CAclubindia Articles

Revise your exam strategy

Posted by BAIJU MASOODU 13 May 2011 18900 Views

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

Posted by CS Bijoy 12 May 2011 20619 Views

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

An Brief Overview of Section 80P

Posted by CA J KUMAR 12 May 2011 78567 Views

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

Principle of Drafting

Posted by CS Bijoy 12 May 2011 93223 Views

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

Examination Exhibit professionalism by complaining responsibly

Posted by Madhukar N Hiregange 11 May 2011 10859 Views

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

FAQ's on Appointment of Cost Auditor by Companies

Posted by sunil 11 May 2011 19354 Views

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

New Section 44AD - Text and Discussion

Posted by Amol Gopal Kabra (CA,CS,DISA) 11 May 2011 239748 Views

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

Posted by BAIJU MASOODU 11 May 2011 17008 Views

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 on refund process

Posted by CA Sanat Pyne 10 May 2011 11367 Views

1. What is refund process? The user is required to make various payments to avail MCA21 services. A number of instances have been observed where the users make multiple payments or incorrect payment or excess payment while using these services. I

Loss arising in case of Bonus Stripping

Posted by Alok Siddapur 10 May 2011 12785 Views

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