CAclubindia Articles

TAX PAYMENT BY CHEQUE BEFORE DUE DATE CASHED AFTER DUE DATE

RAJAN GUPTA 18 June 2008 at 13:11

The question before us is"if tax is deposited on or before due date through cheque but en cashed after the due date ,whether it can/will be treated as "default in payment?" First of all I take clear provisions regarding the above quest

Minimum Alternate Tax ( MAT)

CA CS CIMA Prakash Somani 17 June 2008 at 17:16

The MAT credit is available in respect of MAT paid under Section 115JB of the Income-tax Act with effect from assessment year 2006-07.The amount of MAT credit would be equal to the excess of MAT over normal income-tax for the assessment year for whic

Long Form Audit Report (LFAR)

CA CS CIMA Prakash Somani 17 June 2008 at 17:16

Documents required to be kept in Audit file for Peer Review purpose1. Cash Retention Limit duly certified by the Branch Manager;2. A certificate from the Branch Manager stating that the excess cash holding is being reported to the controlling authori

Tips for Passing CA Examination

Priyanka Kala 13 June 2008 at 00:25

The path to becoming a Chartered Accountant is not easy. The road is very difficult and involves a lot of hard work. I remember the time when I was aspiring to be a Chartered Accountant. Looking at the volume of studies, I often wondered whether I wo

How To Pass CA In First Attempt

Priyanka Kala 13 June 2008 at 00:24

AN OLD joke on passing CA examinations goes like this: There was a writing in a church that read, "Jesus never fails". A CA student added below that, "Then let him try the CA examination"!Passing the CA exam is not as difficult as

PowerPoint tips - Very Useful

Priyanka Kala 12 June 2008 at 11:58

PowerPoint tipsIn today's challenging environment, the need for effective presentation skills need not be emphasised. Starting this month, in a series of articles, we present some tips and precautions on the use of the most popular presentation sof

10 Truly Inspirational Quotes

Shefali Bajpai 09 June 2008 at 12:03

10 truly inspirational quotes, that will motivate you during the tough times, when things aren't going your way.

Exam Time: Hints for Effective Studying

Shefali Bajpai 09 June 2008 at 12:03

The exam period is a time when stress levels are higher than usual. Stress can be positive, helping you to stay motivated and focused. However, too much stress can be unhelpful, it can make you feel overwhelmed, confused, exhausted and edgy. It's imp

Is US dollar era over ?

CA. Yayati Tyagi 06 June 2008 at 10:59

Is dollar era over ? 15 January, 2008, Yayati Tyagi Former Federal Reserve Chairman Alan Greenspan said in September 2007 "It is "absolutely conceivable" that the euro will replace the dollar as reserve currency, or will be traded as a

How well do you communicate

CA Suraj Lakhotia 05 June 2008 at 11:18

Communication means exchange of ideas, views, opinions, information and so on either by verbal means( Oral or written) or Non Verbal means. Communication has gained a status of an assest which is inevitable for personal as well as professional growth