CAclubindia Articles


True story of CA student

Posted by sachin 16 July 2012 63597 Views

Hi Friends, this is Sachin. This is my first article on life journey of a CA student before CA Inter. This article is based true story. I have joined CA course in july 2006 after completion of my degree in Small town (a small city in belgaum dis



High Courts & Lower Courts & few issues?

Posted by Durga Rao 13 July 2012 15177 Views

Citizens very often complain about our legal system and as to how the Courts are functioning in this country. People having experience with Courts will explain in detail as to how our system functions. Unless one is a habitual litigant misusing th



5 Mistakes to avoid while filing your IT Returns!

Posted by Prof. Bajaj 13 July 2012 55731 Views

And now its that month of the year, when the running around starts for IT returns filing. With the advent of technology, and the initiatives taken by Income-Tax department, hopefully we will not see long queues in the Income Tax Office, for ITR fi



Indian Legal System - Problems may not end soon?

Posted by Durga Rao 12 July 2012 23623 Views

A good legal system represents good governance in the Country. We may say that India is a vibrant democracy and we may further proudly say that Indian society reflects Unity in Diversity. There are critics of democracy and they show



Lengthy Question Paper or Lengthy Answers

Posted by CA Suraj Lakhotia 12 July 2012 31682 Views

Wish I had some more time.. The paper was very very lengthy. How can one complete so many questions in three hours time? I knew the answer, wish I had some more time. This question was short; I should have att



Managing Director - An Overview

Posted by CMA. CS. Sanjay Gupta 12 July 2012 218249 Views

Managing Director An Overview Definition of Managing Director According to the definition given in Section 2(26) of the Companies Act, 1956:- "Managing Director" means a director who, by virtue of an agreement wit



Chartered Accountants in Investment Banking

Posted by Vivek Krishnamoorthy 10 July 2012 32133 Views

Morgan Stanley offers $200,000 to IIM student for Investment Banking role! One often reads such lines in newspapers. What is Investment Banking (familiarly called I-banking), and why is it so hot? Lots o



Enhance your communication skills

Posted by Deepak kumar sharma 10 July 2012 28828 Views

Effective Communication is a great art. It is more important for the people engaged in business and professional services. They need to improve their communication skills from time to time. Professional and business organizations are always looking



Service Tax on Renting

Posted by Deepak Gupta 10 July 2012 56047 Views

Chronological legal history of provisions relating to service tax on renting of immovable propertyA. 01.06.2007 by Finance Act, 2007Section 65 (90a)Renting of Immovable Property includes renting, letting, leasing, licensing, or other similar arrangem



Point of Taxation

Posted by PUNEET GOYAL 10 July 2012 78839 Views

Service tax will be paid on accrual basis except in certain specified cases. 1. Earlier service tax was payable on receipt of payment in respect of taxable services provided.




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