CAclubindia Articles

Taxability of Income from Real Estate

Posted by CMA Arif Farooqui 01 November 2012 33713 Views

Real Estate is an ever green investment option in India and it has always given good returns. It can be a residential or commercial property. Real Estate gives recurring income in form of rent and appreciation in value in case of re-sale. As it

Stress Busters During Upcoming Exams

Posted by CA Mansi Kotadia 01 November 2012 17694 Views

On a crucial time when CA Exams are approaching it's highly recommended to all students appearing the exams to be relieved from stress. As two sides of coins Stress can make us study more harder under exam pressure however it is

Changes in Income Tax Slabs for Individuals over Last Five Assessment Years

Posted by Member (Account Deleted) 01 November 2012 54542 Views

(AY 2009-10 to AY 2013-14) Individuals other than those specified in II, III, IV below Slab Details Rate 2013-14

Integration of risk and finance information in a financial organization

Posted by Dinesh Darak 31 October 2012 8826 Views

Introduction The recent global financial crises, intense regulatory requirements, extensive competitive pressures, voluminous data, have created a challenging enviro

Bad Debts & Provisions of Bad Debts

Posted by Member (Account Deleted) 31 October 2012 119033 Views

Bad debts are such debts which are not recoverable. Doubtful debts are such debts which are suspected to be recovered. As per judgment of TRF Limited vs. CIT (Supreme Court). Bad debts need not be proven to be irrecoverable u/s 36(1)(vii). It

Right of Appeal

Posted by v. srikanth 31 October 2012 13826 Views

At present, most of the sales tax/value added tax enactments have a provision which requires an assessee to deposit the entire amount of tax or a portion of the disputed tax, as an admission fee before filing appeal. An assessee, th

Mega Firms in Retailing - A Consumer Perspective

Posted by Alice Mani Jacob 31 October 2012 6487 Views

The issues associated with the entry of mega firms in retailing are often discussed from the perspective of the cons

All about CAG

Posted by CA Pooja Agarwal 30 October 2012 19343 Views

CAGs Cannot Be Cheer Leaders Very recently, Indias national auditor has said the government should not expect it to be a cheerleader for all of its actions. Comptroller & Auditor General Vinod Rai took the opportunity of addressing his se

Disallowance of Expenses in Computation of Profit and Gains

Posted by Member (Account Deleted) 29 October 2012 191360 Views

Disallowance of Expenses in Computation of Profit and Gains of Business or Profession Part - I Section 40(a) of Income Tax Act, 1961 Purpose: Disallowance of expenses for computing income u/s 28 of Income Tax Act, 1961. Applicability: All assesses

Impact of FDI in Retail in India

Posted by muthukumar 29 October 2012 41457 Views

IMPACT OF FDI IN RETAIL IN INDIA Analysis of FDI impact in INDIA M.MUTHU KUMAR The main objectives of this paper are to analyse the impact of recent opening of