CAclubindia Articles

Pension Overview

nandini mishra 28 September 2011 at 12:08

Pension: - As per Section 17 (1) (ii) of the Income Tax Act, 1961 pension is a payment made by the employer after the retirement/ death of the employee as a reward for past service. Who is eligible for pension/family pension: -

CCI - A Wonderful Companion

CS LLB Pulkit Gupta 27 September 2011 at 17:16

"September 9, 2011, 9.30pm"- I was busy solving questions of Mergers & Acqusuitions from A.N.Sridhar when suddenly I a got a sms from my CCI friend congratulating me. I thought yaar he is too late to wish me for my PCC result. B

Tips on managing your studies while at work

Sreeniketh Angara 27 September 2011 at 17:15

Hey Friends, Based upon the exhilarating response to my previous article (Tips to manage stress at work especially written to benefit Articled Assistants and others alike :) ), i am now writing this article on how to manage your studies while Doing

Understanding Deemed Dividend with Latest Case Laws

Manish Kumar Agarwal 27 September 2011 at 17:13

Now a days, in a modern organization , there will exist a complicate business structure of holding & subsidiary companies along with closely held companies. There will be routine flow of funds between these companies. It is very important to h

How to score high in Tax exam

CA Karishma 27 September 2011 at 17:10

This article is addressing three stages: What to do on Exam day? How to prepare before exams? How to study during coaching? ON THE DAY OF EXAM: It is very important what you feel and do during that 3 hours. If you feel diffident and incapacit

Point of Taxation Rules, 2011

Selvakumar Selvaraj 24 September 2011 at 14:05

Notification 18/2011 dated 1st March 2011 brought stringent provisions of service tax to get early revenue to the government by introducing Pont of Taxation Rules, 2011. The purpose of rule is to set out as to when service tax to be

Need of correcting our 'Indian Legal System'?

Durga Rao 23 September 2011 at 11:28

We may very often say great things about Indian Judiciary or legal system. It is true that we have had great legal luminaries, who played a very important role in our democracy defending the Fundamental Rights of the people, expanding the scope of

Environment: Conservation and Challenges

Nabeel 22 September 2011 at 12:03

Environmental Issues in our age In recent time, Environment is the issue which has been discussed the most, either be it on the table of Policy makers, meeting of NGOs or on the podiums of intellects.

Provision for Expenses - Allowable expenditure

Manish Kumar Agarwal 21 September 2011 at 12:52

We have to make provision for various expenses based on the estimates at the year end as we are following the accrual system of accounting. But the income tax department was disallowing the same on the ground that same being contingent in n

Will the RBI deregulate the savings account interest rates?

K Srinivas, CMA CS 21 September 2011 at 12:52

A banks operational performance depends on it ability to get low cost deposits and to lend it to borrowers at a higher rate. Banks typically mobilise the funds from the public using various types of deposits like Current ac