CAclubindia Articles

Summary on section 54 exemption - capital gain with case law

Posted by CA Vinay parmar 01 July 2013 204618 Views

All about Capital Gain exemption under section 54 & 54 F and its applicability under various circumstances:- If an individual transfers any long term capital asset and plans to reinvest the sale proceeds in a new residential house property the

Some lights on sec 44AA, 44AB, 44AD

Posted by TKKKKKK 29 June 2013 314783 Views

44AA: MAINTENANCE OF BOOKS OF ACCOUNTS WHO SHOULD MAINTAIN : If a person carrying on business / profession and income from such business/ profession has exceeded 1,20,000 in any of the three p.y. or current p.y. (for newly set up business) I

Why RBI is not selling Dollar

Posted by Raghav Behani 11 June 2020 13004 Views

Earlier, whenever USD used to touch levels of 56-57, we would see intervention from the Reserve Bank of India to control the rise and bring back stability. But now what has happened

Unleash the power of Vision and Mission

Posted by Shivanand Pandit 29 June 2013 8871 Views

Vision Statements and Mission Statements are the motivating words or lexis chosen by victorious leaders to evidently and concisely transmit the path of the organization. By crafting a graspable mission statement and vision statement, one can vigorou

Tax Deduction on Purchase of Immoveable Property

Posted by Prateek Manocha 28 June 2013 14210 Views

This provision is applicable on transfer of immoveable property of Rs. 50 lacs or more. It requires TDS to be deducted at 1% of the price being paid by the purchaser of an immoveable property, irrespective of quantum of capital gains. If the seller d

SAP COFI For Beginners

Posted by SUMIT 28 June 2013 30088 Views

COFI: SAP Coffee & Management Accountants: An ERP Spurt.-Indian Perspective ERP and the role of Professionals in global scenario has been changed. In nowadays SAP (R3)-HANA is using by lots of prestigious company not in India but i

Pointwise checklist on preparation of online format 3CD

Posted by CA Hardik Mehta 28 June 2013 20036 Views

Form 3CB/3CD Checklist Note: Ch stands for Characters Form 3CB 1. Select I if the firm of auditor is proprietorship and We for partnership from drop down option. Select the year under audit fro

Income Tax Effectiveness in India

Posted by Suresh S Anandham 28 June 2013 8694 Views

Understanding effectiveness of Income Tax in India India is growing currently at the rate of approximately 5% per annum (as against over 6% in the previous year) as per the revised estimate by the Central government. Although Reserve Bank of India&r

Key Amendments in SEBI Regulations

Posted by Arpit Shah 28 June 2013 15820 Views

Key Amendments made at SEBI Board Meeting held on 25th June 2013 A. SEBI (Buy Back of Securities) Regulations, 1998 1. The Companies will have to buy-back mandatorily 50% of the amount targeted and reserved for the buy-back (Existing Pr

MSME Benefit for Manufacturing & Service Unit

Posted by CA Vinay parmar 27 June 2013 33791 Views

Hello Freinds, today i would like to share with you the various benefits which are available to Manufacturing Unit & Service Unit from the State government & Central Government. But unfortunately most of us are not aware of this subsidiaries