CAclubindia Articles
Why documentation is Important for Auditors?
In the wake of recent bank scams questions have been raised on the professional standards, quality, and commitments of Chartered Accountants. These allegations...
Complete comparative analysis of Companies Amendment Act 2017 & CA 2013
The Companies (Amendment) Bill, 2017, introduced in Lok Sabha on 16 March, 2016 as The Companies (Amendment) Bill, 2016 was referred to the Standing Committee o...
National Financial Reporting Authority
The Companies Act, 2013, Section 132, empower central government to establish an authority named 'National Financial Reporting Authority'(NFRA).
Cibil Score & its importance
CIBIL SCORE What is a CIBIL Score ? CIBIL Score is a three-digit numeric summary of your credit history. The score is derived using the credit history found in...
Anti-profiteering measure for GST section
'Profit is fine, profiteering is not. Don't let someone profiteer at your expense.'
How to save more tax by Creating a HUF?
Once, our venerable Finance Minister, Mr. M Chidambaram, has said, 'Left to God, even he will not like to pay Income Tax'. Though as a responsible c
Colourable device has a different meaning in Income Tax than Holi!
The Festival of Holi is unthinkable without colours. The use of colours by way of different devices like pichkaris, balloons, pumps, and even buckets, constitut...
Revision Strategies for CA Exams : 2 months to go
The time for the Chartered Accountancy examinations is approaching. You are left with around TWO MONTHS to fight the biggest battle of your life. It is a very w...
Cost price value estimate & the part played by Fixed Cost in the fixation of price
Cost is a fact incurred in producing and maintaining; and determined from the producer's perspective to find out the cost of production in monetary terms so
Ways of collection of financial data by IT dept
To curb tax evasion/ suppression of income, the CBDT has taken steps to collect data about taxpayer�s
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