simplified

Posted by Siddharth Kadakia 12 September 2013 116350 Views

Introduction Why is valuation of inventory so important? From a lay mans perspective there can be two reasons. Firstly since the closing stock of the previous year becomes opening stock of the current year and it goes because of the going c



The value of goods supplied or provided free by a service recipient

Posted by RENGARAJ R.K 12 September 2013 59303 Views

The value of goods supplied or provided free by a service recipient under construction of commercial or industrial complex service, do not comprise the Gross amount under Notn.no.15/2004. Landmark judgment. Introduction: In a landm



Work carried out on lump sum basis is not supply of Manpower

Posted by Bimal Jain 12 September 2013 65180 Views

Dear Professional Colleague, Work carried out on lump sum basis does not falls under supply of manpower services We are sharing with you an important judgement of the Honble CESTAT in the case of M/s. Shri Bileshwar Khand Udyog Sahakari Mand




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