CAclubindia Articles
How does the value of rupee changes against the dollar ?
How does the value of rupee changes against the dollar or other currency? This is based on the economies of each country and relative demand for either of the two currencies. The change is the exchange rate has got to do with the demand&rdq
Revise your exam strategy
REVISE YOUR EXAM STRATEGY! If your exam is over, read this! You may have a sigh of relief after your May 2011 exam. Congratulations to all my friends who have put your maximum in the most respected professional examination of this country. Before y
Variation in Terms of Appointment of MD/WTD/NRD
According to sec 268 of the Companies Act 1956 in the case of a Public Company or a Company subsidiary of Public Company the terms of appointment of MD/WTD/NRD can be revised,whether the condition is given in the Companies MOA or AOA or in the agr
Principle of Drafting
DRAFTING MEANS: THE combination of Law and Fact in a language form. The process of Drafting operating in two planes-Conceptual and Verbal. Besides choosing the right word the right concept is also required to choose. In legal sense drafting
An Brief Overview of Section 80P
An overview of Section 80P:- Following income are available for deduction to Co-operative societies A. Income from Banking Business:- In Case of a cooperative society providing credit facilities to its members, the whole of the amount of profit
New Section 44AD - Text and Discussion
An overview of New Section 44AD of the Income Tax Act, 1961 that comes into effect from A.Y. 2011-2012 Section: 44AD Special provision for computing profits and gains of business on presumptive basis. (1) Notwithstanding anything
Draft your CV with care
Draft your CV with care "Send us your updated CV." This is the beginning of every hiring process. At the outset you are going to be evaluated based on your CV. The prospective employer has only minutes to spare for a primary evaluati
FAQ's on Appointment of Cost Auditor by Companies
Frequently Asked Questions on Appointment of Cost Auditor by Companies Q.1 Has the Government prescribed a new procedure for appointment of cost auditor by the companies? Ans. Yes. The procedure has been modified by the Cost Audit Branch
Examination Exhibit professionalism by complaining responsibly
Examination Exhibit professionalism by complaining responsibly Madhukar N Hiregange FCA Year after year the professional examination are held and many students are unable to get through. The reasons could be many: 1. the high level of
Loss arising in case of Bonus Stripping
According to Section 97(8) if all the following conditions are satisfied then loss arising on account of purchase and sale of units(hereinafter referred to as original units) shall be ignored for computing income chargable to tax 1) Any person buys
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