CAclubindia Articles

Cracking the CA Exam by past exam questions!

Mythreya 28 January 2010 at 14:08

Dear Students,Your response for my posts which I started a few days ago was gladdening to the heart.Please continue reading my articles and postings which I would publish online in this forum and also maybe a blog later...Today I intend to take up th

deduction u/s 80-IA of income tax act, 1961

CA Anshu Agarwal 28 January 2010 at 14:07

3.1 Deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc. [Section 80-IA]3.1.1 Applicability: where GTI includes any profits and gains derived from eligible business.

Failure is not final?

Durga Rao 28 January 2010 at 14:07

Looking at CA results and imagining at the pain of my dear students who could not complete their course, I just want to expose my views on failures and want to emphasize that failure is common in everyones life, but, handling it makes all th

No TDS on Service Tax Component

CA Pankaj Galhotra 28 January 2010 at 14:07

NO TDS ON SERVICE TAXWith the advent of service tax, an interesting question has arisen whether tax is deductible at source under the IT Act even in respect of the service tax component of the pro

Transfer Pricing

CA Prashant Gupta 28 January 2010 at 14:07

Transfer Pricing Sometime an Indian company can associated with a foreign company which is situated in other country. Indian company can purchase on high price or sale it on lower price to shift its profit. In this way a part of profit is transferre

Submitting to stupid rules

Sharangdhar 27 January 2010 at 12:56

As I walked down towards home one day, I heard someone calling my name. I turned back to see who was there. It was an old friend of mine walking briskly towards me. He had a heavy bag on his back. "Relax. What are you doing out here at this time

Roasted Almonds Case--Indirect Tax Case Laws --exam approach

Mythreya 27 January 2010 at 12:53

An interesting Query which came in the forum was thus:“CASE: Almonds are roasted in ghee and salt and cut into pieces and packed in small bags and kept in freezers. These almonds are later on mixed in ice cream to create new flavours.(The roast

5 Tenets to follow for the Direct Taxes preparation

Mythreya 26 January 2010 at 13:21

Many people consider this subject as a bug-bear.I proffer now some Tenets(principles/study-tips) for people who would like to conquer this "Paper dragon"I would enumerate points below and am sure if these points are followed

HOW TO FORM A COMPANY IN INDIA

CA CS CIMA Prakash Somani 26 January 2010 at 13:20

HOW TO FORM A COMPANY IN INDIASteps to be taken to get incorporated a private limited company:- · Apply for DIN (Director Identification Number) Documents Required: Identity and Address proof and one passport size phot

Aal Izz Well....

Nikita Jain 26 January 2010 at 13:20

As i woke up in the morning today and opened the daily newspaper.....a newspaper article read...."Man commits suicide after failing CA Final exams!" I was shocked to read further and realize that i knew that person....In the few conversatio