CAclubindia Articles

Visit Days of NRIs to be Excluded For Finding Residential Status

Posted by CA. Anuj Gupta 16 August 2011 18419 Views

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

Posted by CA Sandeep Surana 16 August 2011 14108 Views

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

Posted by Aravind.. 16 August 2011 7890 Views

-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

Target- November 11

Posted by CS LLB Pulkit Gupta 12 August 2011 39369 Views

Target- Nov.11 Aug 11, 2.53 pm Only you can help youself SO finally I am back to my hometown after getting myself registered for finals. Wow what a week it has been. Consecutive days of happiness first my bday followed by a +ve

Filing of Balance Sheet in XBRL Format and practical aspects

Posted by CS Ankur Srivastava 12 August 2011 57930 Views

FILING IN XBRL FORMAT AND ITS PRACTICAL ASPECTS As such, following class of companies are required to file their Balance Sheet and Profit and Loss Account in XBRL Format:-

Taxpayer's Call for Freedom.... Are they Hearing?

Posted by Preety Parik 12 August 2011 10301 Views

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

Few points to prepare for CA in Less time

Posted by RG - A Helping Hand 11 August 2011 39772 Views

Hi, I have decided to share my reply to expert section regarding how to prepare for CA Final in 2 months: As per my suggestion Preparation for CA Final

Petrolium Income-tax

Posted by Selvakumar Selvaraj 11 August 2011 11183 Views

Why dont we introduce Petroleum Income-tax In India? We all know that Petrol costs goes up day by day probably intra-day in future. Everybody is struggling to get p

Downgrade...A Deeper Dark Days for US Economy

Posted by Indraneel Sen Gupta 11 August 2011 8702 Views

US economic politicians have simply downgraded the economic strength of US through the on going tussle over the debt ceiling limit hike. Negative sentiments have become the smell over the US FED and on the government hold treasury cakes. The US go

Sale of SIM cards is within the ambit of service tax

Posted by RG - A Helping Hand 10 August 2011 23730 Views

Dear All, This is to inform you all that with reference to the decision passed by the Honble Supreme Court of India in the matter of Idea Mobile Communication Ltd. v. Commissioner