CAclubindia Articles


Is Collateral Security necessary for bank loans?

Posted by T.R.Radhakrishnan 07 August 2013 10215 Views

The concept of Social control in the field of banking sector was introduced by the Government of India for the first time in 1967 and with that in view, t...



Time, with the eyes of an investor

Posted by CA Prashant Gupta 07 August 2013 7745 Views

Time, with the eyes of an investor If you are working in finance, then you must have heard about ROI (Return on investment). This is the term we use to know how we are earning on our investment and as all good investor we want our ROI to be highest.



Sunday Ka Satyanash!

Posted by MudraMantri 05 August 2013 18691 Views

Rahul and friends went to a restaurant near Indra Nagra, Bangalore. The Idea was to spend the little cash that was left with them on good food and to rejuvenate for next day, Monday!! Little cash, since its the last week of the month.



No books, no penalty u/s 271B

Posted by Tony John 05 August 2013 45923 Views

I would like to discuss through the article, more on the controversial issue of non imposition of penalty under Section 271A and 271B if no books of accounts are prescribed under section 44AA with a recent case law. Before we go deep into the topic



Taking up a career as a Company Secretary

Posted by Manjit Banga 05 August 2013 14024 Views

A qualified CS can either be employed by a company or can start his/her own practice. A company secretary starting his/her own practice requires a Certificate from The Institute of Company Secretary India (ICSI). Students who manage to complete the



Extension of Filing Date is not extension date for payment

Posted by CA. Chikkerur C R 03 August 2013 14359 Views

Yesterday ( 31St July) was last date to file ITR for AY 2013-14 & Pay tax due on this. People including me were so busy to complete this unwanted task (Hated for few Tax Payers). Many were gathering their info in last minute; few people were se



Capital Gains summary-specially for CA Final

Posted by POOJA CHANDAK 03 August 2013 56054 Views

CAPITAL GAINS Applicable for A.Y.2013-14 Today very few people might have not known the word Capital Gains Tax. Section 45 of the Income Tax Act, 1961 deals with taxability of capital gains. Section 45 says that any profits & gains arising fro



What makes you a Chartered Accountant!!

Posted by CA Pallav Singhania 01 August 2013 37702 Views

Hello everyone after a long time I'm writing an article, I hope you that this will encourage and motivate you as my earlier ones did. This article is all about what makes a person to become a Chartered Accountant. The word Chartere



Company Secretary as a Profession

Posted by Manjit Banga 01 August 2013 13754 Views

Generally speaking all organisations are required to employ at least one corporate or company secretary. There are a few necessities for a company secretary. The most important requirement to be a company secretary is to be a member of a ministry ap



Assessee can't be forced to avail particular Exemption Notification

Posted by Bimal Jain 01 August 2013 10638 Views

The Department cant force assessee to avail a particular exemption Notification when benefit of other exemption Notification is available An important judgement of the Honble CESTAT, New Delhi in the case of M/s Winsome Yarns Ltd. Ver




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