There are two components in every works contract one is material component and other is labour component. Material incorporated in a works contract is considered as deemed sales to the contractee and hence is liable to VAT or sales t
I have seen the world Son!! Not for nothing I have these gray hair said Mr. Anand Desai, 56 Years old businessman to his son Niraj Desai, 28 years old professional working with a leading IT company. No Dad, I am also a post-gra
The bank branch statutory audit is a yearly task and has a vital importance due to following reasons. 1. Time for completion of audit is very limited and the audit had to be completed on or before specific date. 2. Increase in instances and new te
Students may surprise to read the title : AVERAGE STUDENTS ARE ACTUALLY NOT AVERAGE STUDENTS. . . After a research on the above; I have found that most of the students misbelieve that they are average students because their marks are average i.e.
Audit Committee An Overview (Section 292A of Companies Act, 1956 & Clause 49 of Listing Agreement) An Audit Committee is a key element in the Corporate Governance process of any organization. The emergence of corporate gove
This is my third article with CAclubindia.com and this time again I am happy to contribute something on corporate law related article. ESOP is a very hot and successful instrument to retain the good manpower with the company. The ESOP can be issue
Its the HR mail again. I need to do my tax savings now and submit the proofs. Said Monisha, a 26 years old Software professional to her colleagues Akshay and Neha. Neha: Me too !! Where should I invest ?? Monisha: Of course PP
Moments that are special may not necessarily consist of good ones. Special moments automatically get set in the "golden ring of memory ", no extra effort is needed for the same. Life is abundant with ORDINARY moments that, if these can be
UNDERSTANDING INCOME FROM HOUSE PROPERTY WITH LATEST CASE LAWS : In this article, we will discuss recent decisions of various courts & tribunals in respect of income from house property which will enable us better understanding of the subject an
Another New Year has dawned with new hopes, aspirations and expectations. 2012 could be a career defining year for some, for others it could be an year where they may be taking on some really tough exams. Whatever be it, 2012 is an year we look for
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