CAclubindia Articles

Valuation of leave travel concession in India

Posted by Aashish Ramchand 04 October 2012 18716 Views

Valuation of leave travel concession in India [Sec. 10 (50)] - Leave travel assistance provided by an employer to an employee for going anywhere in India along with his family is exempt on the basis of provisions given in the table below. F

Selection Process in Current Scenario

Posted by Member (Account Deleted) 03 October 2012 21772 Views

Greetings of the Day to every member of CCI Family!! Hurray today I got my dream job or Yippee I got a job that I always dreamt of have we ever heard these type of expressions from

Direct Taxes Vs. Indirect Taxes

Posted by CA CMA CS Ram Pavan Kumar Melam 03 October 2012 57479 Views

Introduction The objective of imposing taxes for any State is to raise revenue and to pay the necessary expenses of the Government such as promotion of the public welfare, protection of its citizens, and to finance it

Time Management for Final Exam Preparations

Posted by CA Dhiraj Ramchandani 03 October 2012 51083 Views

Introduction As I already mentioned in my earlier article, that I am receiving such requests of providing time schedules for preparation of different subjects for exams. In that

Internal Audit- 'A Shift'

Posted by Jitendra Jain 03 October 2012 18116 Views

A shift from Conventional Internal Audit to Risk Based Internal Audit The present Internal Audit across small and mid-sized organisation involves a dry review of Purchase, Sales, Operations, Finance and Payroll fun

Exam time strategy

Posted by Deepak kumar sharma 03 October 2012 25650 Views

Exams are approaching in few weeks. In exams, what matter most are proper revision and what we do in final 3 hours. Time is neither more nor less but it depends on our planning, mindset and efforts. So we will here briefly discussing proper revision

Choosing a Good Coaching Class

Posted by Madhukar N Hiregange 03 October 2012 14953 Views

The objective of any profession of having quality students coming out of the system is one of the important ones. The profession expects that

Venture World: An Introduction to Venture Capital

Posted by CA.Mathew Jacob 03 October 2012 19108 Views

As we know Venture Capital is a financial capital provided to early-stage, high-potential and risk companies. In other words, its the capital that is invested in a

Gratuity and its allowable exemption limit

Posted by Aashish Ramchand 02 October 2012 229179 Views

In this article I have discussed the various provisions regarding gratuity and its taxation - Gratuity is a retirement benefit. It is generally payable at the time of cessation of employment and on the basis of duration of service. To discuss th

Audit of fixed assets

Posted by *RENU SINGH * 02 October 2012 364016 Views

Objectives:- Ensure that All Expenses which need to be capitalized are capitalized; Company is maintaining proper Records of Fixed Assets; Deprecation , Profit/Loss on Fixed Assets Correctly Calculated; Compliance of Ac