CAclubindia Articles

5 Mistakes to avoid while filing your IT Returns!

Posted by Prof. Bajaj 13 July 2012 55735 Views

And now its that month of the year, when the running around starts for IT returns filing. With the advent of technology, and the initiatives taken by Income-Tax department, hopefully we will not see long queues in the Income Tax Office, for ITR fi

Indian Legal System - Problems may not end soon?

Posted by Durga Rao 12 July 2012 23627 Views

A good legal system represents good governance in the Country. We may say that India is a vibrant democracy and we may further proudly say that Indian society reflects Unity in Diversity. There are critics of democracy and they show

Lengthy Question Paper or Lengthy Answers

Posted by CA Suraj Lakhotia 12 July 2012 31693 Views

Wish I had some more time.. The paper was very very lengthy. How can one complete so many questions in three hours time? I knew the answer, wish I had some more time. This question was short; I should have att

Managing Director - An Overview

Posted by CMA. CS. Sanjay Gupta 12 July 2012 218256 Views

Managing Director An Overview Definition of Managing Director According to the definition given in Section 2(26) of the Companies Act, 1956:- "Managing Director" means a director who, by virtue of an agreement wit

Chartered Accountants in Investment Banking

Posted by Vivek Krishnamoorthy 10 July 2012 32133 Views

Morgan Stanley offers $200,000 to IIM student for Investment Banking role! One often reads such lines in newspapers. What is Investment Banking (familiarly called I-banking), and why is it so hot? Lots o

Enhance your communication skills

Posted by Deepak kumar sharma 10 July 2012 28829 Views

Effective Communication is a great art. It is more important for the people engaged in business and professional services. They need to improve their communication skills from time to time. Professional and business organizations are always looking

Service Tax on Renting

Posted by Deepak Gupta 10 July 2012 56051 Views

Chronological legal history of provisions relating to service tax on renting of immovable propertyA. 01.06.2007 by Finance Act, 2007Section 65 (90a)Renting of Immovable Property includes renting, letting, leasing, licensing, or other similar arrangem

Point of Taxation

Posted by PUNEET GOYAL 10 July 2012 78843 Views

Service tax will be paid on accrual basis except in certain specified cases. 1. Earlier service tax was payable on receipt of payment in respect of taxable services provided.

New Takeover Code: Disclosure Requirement

Posted by CS Ankur Srivastava 10 July 2012 44238 Views

SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 Gist of: Acquisition of Shares and Disclosure Requirement Substantial Acquisition of Shares, Voting Rights or Control Acquisition: Acqu

Who's Stealing my money?

Posted by Prof. Bajaj 09 July 2012 16477 Views

Today I have accumulated enough money to buy a new bicycle for myself , said Rahul, a 13 year old kid, who was saving money from last 3 years in his piggy bank. He was quite impressed with his fathers philosophy of saving mone