CAclubindia Articles

Encyclopedia on Gratuity

Chintan Shah 13 March 2010 at 16:30

Encyclopedia on Gratuity Gratuity – Meaning of – Gratuity refers to the gracious payments made to the employee in appreciation of the prolonged services rendered by the employee to the employer and is normally payable at the

TONNAGE TAX SCHEME (Sec 115-V to Sec 115-VZC)

CA. Rishabh Mittal 13 March 2010 at 16:13

TONNAGE TAX SCHEME (Sec 115-V to Sec 115-VZC) 1. Bareboat charter cum demise (BBCD) – Ownership is to be transferred after a specified period of time. 2. Bareboat charter (BCC) – Hiring of ships for a stipulated period on ter

Commercial Coaching - Taxability and Exemptions from Service

CA RAMESH KUMAR AHUJA 13 March 2010 at 16:08

Commercial Coaching – Taxability and Exemptions from Service Tax ‘Commercial Training or Coaching’ services were brought into the Service Tax net w.e.f. 1st July 2003. Notification No. 9/2003-ST effective from 01/1/2003 exempted th

Deflation

Subash Srinivasan 13 March 2010 at 16:07

DeflationCA. Subhash,MBA, Chartered Accountant,Kumbakonam, Tamil Nadu Deflation is just the opposite of inflation. It is essentially a matter of falling prices. Deflation, according to Prof. Paul Einsig “is a state of disequilibrium in which a

Passing ICWA Examinations - Guidelines

S.Srikanth 12 March 2010 at 12:39

Preparation 1.1 Study from Study Notes of the Institute for all subjects supplemented by other books recommended by your faculty. Study Notes are must. 1.2 Make brief notes of the matter you feel relevant but you are likely to forget. You may als

Why do we fail? Sequel to How to Do Better in Exams

Vinod Kothari 12 March 2010 at 12:28

Why do we fail?Sequel to How to Do Better in Exams ByVinod Kothari My article titled How to Do Better in CA/CS Exams evoked what I regard as tremendous response. I am so happy that lots of students liked it, and in fact, many wrote mails packed with

The 2010-11 Budget and infrastructure

Guest 12 March 2010 at 12:03

Infrastructure deficiency is one issue that required urgent attention if India were to move on to the high economic growth trajectory of nine per cent or more. One would not be wrong in saying that the 2010-11

Determination of Share Exchange Ratio for Amalgamation

Rasesh 11 March 2010 at 16:58

The Provisions relating to Merger and Amalgamation are contained in sections 391 to 396A (Chapter V of Part VI of the Companies Act, 1956.) The Scheme of Amalgamation is the basic document which contains the terms and conditions under which the am

Govt bulldozes its way to tax port services

MONISH BHALLA 11 March 2010 at 16:58

We have come a long way from the ancient days of Lothal cargo ports. But be it Kandla or Mundra, Pipavav or Dahej, Porbandar, Sikka or upcoming Dholera, ports have always played a major role in the glory and success story of Gujarat. In the next dec

Requirement for maintaining books of account

CA Anshu Agarwal 11 March 2010 at 16:58

Maintenance of accounts: [section 44AA and rule 6F] In case of specified professions [Gross receipts exceeds Rs.150000…] : the followings books of accounts shall be maintained by a person carrying on the specified profession:-