CAclubindia Articles

Procedure of passing resolution through Postal Ballot

Posted by Deepak Maharishi 03 July 2010 18462 Views

Procedure for passing of a resolution by Postal Ballot pursuant to Section 192A and Companies (Passing of Resolutions by Postal Ballot) Rules, 2001.

Govt exempts certain services from purview of Service Tax

Posted by MONISH BHALLA 03 July 2010 9143 Views

The Service Tax department has come out with an exemption bonanza for various sectors ranging from air travel to construction industry. These exemptions will come in effect from July 1, 2010. The services related to air transport of passe

The role of Books of Accounts - section 397 - Companies Act

Posted by Durga Rao 03 July 2010 9958 Views

The provisions of Companies Act, 1956 makes it very clear that every company should maintain proper books of accounts and should record all the transactions of the Company pertaining to sales

4 IDIOTS !...OUR BEGINNING ! "PART I"

Posted by Lone warrior..!! 03 July 2010 14574 Views

Initial Kick-off !... Before i actually commence this post ,let me first brief you on what this post is all about !?..This is probably an example of how screwed up your life can get initially , if you are clueless about your Alma-Mater !..Sounds

Opinion on Section 195

Posted by CA kanica gupta 03 July 2010 34495 Views

TDS PAYMENT TO FOREIGN CONSULTANTIs TDS applicable to foreign consultant who renders service outside India (namely in USA). Foreign consultant is US based and does not have PE in India. · First point before us for consideration is to decide

CONVERSION FROM PE2 TO IPCC

Posted by Rahul Bansal 03 July 2010 26989 Views

INFORMATION FOR THE BENEFIT OF PE-2 STUDENTS Kindly go through the below mentioned procedure for conversion to IPCC Conversion from PE2 to IPCC In order to convert from PE2 to IPCC (Integrated Professional Competence Course) you are requi

BLACK GOLD 100$

Posted by Indraneel Sen Gupta 03 July 2010 6125 Views

BLACK GOLD 100$ I was planning to go for some shopping for some occasion at my home. The expense will be around 5000 bucks. I had made planning for the expenses from the past one month since as middle class family person one works o

Treatment of Spectrum Charges in Income tax act 1961.

Posted by CA kanica gupta 03 July 2010 17731 Views

OPINION IN THE MATTER OF Whether payment of Spectrum charges gets covered under section 35ABB or Section 37 of the Income Tax act 1961? FACTS The company is engaged in the business of providing telecommunication facilities (just like MTN

Central Excise -A guide to Assessees

Posted by Member (Account Deleted) 30 June 2010 29322 Views

Central Excise duty is an indirect tax which is levied and collected on the goods/commodities manufactured in India.

Can we claim HRA deduction u/s 10(13A) and Interest on housing loan u/s 24(b) simultaneously if both are in the same city?

Posted by Shudhanshu Agrawal 30 June 2010 65869 Views

I have seen that we are finding difficulties in application of Sections of Income Tax Act, 1961. The reason behind it is lack of conceptual knowledge. To solve this problem I have decided to write articles for you all on different to