CAclubindia Articles

5 Mistakes to avoid while saving tax!

Posted by Prof. Bajaj 29 February 2012 33180 Views

Its March knocking on the door and the same mad rush is seen everywhere. For what ?? To save tax of course. Be it businessman or salaried or professionals, there is still a huge chunk who are yet to make their tax saving investments and while doing

Shares held as investment & Shares held as Stock-in-Trade

Posted by Anooj 01 March 2012 16699 Views

Distinction between shares held as stock-in-trade and shares held as investment - tests for such a distinction 1.The Income Tax Act, 1961 makes a distinction between a capital asset and a trading asset. 2. Capit

Why to Vote?

Posted by priyanshu saxena 29 February 2012 4065 Views

Yesterday, at home we my mom, my dad and I were discussing on a popular saying: Sarkari school me padhna nhi hai Sarkari Hospital me Ilaaj Nhi karwana Sarkari Bus me nhi Jana But Naukri chahiye to Sarkari Means Everyon

Budget 2012 of Hope for DTC

Posted by CA Sudhir Halakhandi 28 February 2012 13653 Views

As per the expectations the DTC will replace the Income Tax Act which is more than 50 years old. While tabling it in the parliament the Hon. Finance Minister has announced that DTC will be effective from 1st. April 2012. What will be the actual

Analysis of Short Term Accommodation Service Introduced by Finance Act, 2011

Posted by PUNEET GOYAL 28 February 2012 30119 Views

Analysis of Short Term Accommodation Service Introduced by Finance Act, 2011 Taxable Service As per section 65 (105)(zzzzw) taxable service means any service provided or to be provided to a

PCC Preparation Style

Posted by *RENU SINGH * 28 February 2012 40294 Views

Hello everyone. Good morning. Accounts is totally practical exam. But still contain theory and theory questions repeat everytime. So I really request to all of you to please complete the compiler and read the paper's theory till year 2000.

Believe in yourself first, God later!

Posted by Niraj Mahajan 08 April 2021 10582 Views

Many times I have felt and still feel why we need God? I have seen many doing unnecessary things/rituals only to please God. I am not going to the debate whether God exists or not.

Why we should file the return? If salary is less than 5 Lakh

Posted by Abhishek Ranjan Singh 27 February 2012 86247 Views

Why we should file the return? if CBDT exempts return-filing for salaried having total income upto Rs 5 Lakh. IN MY OPINION IT IS ALWAYS BETTER TO FILE THE RETURN Some reasons:- 1.The tax department has notified that individuals with salary

Future of Form 26AS

Posted by Vignesh Killur

27 February 2012 17608 Views

Hi Everyone! What will FORM 26AS appear like in Future? At Present it is a TAX CREDIT STATEMENT meaning it displays the taxes paid by us like Advance Tax, Self Assessment Tax and Particulars of TDS made by others on our behalf. But what if it was

Understanding LLPs Better

Posted by Tony John 27 February 2012 8742 Views

The Limited Liability Partnership (LLP) is viewed as an alternative corporate business vehicle that provides the benefits of limited liability but allows its members the flexibility of organizing their internal structure as a partnership based on