Easy Office
LCI Learning

CAclubindia Articles


Exposure draft on AS 12

  CA. Rayan Sequeira    06 October 2007 at 16:15

The Institute of Chartered Accountants of India (ICAI) has come up with the exposure draft on AS 12(revised). AS 12 (exposure draft) deals with accounting for Government grants and disclosure of Government assistance. AS 12 deals with the accounting



Professional Ethics - An Introductory Course in Value Education

  CA. Rayan Sequeira    06 October 2007 at 16:15

Ethics generally means the science of conduct or morality. Ethics are a blend of customs and cultures followed by people and are important in all kind of work we do, be it business or profession.Equally it applies even to our profession and we cannot



SUPPORTIVE E- GOVERNANCE

  CA. Rayan Sequeira    06 October 2007 at 16:15

No one can deny that the prosperity of a country largely depends on prosperity of its corporate world and the prosperity of its corporate world is facilitated through a simple and hassle free Company Law and its Practices. Unless comprehensive e-gove



You can have the cake n eat it too..

  CA. Rayan Sequeira    06 October 2007 at 16:15

How about getting bonus without having to pay up any tax on it? Sounds interesting. Wondering whether it can be possible? Perhaps, you have not heard of Bonus Stripping. What might sound, as Bonus extravaganza in layman's term is "Bonus Stripping" un



Service Tax on Works Contract and Renting of Immoveable property - An Analysis

  CA. Rayan Sequeira    06 October 2007 at 16:15

1. Works Contract Service The insertion of the new category 'Works contract Service' has brought in the service component involved in the execution of works contract liable to service tax where the transfer of property in goods is liable to sale



Nitty-gritty of Service Tax

  CA. Rayan Sequeira    06 October 2007 at 16:15

Service Tax is an indirect levy of tax. Chapter V of the Finance Act, 1994 was inserted in order to tax Services in India. Today nearly 107 services are taxable out of which 7 are the additions in the recent budget. Another 44 services are in the str



Accounting for Employee Stock Option Plan [ESOP]

  CA. Rayan Sequeira    06 October 2007 at 16:15

Securities and Exchange Board of India issued ESOP guidelines in 1999. The idea behind this was to reward and motivate employees for their commitment and hard work. SEBI defines employee stock options as ¡§option given to the whole-time directors, of



AUDITORs AUDIT - A PEER REVIEW

  CA. Rayan Sequeira    06 October 2007 at 16:15

In the Parliament there is an opposition party to ensure that the government carries out its functions in concurrence with the guidelines of the constitution. The opposition examines the endeavors of the government to make certain that they are desig



The FDI Buzz..

  CA. Rayan Sequeira    06 October 2007 at 16:15

Law has pervaded into almost every aspect of human life and the implications are increasing day by day. "Ignorance Of Law being no excuse", it is necessary that there should be a general knowledge of law. The need of our article is to spread knowledg



The Information Hotpan

  CA. Rayan Sequeira    06 October 2007 at 16:15

Business:Thomson agrees to buy Reuters for $ 17.2 billion Thomson Corp. has agreed to buy Reuters for about 8.7 billion pounds ($17.2 billion) to create the world's biggest financial news and data group. The combination of these two great businesses