CAclubindia Articles

Should I Do Articleship or take a Dummy

Posted by Nimish Goel 28 May 2013 57722 Views

It is very sad and disappointing when students approach me and ask whether they should do proper articleship in a CA firm or should they take a dummy. This sadness comes from the very fact that our Institute

Property Transactions and new tax effect

Posted by CA Prashant Gupta 28 May 2013 42977 Views

Property transactions Budget 2013 amended some sections related to property transactions. These amendments effect a person in many ways. Some are described below: When there is difference between property value and stamp duty value exceeds 50,000/-:

Indian Banking System @2025

Posted by Indraneel Sen Gupta 28 May 2013 12164 Views

Indian banks need no introduction about its stupendous growth which it has achieved over the last 15 decades. Indian economy went through various phases through which the Indian banking segment went too and finally transformed India today

E-Filing is mandatory Income is more than 5 lacs

Posted by CA Prasenjit 29 May 2013 81040 Views

The Central Board of Direct Taxes (CBDT) is Spreading e-tax net through Notification dated 34/2013 dated 01.05.2013. E-filing of I-T returns is now mandatory for individuals, including salaried taxpayers, earning more than Rs 5 lakh taxable income d

Electricity charge from tenant not chargeable to Service Tax

Posted by Bimal Jain 29 May 2013 26049 Views

Electricity charge recovered from tenant not includible in renting of immovable property We are sharing with you an important judgement of the Ld. Commissioner of Central Excise (Appeals), Chennai in the case of In Ticel Bio Park Ltd. (2013) 33 tax

Economics of Stock Market

Posted by ashish sharma 29 May 2013 12179 Views

INTRODUCTION:Economics of uncertainty can explain stock market forces and the structure and randomness of the markets.The theory underlying the financial markets is the same theory behind market transactions. Economics help us to understand oil price

Analysis of Interim measures u/s 9 and 17 of Arbitration and Conciliation Act,1996

Posted by G S Rao 29 May 2013 108590 Views

Introduction: Arbitration and Conciliation Act 1996 repealed old Arbitration Act and incorporated law relating to domestic arbitration, international commercial

Mandatory Audit Report E-filling for the AY - 2013-14

Posted by Ashok 29 May 2013 26754 Views

CBDT has made it mandatory to E- file Audit Reports facility Provided that where an assessee is required to furnish a report of audit under sections 44AB, 92E or 115JB of the Act, he shall furnish the same electronically.; S.O. 1111 (E).─ I

Non-agricultural property even in a remote village

Posted by Rupesh Srivastava 24 May 2013 14443 Views

Recently on 20th Feb 2013 ITAT bench held that, Non-agricultural property, whether inside the municipality or outside the municipality or even in a remote village is a capital asset and transfer of the same may generate income liable f

Nothing to cheer for the Foreign Investor but only confusion

Posted by pankaj 24 May 2013 9624 Views

Foreign Investment is supposed to be the next big thing that will play major role in changing the face of the Indian economy. A lot has been debated about it in the recent years with major emphasis being paid on how to attract foreign investment in