CAclubindia Articles

At the verge of financial reporting

Posted by Aditi Jhunjhunwala 27 July 2012 17633 Views

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

Posted by Pankaj Pendse 30 July 2012 9794 Views

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

Posted by Manoj Pala 26 July 2012 154928 Views

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

Posted by CA Meenu Garg 26 July 2012 32907 Views

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

Posted by Guest 26 July 2012 48690 Views

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

Manufacture or production of goods "Negative list"

Posted by Pradeep Jain 26 July 2012 26475 Views

Manufacture or production of goods - an exemption or a litigation in negative list Introduction:- Exemptions and beneficial amendments are always prone to litigation w

First Interview bubbles

Posted by Member (Account Deleted) 25 July 2012 23920 Views

First Interview: Your interview has been scheduled after two days on Wednesday 1st March 2012 at 12.30pm IST.Hearing this cold blood runs through your spine. Within hours the entire neighborhood, family, friends, relatives kn

Clause 36(1)(viia)

Posted by Member (Account Deleted) 25 July 2012 48979 Views

Many banks are in the state of confusion that they cant take the benefit of both the section 36(1)(vii) and 36(1)(viia) of Income tax Act. In this article I have tried to explain logically by historical approach of these sections. [1] FOR

Monetary Benefits for Tree Plantation

Posted by Paras 25 July 2012 19430 Views

Benefits for Tree Plantation I aim at planting a good idea in your mind. Carbon production is rising daily by huge volume. Gases like Carbon Monoxide (CO) and Carbon dioxide (Co2) continue to increase their share in atmosphere as you read this a

An Open Letter to CA Final May '12 Students

Posted by Aniket 23 July 2012 40829 Views

Dear Students, Youve just received your CA Final results on 19th July. I am fully aware of the tension, nervousness and the pain in the stomach for the few days preceding the CA result.