CAclubindia Articles
Utility of Cloud Computing for Accounting & Taxation Firms
Utility of Cloud Computing for Accounting & Taxation Firms In the present day business functions and financial activities technology acts as a major requisite. Technology has changed the ways we exchange financial information and presentat
XBRL Correct Tagging vs Incorrect Tagging with Examples
Hi! Friends greetings of the day to all of you. You are aware that XBRL filing of financial statements by a select class of companies for FY 2010-11 was mandated vide Ministry of Corporate Affairs. The e-forms were duly certified by CA/CS/CMA profe
Private Jobs VS Public Jobs
This Article is about Jobs. As we all know , Now-a-days CAs are also facing Problem regarding Jobs. Due to High Competition in the Market. CAs are very comfortable with doing Practice because Its Satisfies with Capacity of Work as well Money also.
New Dimensions are open for Chartered Accountants
NEW DIMENSIONS ARE OPEN FOR CHARTERED ACCOUNTANTS . Soon after the wonderful qualification in the hands of the candidates; most of the fresh Chartered Accountants find difficult to get absorbed either in the industry or in the pr
Note on deduction u/s. 80HH to 80TT and Limit u/s. 80AB
Note on Allowability of deduction u/s. 80HH to 80TT of the Act to the extent of Gross Total Income in light of provision of section 80AB and determined Judicial Pronouncements: 1.1 Section 80AB of the Act: Deductions to be made with re
Tax saving tips for the new year 2013
First of all Happy New Year to the readers and happy new tax benefits. 1. Every Family member to be an assessee: Every family member should be an income tax assessee to avoid clubbing provisions and avoid the gifting complications. 2. Prepare
Point of Taxation Rules,2011 with recent amendements
BACKGROUND OF RULES I will start my article with the wordings of Finance Minister while presenting the Budget proposal for the financial year 2011-12, the Finance minister said that in order to achieve a closer fit between the present servi
Proliferation of Black (Dirty) Money
PROLIFERATION OF BLACK MONEY THE EVIL MOTIVE: From the olden days where the barter system prevailed till the phenomenal phase of technology today, from small traders and merchants to the CEOs of vast business empires, there has always bee
A Review on Independent Directors
A Review on Independent Directors Independent Director- Definition- Clause -149 (6) An independent director in relation to a company, means a director other than a managing director or a whole-time director or a nominee director, (a) who
Hedge Accounting for Foreign Currency Firm Commitments
In Continuation of my previous article.. Application of AS 30 under existing Indian GAAP as per ICAIs announcement: ICAI wide its circular dated 11th February 2011, has clarified that in respect of the financial statements or other financial
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