CAclubindia Articles
The burning desire
When asked during an interview how he managed to reach the top as a professional bodybuilder and Hollywood actor, Arnold Schwarzenegger replied with a single word, "Drive!" He didn't achieve it in a day or two . He was not successful
Issues in MVAT Act on the eve of Independence Day
SOME ISSUES IN MVAT ACT, ON THE EVE OF INDEPENDENCE DAY TIME TO ACT TOGETHER BY ALL INDUSTRIES AND TRADE BODIES Wish you all a very Happy Independence Day, the mood in our country is set against the
Effective Communication - An experience
Recently I got a chance to attend a workshop on effective communication, really an important and helpful subject for all of us especially for those who want to live. Every creature on this earth communicates in his/her own way, own language, own
Social Audit - Concept discussion
SOCIAL AUDIT - Concept discussion For the people, of the people, by the people Our country being a democratic nation and a Welfare State revolves around people. Government takes any decision keeping the common people in mind. G
Powers of Inspection, Search & Seizure under Punjab VAT Act
Power of inspection, search, seizure can be easily found to be in every taxation law. The purpose of these powers is always to detect any tax evasion on the part of dealers but these powers are always ancilliary to the power of collection of tax of
Visit Days of NRIs to be Excluded For Finding Residential Status
The moment one become resident in India as per Income Tax Act, his global income becomes taxable. If one is Non Resident , his income earned outside India is not taxable . So, for a non resident , there is always danger of taxation of global income
Qualifying CA Degree
Hi Friends just writing my first & best article on this website. It took me about 5.5 years to get this degree and I was little over to average student but quite good in accounts only. It started like this. I did my graduation from Bikaner Unive
Understanding Foreign Exchange - Part 3
-series of articles on foreign exchange- When speaking about foreign currency market, we have come across two terms spot rate and forward rate. Normally forward rates are for fixed periods one month, three months and six months. U
Taxpayer's Call for Freedom.... Are they Hearing?
While addressing a large gathering at the concluding ceremony of 150 Years of Income Tax Department at Delhi, Hon President Mrs. Pratibha Patil made few important statements thats needs appreciation, these are:-1. An environment of
Deduction of Tax from Salary
SECTION 192 : DEDUCTION OF TAX FROM SALARY SECTION 192(1): Tax to be deducted at average of income-tax The total tax to be deducted, on the estimated income of the employee for the relevant financial year, is divided by the number o
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