CAclubindia Articles

Peer Review documentation-Auditees prespective

Posted by CA Umesh Sharma 04 June 2010 42497 Views

Documentation by PU for peer review process The Peer Review Statement does not lay down any requirement for maintaining documents by the practicing unit. However, Standard on Auditing (SA) -230 “Documentation” which is mandatory from 1s

Drafting an Effective Opinion

Posted by Madhukar N Hiregange 04 June 2010 35686 Views

DRAFTING AN EFFECTIVE OPINION By Madhukar N Hiregange

A trillion dollar smile

Posted by Indraneel Sen Gupta 04 June 2010 12324 Views

Can any economist or any financial guru from the world forum can explain that how many times the trillion and billion dollars will be used to buy the defaults.We spent trillion dollars tax savers money to Buy Smile on the face of world financial ma

COST MANAGEMENT at R&D

Posted by Indraneel Sen Gupta 04 June 2010 10363 Views

Research and development is one of the key to future of any field. Discovery of the fire was also a part of research and development which started from the ancient times. When we raise the word R&D, we often think and get the meaning that it re

TDS Rule Amendments

Posted by Kapil Nayyar 04 June 2010 24955 Views

By Kapil Nayyar and Neha Srivastava Nayyar Maniar & Associates AMENDMENT IN TDS RULES A. INTRODUCTION The Central Board of Direct Taxes (CBDT) has amended the rules relating to Tax Deducted At Source (TDS) vide Notification No. 4

Systems of Taxing income - An Overview

Posted by taxindiaconnect 03 June 2010 11231 Views

The Hon’ble Mumbai Branch of ITAT ( The ITAT Mumbai) in the case of Ashapura Minichem Limited VS Assistant Director of Income Tax Mumbai has analyzed the various concepts / principle of determining the taxation of income prevailing worldwide.

Conversion of a Public Company into a Private Company

Posted by Ankur Garg 03 June 2010 113536 Views

Section 31 plays an important role during conversion of a public company into a private company.

Valuation of Campus Placements

Posted by Indraneel Sen Gupta 03 June 2010 14632 Views

The final bell rang for the campus placements in all the top MBA institutes of India. Companies across the globe jumped off with their leather bags filled with lucrative offers. I remember in 2006 and 2007 (I read this in a newspaper) that many stud

What is Arbitrage ?

Posted by CA Ayush Agarwal 02 June 2010 24751 Views

Many From Us are Unaware About The Actual Concept of Arbitrage. Teacher Teaches The Arbitrage in One Words Only That " Risk-Less Profit" But Arbitrage Also Carry Risk. I Asked Many Student if IPCC/PCC That What You Know About Arbitrage.

Permanent Establishment An Introduction

Posted by Kapil Nayyar 02 June 2010 128717 Views

With the globalization of world economies, the concept of Permanent Establishment (PE) has gained significant magnitude both in India and worldwide due to its direct impact on the tax revenue generated by a Country.The PE concept is a measuring tool