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CAclubindia Articles


Preparation Tips for IPCC Exams

Posted by sureshraj 17 August 2012 154723 Views

Hellow students my name is suresh, first of all i am happy to express my heartiest congratulations those who achieved sucess in May 2012 IPCC examinations and let me wish them all the best in thier future activities.so my dear students who got negit



Functional Currency under IFRS and its Implementation

Posted by Sanjay Chauhan (IFRS) 17 August 2012 32717 Views

This article covers the Functional Currency aspect differentiating with Presentation Currency as laid in Ind AS 21 i.e. IAS 21, which is totally new concept when India converges to IFRS. Introduction India has laid do



Gold Mutual Funds

Posted by Sathya Sankeerth K N 17 August 2012 12918 Views

A gold mutual fund is like a mutual fund backed by gold as the underlying asset and would be held mostly in demat form. An investor would get a securities certificate issued by the mutual fund running the Gold Mutual Fund defining



The Power of Effective Communication

Posted by Member (Account Deleted) 16 August 2012 16361 Views

Speaking what the other wants to hear! A short True Story from our pre-historic times: In between the grand lunch, accompanied by Kings of all neighbouring Kingdoms, where the most exquisite and the tastiest foods



Lost Money In Stocks? Use it to Save Tax

Posted by CA MK Agarwal 16 August 2012 14517 Views

Lost money in stocks? Use it to save tax An important rule of investing is not to be swayed by market volatility. If you panic and sell your stocks when they are down, you may repent later. However, if the stocks you bought a few months ago are runn



The Role of short term sensations in the long term investment

Posted by Ramalingam K 14 August 2012 8850 Views

In the digital age, the current affairs reach our living room 24*7. The power of internet and social media makes the news and rumours spread like a wildfire. Because of this information overload we become so focused on details that we begin to ign



Provisions for Investments by banks

Posted by Member (Account Deleted) 14 August 2012 28052 Views

Allowability of provision made by banks for Investment Depreciation Reserve due to MTM for AFS & HFT and amortization of premium on HTM. Many banks are disallowed for the certain deductions which are to be made as per RBI statutory regulat



Reverse Charge Mechanism of Service Tax

Posted by CA Prashant Gupta 13 August 2012 208802 Views

Reverse charge mechanism is not a new concept in service tax. Under the reverse charge mechanism, instead of service provider, the service receiver is liable to pay service tax. In that case, the service receiver will register himself with service



CPT- Can Pass Through! :)

Posted by Priyavarshini Jagannathan 13 August 2012 27471 Views

*Tring Tring Tring Tring* "Hey 1147/1200. Gethhhh dii" is the EPIC NEWS if my Life which I got when I was in my 12th Grade.! I wasn't happy about it though, as "U missed a CENTUM, by 1 mark in Commerce, by 2 marks in Accountan



Interest on Refund:Ranbaxy Case

Posted by vishal mishra 13 August 2012 18217 Views

RECENT CASE OF RANBAXY LABS LMITED v. UNION OF INDIA AND OTHERS[1] : DATE FOR DETERMINATION OF INTEREST ON REFUND UNDER S. 11-BB OF CENTRAL EXCISE ACT, 1944 VISHAL MISHRA INTRODUCTION Under the Central Excise Act, 1944, an assessee can make a cl




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