CAclubindia Articles

FAQ ON BANK GUARANTEE

Prakash 06 December 2007 at 17:17

Q: What does the term 'bank guarantee' mean? A bank guarantee is a commercial instrument in the nature of acontract, intended between two parties, to secure compliance with thecontract. It is an off-shoot of the main contract between two parties.A ba

SERVICE TAX PIN PRICKS

Vijay Kalia 06 December 2007 at 17:17

Service Tax Introduction ------------------------------- Initially the service tax was levied on three services when it came into force by Finance Act V of 1994.No separate comprehensive Act has been passed for the purpose and some thirty four sectio

Life as an Articled Assistant III

KAAPIL 02 December 2007 at 21:03

LIFE AS AN ARTICLED ASSISTANT III I am addressing the students and the community after a long gap of 25 days. I did not take break in Diwali but there was pressure of preparing material of CA Final New Course and hence this long break. Life contin

The Bullwhip Effect

Deepak Maithani 01 December 2007 at 20:30

The Bullwhip Effect (or Whiplash Effect) is an observed phenomenon in forecast-driven distribution channels. The concept has its roots in J Forrester's Industrial Dynamics (1961). Because customer demand is rarely perfectly stable, businesses must fo

Gist of Latest Judgement

Rupesh Srivastava 30 November 2007 at 11:23

DIRECT TAX LAWS Supreme Court of India G.K. Choksi & Company v. Commissioner of Income-tax Depreciation - Initial depreciation on building under section 32(1)(iv) at rate of 40 per cent would not be available to professionals; it would be available t

Important Judgements & Tribunal Orders Reported in Oct 2007

Rupesh Srivastava 27 November 2007 at 23:30

Gist Of Important Judgements & Tribunal Orders Reported in Oct 2007Subject Index: Supreme Court1. Interest awarded to the assessee by the High Court for illegal seizure of stock-in-trade of the assessee was converted to costs of Rs. 75,000/- towa

Digest of SC Judgement Oct 2006- June 2007

Rupesh Srivastava 20 November 2007 at 23:36

Digest: Very Important Judgements of Supreme Court. DigestOct 2006- June 2007 1. Attribution of profits to the Permanent Establishment The Supreme Court has held that since there is no specific provision under the Act to compute profits accruing

12 lessons in positive change management

Mukesh Agarwal 20 November 2007 at 15:40

TWELVE LESSONS IN POSITIVE CHANGE MANAGEMENTThe Change Management Group has benchmarked the best management processes in a number of organizations and has summarized twelve lessons in positive change management have emerged from their research. Work

Be Positive

CA Guru M 13 November 2007 at 15:48

THINK POSITIVELY & WIN GLORISLYIdeas rule the world; you shape your face fate & decide your destiny by your thoughts. You have to think high to rise. You have to believe & be sure of your self to win a prize.

E-payment of taxes : FAQ

Aisha 12 November 2007 at 16:48

e-Payment of Taxes e-Payment facilitates payment of direct taxes online by taxpayers. Toavail of this facility the taxpayer is required to have a net-bankingaccount with any of the banks listed below, which are the only banksoffering this facility at