CAclubindia Articles
A success is never the end of the journey
Hello everyone. Greetings of the day. My last article was A Failure Is Never The End Of The Road. Now here I am again sitting to write the sequel of that article. When I wrote t
Schedule VI - An Overview
New Schedule VI - An overview MCA has recently replaced the existing schedule VI (as substituted by Companies Amendment Act 1960) with new one, vide notification no. S.O. 447 (E), dated 28th February 2011 by central government through exercising pow
Master audit program of administration expenses
COURIER CHARGES 1.Check whether comparative quotations have been called for or not see whether the best quotation has been selected - Annual rate contract can be checked.
Do we really understand the meaning of risk?
The other day, I was talking to a friend of mine, Sunil (name changed), when he told me that he is looking for a good life insurance policy for his father, who is 65 years old. Sunil also said that most of the policies do not cover his father and
Understanding capital and revenue receipt and expenditure
There is always a dispute in respect of capital & revenue receipt & expenditure. Lets clarify the same with the help of some of the latest judicial decisions in this respect. Non Compete Fees : Non compete fee received by assess
Essar oil redefines factoring/assigning to save group cos
It is not often that concepts like factoring/assigning/taxation are relevant for investing. But sometimes, one is shocked at the extent of opacity in financial accounts. For some context, the Supreme Court recently held that Essar Oil was not eligib
Why I joined CA,a true story
Today Im sharing not only an article but a reality of my life. From the beginning of my life I was a good student but I was not sincere to my studies. I always tried to escape from my school and from tuitions. In Class 10 I attended only 36
How to deal with failure?
Successful people are differentiated from the normal people not by the amount of success of achieved, but by the way how they converted their failures into success. Many peo
A fight over jurisdiction(Vodafone Case)
I am sure that you must have heard of Vodafone Case in News or Discussions, But very few of us are aware of the fact of the case and the real story. Its a landmark case of Indian Judic
Eight simple way to plan your tax
Eight Simple Ways to Plan your taxes. You have got only a few more months to complete this financial year. Very soon you will get a call from your company to submit the proofs for tax saving investments. So why dont you spend some time on org
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