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CAclubindia Articles


New derivatives valuation norms to sway banks' bottomlines

  CA Nikita    01 September 2007 at 20:04

Bank balance sheets may turn more volatile on account of the new accounting rules that would change the way derivatives are valued. The central bank has set up a sub-group to look at implementation of Accounting Standard 30 (AS 30), which pertains to



SCOPE OF THE ETDS/ETCS STATEMENT ENHANCED

  RAJAN GUPTA    01 September 2007 at 08:44

CBDT has enhanced the scope of filling Etds/Etcs return by amending the rule 31A(applicable on etds) and 31AA(applicable on etcs) vide Income-tax (Ninth Amendment) Rules, 2007NOTIFICATION No. 238/2007, dated 30-8-2007.Now following person are liable



Indian exam Syllabus

  Ritesh    30 August 2007 at 16:10

L.I.C. Officers' ExamA competitive examination for the recruitment of the Assistant Administrative Officers etc, in Life Insurance Corporation (LIC) is held once a year, generally in the month of June. The blank application form and particulars are p



tally import data

  Ritesh    30 August 2007 at 16:06

Import TALLY Data / Export TALLY Data Tally allows users to Import data from other software's as well as Export data from Tally to other software's. Tally allows users to Import and Export in ASCII, SDF and XML formats. XML is now the most widely use



Service Tax on Works Contract

  gscindia    29 August 2007 at 16:13

BACKGROUND:Infrastructure development has been major thrust area in government policies in recent past. India is witnessing all round development in infrastructural facilities as never before. Better Road Network, Airport of International Standard, M



Doctrine of Unjust enrichment

  nikunj    26 August 2007 at 15:37

11B: DOCTRINE OF UNJUST ENRICHMENT · In UOI Vs. Solar Pesticides (P) Ltd. (2000) it has been held that the provisions of unjust enrichment is applicable also in respect of captive consumption of inputs. · In C.C.Ex Vs Allied Photographics (Sc



Be Alert

  nikunj    26 August 2007 at 15:36

ATTENTION STUDENTS PURSUING C.S. COURSE Applicability of Latest Finance Act and other changes for Company Secretary June 2006 Examination. Direct Taxes All the students may kindly note that for the June 2006 Examination session, in respect of Direct



ALL OLD CIRCULAR,CLARIFICATIONS WITHDRAWN,NEW CODING DONE CIRCULAR NO 97 DT 23/08/2007

  RAJAN GUPTA    25 August 2007 at 21:31

NEW SERVICE TAX CODING,ALL OLD CIRCULARS,CLARIFICATIONS WITHDRAWN CBEC has issued a circular no.96 dated 23/7/2007 Service Tax.Main heading of the circular is summersied below:1.ALL OLD CIRCULARS ,CLARIFICATION AND COMMUNICATION WITHDRAWNParagraph 6



BANK AUDIT NORMS ::

  CA.Saibaburao Nanduri    24 August 2007 at 16:02

Implementation of revised empanelment norms for appointment of statutory auditors of public sector banks select all India financial institutions & RBI.CLARIFICATION AS REGARDS THE MEANING OF THE TERM 'AUDIT STAFF' ISSUED BY RBI The Reserve Bank o



Complications and Facts of Accountancy

  CA Nikita    23 August 2007 at 18:09

With the opening up of the real-estate industry, there has been an increase in Foreign Direct Investment (FDI) in the sector. According to a report by property consultants Jones Lang LaSalle, an estimated $10 billion foreign investment is expected to