CAclubindia Articles

Analysis of Service Tax on work contract

Posted by TKKKKKK 02 May 2021 298167 Views

Work contractor definition : Works contract, for the purposes of section 65(105)(zzzza), means a contract wherein,- (i) Transfer of property in goods involved in the execution of such contract is livable to tax as sale of goods, and (i

Overview of Revised Format of Auditor's Report

Posted by Rahul Sethia 16 May 2013 54108 Views

Auditors Report is the finale of the professional work of an auditor. It also acts as a means of communication with various stakeholders of the company. After the year 2008, commonly remembered as the year of financial crisis, superior clar

Financial Intelligence Unit (India)

Posted by Reena Kewat 16 May 2013 21634 Views

FINANCIAL INTELLIGENCE UNIT (INDIA) A NEW STEP TO CONTROL MONEY LAUNDERING Introduction Money Laundering has always been a matter of discussion for government of all the countries. Money laundering is the process of conce

Quotes on Income Tax

Posted by CA SURENDRA KUMAR RAKHECHA 16 May 2013 20706 Views

QUOTES ON INCOME TAX : CA SURENDRA RAKHECHA . . READING OF A "SECTION" GIVES DIFFERENCE RESULTS ! . . 1. At First Reading; you will HARDLY understand it. 2. At Second Reading; "SOMETHING" you will understand. 3. At Third Readin

A CA Student's Saga Part-III

Posted by Member (Account Deleted) 16 May 2013 11401 Views

Hi friends, I am again with my Third Version of my story. I dont know what got me into writing this. But surely it can be a case of with you and me. Its my life involved in this story. I am going to start my story from January 21, 20

Selection of Coaching Institute

Posted by CA Suraj Lakhotia 16 May 2013 11346 Views

We are reaching the conclusion of yet another season of ICAI examinations(IPCC and Finals). Soon we will have a batch of candidates completing the CPT exams and enrolling for IPCC. Here comes the biggest questions - Which coaching institute to joi

The Primary objective of the corporation: Value Maximization

Posted by Member (Account Deleted) 16 May 2013 25502 Views

The primary objective of the Finance manager is always to increase the wealth of the shareholders in long term. And this objective is also compared with the profit maximization objecti

Capitalization of Borrowing Cost

Posted by CA Prashant Gupta 15 May 2013 44520 Views

In this competition market mostly business work on borrowed funds. Finance has the work to arrange and utilize the funds. But after this Q is raised, when this borrowing cost will be capitalized and when it is charged to revenue. AS-16 deals with th

A Handy Referencer on Reverse Charge Mechanism

Posted by CA Pardeep Chanana 15 May 2013 24683 Views

Relevant Notifications:- Notification no. 30/2012 dated 26.06.2012 later updated by notification no. 45/2012 dated 07.08.2012 w.e.f. 01/07/2012 Dual System of Service Tax Payment A. F