CAclubindia Articles

Forex loss in Tax Laws : Evil Lurks

Posted by CA S.SAIRAM 13 September 2010 18824 Views

Our Income Tax law leaves the method of accounting to be desired by the assessee. The insistence is only on the consistency of the method of accounting employed over substantial number of years. Any claim of deduction towards Business expenditure is

GST, SSIs, Exemptions

Posted by Omprakash Jain 13 September 2010 5659 Views

We should be aware that taxes are collected only to give services to the public and their life upliftment & overall development of the country. The taxes collected by govt is spent on welfare of the people. If by giving certain exemptions, this

Tips to study Costing subject

Posted by CMA Ramesh Krishnan 13 September 2010 35649 Views

Introduction: Costing subject is very important syllabus in professional courses and other commerce, management related courses, in all these courses having at least two stages of costing syllabus. It’s seems a difficult subject, if we study t

Respect Time and Time will respect you

Posted by CA Suraj Lakhotia 13 September 2010 33491 Views

Many of us enjoy postponing things for tomorrow and sometimes even I do. Sooner or later it becomes our habit and we tend to postpone things even when we really do not want to do so. Visit any Income Tax office on 31st July and you can see how many

Important for IPCC - Approach to Success

Posted by CA Sourabh Agarwal 11 September 2010 33228 Views

Accounts [80 marks] ----- Tulsian, if u have sufficient time or if u are weak on concepts. If u don't have time then make concepts clear from tulsian and go for scanner.

Taxability of fees from Offshore Services - post Finance Act

Posted by Rajvi 10 September 2010 16422 Views

Taxability of Fees from offshore services – post Finance Act, 2010 CA Ankit Virendra Sudha Shah General understanding on taxability of fees from offshore services under the provisions of the Income-tax Act, 1961 1. After the retrospectiv

Competence- Fundamental to Professional

Posted by Madhukar N Hiregange 10 September 2010 8197 Views

Competence – Fundamental to a Professional Madhukar N Hiregange FCA Many a times we are surprised that a client who was unwilling to pay a small fee for a service is willing to pay a large amount to another professional for a work which involv

For those who did not pass last CA Exam

Posted by Ankur Garg 10 September 2010 34191 Views

Hello Friends, Well through this simple post I would like to convey something to those students who did not clear their CA Exams in May 2010 for certain reasons. My message is quite clear. Have a look

Avoiding Repetitive Appeals - SEC.158A OF Income Tax Act 196

Posted by CA S.SAIRAM 10 September 2010 28457 Views

AVOIDING REPETITIVE APPEALS - SEC.158A OF INCOME TAX ACT 1961 It is a vox populi that the judiciary system in India consumes lot of time to come up with a judgement and cases are piling up day by day. A lot many instances have been noticed where the

Delegation - A Key to Success

Posted by Madhukar N Hiregange 10 September 2010 9027 Views

Delegation – A Key to Success Madhukar N Hiregange FCA Many of us practitioners are very busy and find it difficult to achieve a work and life balance. Those of us in employment similarly do the work ourselves for a variety of reasons. We hav