CAclubindia Articles

Forex Basics

Posted by *RENU SINGH * 18 June 2012 25679 Views

Forex market is the biggest market of the world which has a daily turnover of 4 trillion $. It is also known as FX in short term. In forex market currencies of different countries are exchanged for the purpose of trading. There are 3 layers of for

Why did they join CA?

Posted by Deepak kumar sharma 18 June 2012 34523 Views

Chartered Accountancy is a prosperous professional career in India. Chartered Accountants enjoy a statutory monopoly in audit of financial statements under various statutes in India. Apart from professional practice, some CAs work in industry as fin

Issues relating to TDS on Hotel Accommodation Expenditure

Posted by Sagar Tilak 15 June 2012 223996 Views

The Tax Deduction at Source (TDS) on payment for hotel accommodation has always been a controversial issue. The assessee comes across a situation where he pays for the hotel accommodation taken for the guests of the entity in usual course of busines

Filing Return of Income for Individuals

Posted by RAHUL GANDHI 14 June 2012 51808 Views

FILING RETURN OF INCOME FOR INDIVIDUALS FOR F.Y ENDING 31-03-2012 (A.Y. 2012-2013) A. OBLIGATION TO FILE THE ROI: Any Individual who has earned income during the previous year & his income is more than threshold limit is required to file Ret

Guidance note on accounting by real estate developers

Posted by CA Sachin D Jain 14 June 2012 105149 Views

GUIDANCE NOTE ON ACCOUNTING FOR REAL ESTATE TRANSACTIONS (REVISED 2012) SIMPLIFIED 1) Applicability i) To the enterprises dealing in land, building and / or rights related thereto as sellers or developers. ii)

Critical study of Disclosure of Interest by a Director u/s 299 of Companies Act

Posted by G S Rao 14 June 2012 72363 Views

Introduction: Directors are appointed by the shareholders of the company and they are trustees of shareholders. As such they are in a fiduciary position and can not

All about Mutual Fund Investing

Posted by CA Siddhartha Bhardwaj 14 June 2012 17464 Views

Here are some basic facts that you need to know before you invest in a mutual fund. Mutual Funds are increasingly being touted as the retail investors' investment vehicle. But the key challenge is to choose the right fund. But it's simple. I

Renting of Immovable Property Service - Developments and Issues

Posted by CA.Manindar Kakarla 13 June 2012 54845 Views

Renting of Immovable property service is one among the services which has huge implication as to the coverage of number of assessees and the quan

Why to learn finance early in life?

Posted by Chirag Shah 12 June 2012 18693 Views

I am an MBA and still trying to understand various facets of this financial world. Whenever I think that I have learned enough of this and I know everything, there always comes in front of me a whole new asp