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CAclubindia Articles


XBRL: The Future of Financial Reporting

Posted by CA. Nirmal Ghorawat 09 March 2012 19784 Views

(This article has been published by the Guwahati Branch in their Souvenir for the National Conference of ICAI held at Guwahati, Assam on 16-17 December 2011.) A. Introduction to XBRL XBRL is the buzz word today in our professional fraternity. Why n



New ULIPs: Are they Any Better?

Posted by Prof. Bajaj 09 March 2012 8478 Views

No Sir, the Old Expensive ULIPs have gone now. The New ULIPs have been launched with much lower charges. You should invest in them. These are the new in-statements of the insurance advisors these days who were going ga-



Understanding Section 14A Impact With Case Laws Part-II

Posted by Manish Kumar Agarwal 09 March 2012 21905 Views

The Income tax department (ITD) now a days become very harsh to the assessee in respect of disallowance made under section 14A read with rule 8D. The ITD applies rule 8D blindly on the assessee and making un-necessarily additions causing hardship



A Handbook on Private Equity Funding

Posted by Rajkumar Adukia 07 March 2012 14935 Views

INTRODUCTION The private equity boom is breathtaking. It's not just making investors rich - the wave of deals is changing the mindset of corporate managers everywhere.



Were Section 76 and 78 Always Mutually Exclusive?

Posted by CA Ankit Gulgulia (Jain) 07 March 2012 34929 Views

Where a person is liable to pay service tax u/s 68 and fails to credit the tax or any thereof to the account of the Central Government within the prescribed time limit then he shall be liable to pay taxes along with applicable interest under section



Art of Internal Auditing!

Posted by Selvakumar Selvaraj 07 March 2012 18744 Views

Now, the world is in twenty first century, everywhere changes could be visualised but with respect to accounting, auditing etc, where is the change? Modern organisations have become more sophisticated and thus resulted



Other Courses with Chartered Accountancy

Posted by CA Pallav Singhania 07 March 2012 65533 Views

Hello Everyone very Good Morning to all my friends and respected Seniors.There always a question in our mind what to do while doing CA.In the case of an articled clerk who is already a graduate, one additional course of study out of t



Family says "Leave CA?"

Posted by *RENU SINGH * 06 March 2012 37640 Views

This article relates to those who want to be CA and it is their dream, desire, passion. CA is not just a Tag, its their world. Its the main essential part of their life. The real complication arises when they are facing the failures



Overcome Exam Failure Phobia - Tips to clear CA/CWA/CS exam

Posted by CMA Raveendranath 06 March 2012 91321 Views

In my continues efforts in winning the hopes of the depressed students due to continues failures experienced in writing professional exams, I thought of sharing few important tips or you can also call it as guidelines for achieving success and join



Maintenance of Records under Service Tax

Posted by srikanth 06 March 2012 87877 Views

MAINTENANCE OF RECORDS FOR SERVICE TAX - By Srikanth.Manne With the blessings of the God and my Gurus and inspiration from Bosses, Colleagues and my family members I am writing and posting this first article. Service tax assesses are gover




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