CAclubindia Articles

Sawaal Jawab

Posted by Gaurav Arya 01 August 2011 14711 Views

SAWAAL JAWAB Confusion hi confusion hain, Solution kaa pata nahin Exams, study, office etc. Students life is so busy. And this busy life doesnt leave time to think. A lot of questions come in student mind

A Comparative view on Goods and Service Tax (GST)

Posted by Nagesh Bajaj 29 July 2011 18767 Views

This comparison is based on the recommendations of the First Discussion Paper produced by the Empowered committee of states finance ministers

The 3D's of Success

Posted by Amol Gopal Kabra (CA,CS,DISA) 29 July 2011 46087 Views

Recently I have written some articles for PCC and Final students. This article is especially written keeping the CPT students in mind. This is because they are new to the course and they should know the basic factors that are required for this cou

Summary of Recent Judicial Pronouncements

Posted by khushbu darak(CWA) 29 July 2011 15166 Views

Important judicial pronouncements under Service Tax: 1. Whether abatement under the Notification Nos. 15/2004 and 1/2006 with respect to Commercial and Industrial Construction can be denied as assessee provides only completion and fi

Rule 3 (5b) of Cenvat Credit Rules ... Post Budget 2011

Posted by Manoj Pala 28 July 2011 25560 Views

Notwithstanding the technicality of the law viz: the point of discussion Provision for write of inventory, we opine that in the subject matter the spirit of the law in principle might prevails over the technicality of the law and which

Understanding Allowability of Business Expenditure u/s 37

Posted by Manish Kumar Agarwal 28 July 2011 131428 Views

Understanding Allowability of Business Expenditure under section 37 of the Income Tax Act, 1961 with latest case laws Section 37 of the Income tax Act, 1961 is a residuary section for allowability of business expenditure and the same is given be

Good to Great Risk Management

Posted by Sonia Jaspal 28 July 2011 8628 Views

In the aftermath of the financial crises, it would seem fair to presume that risk management functions now have higher visibility, authority and influence. However, a recent report Too good to fail? issued by Economist Intelligence Uni

Exemption from disclosing in P&L A/c u/s 211

Posted by Alok Rudra 28 July 2011 19199 Views

Exemption to certain classes of companies from disclosing in their profit and loss account from certain information in terms of Part II of Schedule VI [Ref: Notification No. S.O. 301(E), dated 8th February, 2011 and F. No. 51/12/20

Setting priorities: A strategy for the self

Posted by Ritesh Indian Son[CMA*CS*CA] 28 July 2011 15606 Views

Time flies, so do opportunities. We miss some while we catch some, sometimes in awe, at other times in regret. But the most hazardous thing to do is to play around with priorities, juggling with what needs prior attention and what is subtle enough

Is your business eligible for bank funding?

Posted by Bhavik Mehta 28 July 2011 25467 Views

Bank finance is very important for growth of the business. Can you imagine companies like Reliance & Tata to become biggest business groups in our country without bank funding?