CAclubindia Articles

Highest Paying companies for young CAs

Neethi V. Kannanth 28 October 2021 at 09:49

As per ICAI, the average salary of a CA in the campus placement, held in Feb-March was Rs 8.40 lakhs p.a. The highest salary package offered was 22.30 lakhs p.a.

Self Assessment under Sec 140A of the Income Tax Act, 1961

Ritik Chopra 28 October 2021 at 09:49

Tax calculated under self assessment is required to be deposited by the assessee before submitting an ITR. The tax so paid shall be adjusted towards the tax liability as ascertained on regular assessment.

Benefits of Filing Income Tax Return on time

CA Tejinder Pal Singh 28 October 2021 at 09:48

Filing of tax return within the due date is mandatory to claim specified losses for an individual taxpayer, such as losses from capital gains, business, or profession, etc.

Lets talk about Addiction

Abhishek Panegal 28 October 2021 at 09:48

Excess of anything can be harmful to our body/mind/soul, you name it. Even if the item is proven to be having many benefits accruing as a result of the consumption.

Resume drafting

CMA Mrudula M 27 October 2021 at 14:59

In the case of freshers and for a person who is yet to have a firm footing in the profession, one has to articulate about their academics and skill sets in a document which is called Resume or CV.

Which is better? MBA Finance or CA?

Muskan Mudgil 27 October 2021 at 10:04

In order to decide which is a better option for CA or MBA, it is important to understand that both of these are professional courses and can lead to a successful career in their own unique ways.

How important is it for young CAs to have job experience before starting their practice?

Neethi V. Kannanth 27 October 2021 at 09:43

A hands on experience will play a crucial role in developing an understanding of how the organizations work and applying the knowledge or skills gained in their practice.

Cleaning of Books of Accounts and their Worship on the occasion of Diwali

CA Umesh Sharma 27 October 2021 at 09:42

In business, many tax laws are applicable. Every law prescribes provisions for maintaining books of accounts and relevant records. So, one should discard old books as per provisions of law.

What is income and what are the different sources of income

Taxblock 27 October 2021 at 09:42

Income is the money received by a person periodically on a daily, weekly, monthly, or yearly basis. Income includes monetary as well as non-monetary values of allowances and perquisites.

Loan To Directors - Section 185 Of The Companies Act, 2013

Neha Rajan Redekar 26 October 2021 at 16:30

Pursuant to the provisions of section 185(1) of the Companies Act, 2013 no company shall, directly or indirectly, advance any loan to any director of the company.