CAclubindia Articles

TDS on Transfer of property

Posted by Dilip K Raina 26 March 2012 33378 Views

TDS on Transfer of property- a bombshell In order to ensure that the real estate transactions come within the tax net, the Finance Bill presented along with the Budget 2012 proposes to insert new section 194LAA with effect from 01.10.2012 providin

Bank Branch Statutory Audit Odd Man Concept

Posted by CA Satish Badve 26 March 2012 23098 Views

Bank Branch Statutory Audit ODD MAN CONCEPT.

Learning for CA Students from Sachin Tendulkar Career

Posted by Naveen Chand Khulve 24 March 2012 28102 Views

Recently Sachin has completed his 100th International Century which is a milestone for him and every batsman wants to achieve that. Sachin get this achievement after 22 years which is not easy for any person to play such long time with consistency.

Note on Foreign Direct Investment in India

Posted by Ajay Mishra 24 March 2012 56281 Views

INTRODUCTION One remarkable feature of the contemporary world has been the proliferation of private capital flow in the form of foreign direct investment

Advance Pricing Agreements

Posted by Tarun M Guntanur 24 March 2012 11781 Views

Backdrop of APA introduction As widely reported, the conclusion of latest transfer pricing audits by Indian revenue authorities witnessed aggregate income adjustments to the tune of Rs 44,000 crore for one year alone, which is more than the aggr

Impact of Budget on Common Public

Posted by CA Prasenjit 24 March 2012 20763 Views

We, the common people had lots of expectations from the Budget 2012-13 in terms of more income tax exemption, more deductions in income tax & control of inflations. But the actual picture is far away from our expectations. Obviously common man

Financial Statement Analysis & Interpretation - Part I

Posted by CA. Aryendra 24 March 2012 108702 Views

Financial Statement Includes: Trading & Profit & Loss Account; which gives the result of years working. Profit & Loss Appropriation Account; which gives

TDS on Remuneration Paid to Directors

Posted by G S Rao 24 March 2012 409204 Views

TDS ON REMUNERATION PAID TO DIRECTORS u/s 194J(1)(ba) of INCOME TAX ACT,1961 Budget 2012 inserted a New clause 1 (ba) in Section 194 J which mandates TDS @ 10 % on any remuneration paid to Directors of a company. This clause will be effective

Deduction under 80 CCF discontinued

Posted by Tapas Ruparelia 23 March 2012 158984 Views

‎80 CCF DISCONTINUED:- Investments made in infrastructure will no longer be allowed as deduction from the Total income u/s 80CCF i.e. over and the above the deduction u/s 80C, the additional deduction of Rs. 20000 is discontinued from next fisc

Date of applicability of Changes in Excise and Custom Rates

Posted by Mihir Doshi 23 March 2012 75263 Views

This time common man, an Indian Tax payer was expecting magical budget with high benefits but for Individual its "Give and Take" kinds of budget. Honorable FM has increased the Exemption limit for Individual by INR 20,000/-, on the other h