CAclubindia Articles


Why the rupee is still declining?

Posted by TIRTHA RAY 09 August 2013 16983 Views

Let us walk around the various reasons why the rupee is still falling regardless of RBI interference to twig it The turn down in the value of the rupee against the dollar does not give the impression like coming to an end shortly. The Indian rupee h



Reimbursement of expenses not chargeable to Service Tax

Posted by Bimal Jain 08 August 2013 65254 Views

Dear Professional Colleague, Reimbursement of expenses not to form part of taxable value for Service Tax We are sharing with you an important judgement of the Honble Madras High Court in the case of Commissioner of Service Tax Vs. M/s. Sang



Conquer Self to achieve success

Posted by T.R.Radhakrishnan 09 August 2013 14619 Views

Success in life is not a chance but a choice and that too your choice. The problem that people face is how to make that choice and to realise that choice too



MCA issues notices for non-compliance with Cost Audit

Posted by CMA Navneet Kr Jain 07 August 2013 22096 Views

MCA has started issuing notices for non-compliance with cost audit provisions By CMA Navneet Kumar Jain FCMA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA It is natural for the corporates to go soft on the compliance provisions with regard to any of



Basics of Documentation for Advances in Bank

Posted by CA Satish Badve 07 August 2013 16625 Views

The documentation applicable for particular type of advances are either given in the Advance Manual of a particular bank or in the circular for specific type of advances, however, the main framework for documentation is as per the advances manual of



Corporate Finance Profession

Posted by Hari Iyer CA, MBA, CISA, FCPA 07 August 2013 9384 Views

Thinking of becoming a Corporate Finance Professional? Are you aspiring to become a Corporate Finance Specialist professional but not sure what the future holds? If so, you need to understand some key difference between the regulation in India and o



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 7746 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 18694 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 45924 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




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