CAclubindia Articles

TDS u/s 194C-(Applicability in certain cases)

Posted by Yogesh Agarwal 02 February 2012 184151 Views

The section deals with the deduction of tax at source from the payment made to contractor. However, I am not dealing with the whole provision of the section but only with the contract for printing job or rather say manufacturing or supplying a pro

Agneepath "Way to CA/CS/CWA"

Posted by CA Pallav Singhania 02 February 2012 28741 Views

Hello everyone, result of IPCC is around the corner not so far away, few days are remaining and heart beats started to tumble. Hard work always pays if you had given your best then no need to worry you will clear it in flying colors. Being a CA stud

A success is never the end of the journey

Posted by CMA. CS. Sanjay Gupta 02 February 2012 14081 Views

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

Posted by praveer 02 February 2012 30695 Views

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

Posted by Third Eye Advisory 02 February 2012 37479 Views

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?

Posted by Prof. Bajaj 02 February 2012 7000 Views

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

Posted by Manish Kumar Agarwal 31 January 2012 52530 Views

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

Posted by ANANDH SUNDAR 31 January 2012 7726 Views

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

Posted by CA Pallav Singhania 30 January 2012 29816 Views

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?

Posted by RaGHuRaM 30 January 2012 23491 Views

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