CAclubindia Articles
Fishing inquiries unconnected with reasons
It is generally seen in the reassessment proceedings u/s 147 of Income Tax Act, 1961, the assessing officers tend to make inquiries and ask ques
Basic concepts of CMA data
Basic concepts of CMA data Introduction: Credit Monitoring Arrangement (CMA) data is a very important area to understand by a person dealing with finance in an organisation. It is a critical analysis of current & projected financial statements
Chartered Accountants in Treasury & Capital Markets
If you enjoy the thrills of trading and are fully aware of the risks involved, then treasury/ capital markets should be your choice of career. This is the division where financial products such as equities, bonds, currencies and other exotic produ
Manpower supply prior or Post 1st July, 2012
Whether employees sent on deputation to subsidiary/ associate companies amount to manpower recruitment or supply service before or after 1st July, 2012 Citation : 2012-TIOL-855-CESTAT-DEL Appellant (s) : ITC Ltd Respondent (s) : Commission
The Champion in Me
I was 2 days old & was surrounded by all kinds of people. Someone was a millionaire, someone was a business tycoon followed by people of all different caste & creed & everyone laughing on me. I looked u
At the verge of financial reporting
At the verge of financial reporting- MCA comes up with amended format for Abridged Balance Sheet and Profit and Loss Account Just as companies have declared the financial results for FY 2011-12, the Ministry of Corporate Affairs (MCA&rdqu
India's Reform Path: 21 Years on
The one word cover story of the Worlds Most Reputed Magazine set a lot of hue and cry a few days ago! It was the biggest humiliation when the real architect of 91 economic reforms was accused of being Underachiever. All said and done!!! Even
Introduction of Negative List - Changes in Service Tax law
Introduction of Negative List - Changes in Service Tax law effective 01.07.2012 1. INTRODUCTION 1.1 The Union Finance Minister announced implementation of a ne
Renting of immovable property - Waiver of Penalty
Taxability of Renting of Immovable property service levy came in to effect from 01-06-2007. And the latest development in the same claims to provide the assesses with a benefit by waiving of penalty and litigation. As per the legislative changes r
Meet the toppers
A exam results are just out and we had the opportunity to interact with the toppers and bring to you their success stories and close sneak peek into their motivating secrets. Let us find out what was their strategy and what helped them bust the s
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