Easy Office
Easy Office

CAclubindia Articles


Long Term Capital Gains-Exemption u/s 54F

  CA RAMESH KUMAR AHUJA    22 March 2010 at 11:18

Long Term Capital Gains-Exemption u/s 54F Long Term Capital Gains from all capital assets attract a special rate of income tax. Long Term Capital Gains may result from a transaction of sale which in itself may not be in the nature of a regular sou



Leveraged Buyout Vs. Distress Buyout

  Tharun Raj    20 March 2010 at 11:43

You are a well reputed company and came across to buy stake in another company. You are not likely to invest your money into that company, but anyhow intended to purchase stake/controlling interest.What to do?? Ask me i will give u an advice. Do as



Role of Due Diligence in the Upcoming Scenario

  Prasanth Nair V    20 March 2010 at 11:41

Role of Due Diligence in the Upcoming Scenario We are aware of the term Due Diligence, as we are frequently coming across during our audits. But how many of us, really know what it pertains to. If u want to know its exact meaning and implications,



Service Tax Procedures

  Rajiv    20 March 2010 at 11:31

As on 1st May, 2006,95 services are identified as taxable services in India. Section 64 of the Finance Act, 1994, extends the levy of service tax to the whole of India, except the State of Jammu & Kashmir



Guide to accounting for financial instruments and derivatives

  Vinod Kothari    19 March 2010 at 17:04

Guide to accounting for financial instruments and derivatives All that stuff about AS 30, 31 and 32 Note of cautionWe would like to start this article with two notes of caution. First, AS 30, 31 and AS 32 are Indian accounting standards that corresp



SaaS BPM A Suitable Present Day Confluence

  Madhusudan    19 March 2010 at 12:08

The talk about SaaS BPM has been doing rounds for over a couple of years now. An increasing number of industry related experts now speak in favor of this integration and one of the main reasons is the level of collaboration that this integration off



Proof of travel not required for claiming LTA

  CA Pramod Jain    19 March 2010 at 11:28

Proof of travel not required for claiming LTA : Supreme CourtDear All,Please find very useful decision with regards to claiming LTA without supportings as below :- LTA : Evidence of Expenses Employers, while processing the conveyance and leave &



Snatching earth beneath landlord's feet

  Pradeep Jain    19 March 2010 at 11:25

Snatching earth beneath landlord’s feet with retrospective amendment Prepared By: CA Pradeep Jain Sukhvinder Kaur, LLB Introduction: - The renting of immovable property for commercial/business purpose was brought under service tax net in



What Constitutes Salary Income?

  vidyasagar    18 March 2010 at 12:02

Income from Salary WHAT CONSTITUTES SALARY INCOME?"Salary" is the remuneration received by or accruing periodically to an individual for service renderedas a result of expressed or implied contract.Compensation or remuneration even in the f



Section 372A Made Easy

  Prasanth Nair V    18 March 2010 at 11:21

372A of the Companies Act in a Simple Format Section 372A of the Companies Act makes u aware of the provisions regarding Intercorporate Loans and Investments. This section also covers the guarantees and securities pledged for the grant of Loans