CAclubindia Articles

Five Reasons to invest in Debt Funds

Posted by Ramalingam K 13 March 2013 9606 Views

Though debt funds have got their own advantages, they are mostly ignored by common investors. Debt funds have got a unique place in your portfolio. Here are five simple situations, in which debt funds can be used by prudent investors. 1) To m

Your intelligence can be a handicap?

Posted by Durga Rao 11 March 2013 17008 Views

When a student pursues his academics well, is hard-working and is getting good grades, then, everyone appreciates him or her. Then, even the friends will give all the recognition, parents will feel very proud of and relatives also openly appreciat

Burden of proof to claim interest expenditure is on the assessee

Posted by Rupesh Srivastava 11 March 2013 15300 Views

S. 14A , burden of proof to claim interest expenditure is on the assessee. Subscribe TaxCorp e-Practice for the full report and to receive daily updates on Tax Laws. As informed in 11th Sep. 2012 and reported in (2012) 6 TaxCorp (DT) 52547 (SC), Inv

Career In Company Secretary - Essential Points To Know

Posted by Manjit Banga 09 March 2013 186801 Views

Everybody has some career goals in mind. Something they are thinking of doing or becoming . For commerce students, there are many avenues where they can build up a good career in the future. Company secretary course is one such course which can be t

Internal Control as Management tool!

Posted by Kannan Iyappan 09 March 2013 16355 Views

Senior management continually seeks ways to improve control over the organizations they lead. Internal controls are implemented to keep public or private enterprises, non-profit and other entities regardless of size on course toward

Internal Audit Checklist for Statutory Dues and Credit

Posted by CA Ayush Agarwal 09 March 2013 108052 Views

Dear All Internal Auditor, Audit Check List is Must for Audit. Through Only You can Know What Left and What Done. Input credit (Cenvat Credit):- 1. Cenvat Credit refers to availing (taking) credit of excise duty charged on

Campus Preparation

Posted by nikhil jand 08 March 2013 18948 Views

Search for Roti, Kapda & Makan begins for a Chartered Accountant as soon as he clears his final examination and finally the Institute of Chartered Accountant of India is ready to help them in getting Roti ,Kapda&Makan through Campus placem

Budget- Is there any relief?

Posted by MudraMantri 06 March 2013 7337 Views

Goofy, a 24 year old techie, in Bangalore was worried to the core. He was constantly scrolling the TV channels to find out if there is any relief for a salaried class like him. But alas, there is nothing. The only thing that matters to him and

Interest: A Comparative Analysis

Posted by Souvik Kumar Ghosh 06 March 2013 13112 Views

Law under Service Tax: Services are being taxed under the Negative List approach w.e.f. 01.07.2012. The Negative List, incorporated under Sec-66D of the Finance Act, contains a list of services which are not liable for service tax. Services by wa

Income Tax Practical Procedures in FAQ Style

Posted by Saurabh Maheshwari 06 March 2013 40207 Views

Introduction: Income Tax has always been a challenge not only for students, professionals or for Department but also for tribunals and courts. The reason may be the vastness and depth of the provisions of law which makes it sometimes complicated.