CAclubindia Articles

Clubbing of Income: An essential part of Tax Filing

Posted by Garvit Dave 09 April 2021 19510 Views

Now that we know the scenarios which lead to clubbing of income, we could efficiently work around this very premise to save taxes. There is a fine line of difference between tax saving and tax evasion, spilling over from one to another could mean

Master Circular on Audit System issued by Government

Posted by gokul rathi 27 December 2012 54521 Views

We are aware that every year, on 1st July, the Reserve Bank of India comes out with Master Circulars on various subjects which consolidate all the instructions on the subject issued throughout the year. 102 such Master Circulars have been issued b

What is Salary | How to Calculate TDS on Salary

Posted by @VaibhavJ 24 April 2020 1064816 Views

TDS on salary is computed on Salary under section 192. TDS on salary is computed on the estimated annual salary of the employee at the rates in force in the FY

Concept of Internal Audit - A Spoon Feeding

Posted by CS Amit Kumar 26 December 2012 40646 Views

Concept of Internal Audit - A Spoon Feeding When we run an enterprise we be too busy in getting the goals or loosing the goals and become biased for the reason of success or failure. If we get success we think that we were strong and if we fail

Some Common Errors in Service Tax

Posted by Madhukar N Hiregange 26 December 2012 29812 Views

Service tax was introduced recently as compared to Central Excise Act and Customs Act. It has been seeing a lot of changes every year. The chance of the assessees (especially those who

How to clear CA exam with quality study

Posted by CA Abhishek Malpani 26 December 2012 92756 Views

Dear Friends, Today I want to share with you my experience through which I cleared the CA exams without any pressure & the kind of quality study require to clear the exam. I cleared my CPT exam in Feb 2008 & CA final exam in Nov 2011. In t

Role of Company Secretaries

Posted by CS M.Kurtrala Nathan 26 December 2012 21326 Views

Pursuant to section 383A of the companies Act, 1956, companies with a paid-up share capital of Rs. 5 crore or more are legally obliged to appoint a whole-time Company Secretary who must be a member of the Institute of Co

Key Highlights Companies Bill,2012

Posted by sumit bhatia 26 December 2012 78305 Views

Companies Bill,2012 Key Highlights Incorporation of a One Person Company has been permitted. Numbers of permissible members in private company has been raised to 2

New Features of New Income Tax Efiling Portal

Posted by Nishit Kaushikbhai Anadkat 26 December 2012 36501 Views

NEW FEATURES OF INCOME TAX PORTAL (https://incometaxindiaefiling.gov.in) After Assessee's Login, The Main options are - Dashboard which contains two options viz.To view Returns and Forms.List of Returns submitted showing major i

Do You Need Financial Planning?

Posted by Ramalingam K 26 December 2012 9851 Views

Let's answer this important question: Most of us think that financial planning is only for the very rich or poor. There are others who think that people need to plan only when they grow old as they need to save for their retirement and old ag