CAclubindia Articles

Enabling Practice in Service Tax - Part - I

Posted by Madhukar N Hiregange 18 October 2010 19539 Views

Enabling Practice in Service Tax- Part -I Madhukar N Hiregange FCA The practice in service tax is one area which would offer immense opportunities for the starter as well as multi partner firms. One of the main reasons for this is service tax

Managing Your Studies with a Full Time Job

Posted by CMA. CS. Sanjay Gupta 18 October 2010 53124 Views

I have been asked many a time by many CCI members and students “How to Manage Your Studies with a Full Time Job?.” I am writing this article to try and remove some doubts associated with “Continuing your studies along with a job&rdq

Few Legal Decisions

Posted by Dr. Paras Jain 17 October 2010 14889 Views

Legal Decisions - Income Tax for detail refer to summary below.INDEX FOR REFERENCE Section Case Decision Rectification /Merger 154(7)

Index Futures: An Insight

Posted by CMA. CS. Sanjay Gupta 16 October 2010 9016 Views

Index Futures: An Insight Example: On 1st October 2009, Mr. X got a hot tip that the share market was going to go upwards. Based on this he decided to buy shares of ABC Ltd as it had the highest market capitalization then. Mr. X therefore bought 200

IFRS: Amoritsed cost and tax implications

Posted by CA S.SAIRAM 16 October 2010 10879 Views

Amortized cost basis valuation in IAS-39 with respect to specified financial instruments can be compared to a journey in a passenger train which is either behind or ahead of the schedule and makes lot of discretionary time adjustments (i.e. halts and

CHINA:True friend of US

Posted by Indraneel Sen Gupta 16 October 2010 5730 Views

Is yen the villain or the China .Don’t get surprised with the question. This question is now the most debatable topic on the roads of Wall Street as well as in the Café Coffee Day mid lunch session of brokers. World economist have raise

Supply of Tangible Goods

Posted by Madhukar N Hiregange 16 October 2010 57337 Views

By Madhukar N Hiregange (FCA, DISA) & Srikantha Rao T (B.Com. ACA)Finance Act 2008 had introduced among many, a new ca

Nothing special about Service Tax exemption in SEZ

Posted by MONISH BHALLA 13 October 2010 23737 Views

The term special economic zone (SEZ) sounds as music to the ears, as it appears that those running their units in the SEZ are at an advantage, compared to their counterparts in the domestic tariff area (DTA). Special Economic Zones h

Overview on LLP and its Taxation in India & US

Posted by CA. Chikkerur C R 13 October 2010 24937 Views

Globalization in India has made many revolutions in every field. We are seeing Indian companies working abroad as MNC, Few abroad acquisitions too. Thanks to Liberalization & globalization, it opens new doors to our industries, made compete enoug