CAclubindia Articles

S.10(23c)(iii)(ad) - Limit of 1 crore exemption available

Posted by Rupesh Srivastava 25 June 2013 64778 Views

Recently Hon`ble high court held that u/s 10(23c)(iii)(ad) - Limit of 1 crore exemption available to the assessee as annual receipts of each of the institutions. Assessee is running as many as 23 educational institutions upto assessment years 1

How to score well in CPT?

Posted by Guest 25 June 2013 104384 Views

Hey friends, Today I am going to tell you people how to pass or get a rank in CPT? The reason I am telling you people pass/get a rank is you have to pass in order to get a rank, and you have to follow my steps or take good things from my procedure

Basic aspects for preparation of Projected Financials

Posted by CMA Ramesh Krishnan 24 June 2013 41268 Views

Basic aspects for preparation of Projected Financials Introduction: How to prepare the projected financials to submit for bank funding is the basic work should learn by the person handling finance. It is a basic step before approaching bank funding

Comparison Of Old Audit Report Format With SA 700(Revised)

Posted by CA Vinay parmar 22 June 2013 79280 Views

Hello, Everyone, as we all know Audit period has started and we all are busy in Auditing and Finalization work and this time we all have to prepare Audit Report in a Revised Format. While going through the Revised format and the Old Format, I have

Casual Director

Posted by CS Ankur Srivastava 22 June 2013 20489 Views

Brief write-up on Section 262 Appointment of DIRECTOR to fill the casual vacancy In case of Public Company or a Private Company which is a subsidiary of a Public Company, the Board of Directors are empowered by to fill the casual vacancy in the off

Why should we file Income Tax return on Time?

Posted by CA Kapil Verma 22 June 2013 26311 Views

As per income tax act 1956, if the income of any person exceed the basic exemption limited limit of income tax act. Then he or she is required to file his/her income tax return accourding to the time limit specified in the section 139(1). Last dates

Introduction of New Audit Report Format by ICAI

Posted by CS DHANAPAL 21 June 2013 192460 Views

Revision in format of Implementation of SA 700 (Revised) /SA 705/SA 706

Interview Techniques - An Analysis of Practical Tools

Posted by CS SIDDHARTHA BANIK 21 June 2013 19884 Views

INTRODUCTION It has become a hot topic at CS/CA Fraternity regarding unavailability of suitable jobs at the market.

The Easiest Way to stop litigation in India

Posted by CA SURENDRA KUMAR RAKHECHA 21 June 2013 10861 Views

There are lakhs of LAW GRADUATES in India. Many of them are not engaged in the Law Profession which they chose as a Career (This situation is only in India; nowhere else) If they can utilize their professional skills to EDUCATE t

Cost of Acquisition of a Capital Asset acquired u/s 49(1)(ii)/(iii)(a) of the Income Tax Act, 1961

Posted by Bhaskaran Chackrapani Warrier 21 June 2013 95792 Views

COST OF ACQUISITION OF A CAPITAL ASSET ACQUIRED U/S 49(1)(ii) / (iii)(a) OF THE INCOME TAX ACT,1961. The income of a person has to be computed under any or all five heads of income for the purpose of levying income tax. Section 14