CAclubindia Articles

How many hours to watch out??

Posted by Sunshine 01 July 2011 12095 Views

Gentlemen and GentleLadies(principle of equality u see)... Yup, Sunshine is back with yet another article..As per my wont, i won't be delivering a boring lecture (not my forte)...boring lage to bhi padh lena..bahut meh

Brought Forward Business Losses can be set off against STCG

Posted by CA Aman Gupta 01 July 2011 20333 Views

Digital Electronics Ltd. vs. Addl. CIT (2011) 49 DTR 484/135 TTJ 419 (Mum.)(Trib.) Brief Facts In the course of assessment proceedings, the AO noted that the assessee has set off brought forward losses against short-term capital gains on sale

Alignment of Excise Classification Code and Products under Cost Audit

Posted by CMA Navneet Kr Jain 01 July 2011 11434 Views

Alignment of Excise Classification Code and products under Cost Audit (under Sec 233B) of Companies Act (year 2011-12 onwards) Amendment to Notification dtd 3rd May, 2011 Sir, In continuation of our earlier updates on cost audit, we would like

Opening of an Escrow Account for FDI Transaction

Posted by Guest 30 June 2011 20382 Views

Introduction: Escrow is derived from the old French term escroue, which refers to a roll of parchment paper or a small scrap of paper held by a third party until the transaction of property or arrangement was made complete by full payment of the

Management of Change

Posted by T.R.Radhakrishnan 30 June 2011 16443 Views

T.R.Radhakrishnan, Banking & Management, Facilitator: DRT & SARFAESI Act Cases, HR Trainer: Corporates, Colleges & Schools, 17, Morya Gardens, Behind Karnataka Vidya Niketan Kanadia Road, Indore. 452016 E-mai:trrk1941@gmail.com; trr19

Preparing for Professional Exams

Posted by CA Jahanvi Trivedi 30 June 2011 9732 Views

This is my first article in the CAClub. I have been following the club since recent and I have found it very useful for everybody- students as well as professionals. I have sorted out some of the important skills for studying for CA or any professio

Mandatory Cost Audit.Cost compliance for the FY 2011-12

Posted by CMA Navneet Kr Jain 30 June 2011 119311 Views

Sub: Latest amendment with relation to Cost Records (Sec 209(1)(d) and Cost Audit (Sec 233B) of Companies Act to be complied from the year 2011-12 onwards Sir, Ministry of Corporate Affairs has recently issued various notifications/cir

Policy for Empanelment of CA Firms and Selection for PSUs

Posted by Riya 29 June 2011 16500 Views

Empanelment of CA firms Chartered Accountant firms in India with at least one full time [1] FCA (Partner/Sole Proprietor) can apply for empanelment with this office for allotment of audit of Public Sector Undertakings. The criteria for empanel

Bank Reconciliation Statement

Posted by NURSINGHA SAHOO 29 June 2011 76276 Views

BANK RECONCILIATION STATEMENT Bank Reconciliation Statement You operate a bank account in which you deposit money and withdraw money from time to time. You maintain a record with yourself of these deposits and withdrawals. One day you get your pas

Excise Audit - Points to be noted

Posted by Member (Account Deleted) 29 June 2011 66290 Views

Simple single dozen steps before starting the Excise audit: 1. Understand the client Business with system support on business transaction 2. Some ERP may not support all the requirements of Excise data i.e. Oracle 11i may not support the