CAclubindia Articles

Why Anticipatory Bail?

Kapil Chandna 09 April 2016 at 12:35

The necessity to grant anticipatory bail arises mainly because sometimes influential persons try to implicate their rivals in false case for the purpose of disgracing them or for other purpose by getting them detained in Jail for some days to get th

Full DT Revision Notes Applicable for May 2016 Exams

CA Arpita Tulsyan 08 April 2016 at 10:45

Income Tax Act, 1961 came into force on 1st April, 1962PERSON [Section 2(31)] Person includes:1. An individual;2. A Hindu Undivided Family (HUF);3. A Company;4. A Firm;5. An Association of Persons (AOP) or a Body of Individuals (BOI),6. A local autho

Trust Registration in India

Shubham Gupta 08 April 2016 at 10:45

A private trust, created under and governed by the Indian Trusts Act of 1882, aims at managing assigned trust property for private or religious purpose. The law relating to private trusts is governed by the Indian Trusts Ac

Future of Accountancy Report

Varun Nirmal 08 April 2016 at 10:44

What does the future look like? According to the Intuit� 2013 Future of Accountancy Report, the future of the accounting profession is undergoing a dramatic shift as current and potential clients expect real-time support; access to their financia

Changes in Service Tax by Finance Bill 2016

CA. K S Chauhan 08 April 2016 at 10:44

Prevailing Service Tax Rate: @14% Cenvat Available Swachchh Bharat Cess: @ 0.5% [w.e.f. 15/11/2015]Cenvat Not Available Krishi Kalyan Cess: @ 0.5% [w.e.f. 01/06/2016] New LevyCenvat Available1. CHANGES IN NEGATIVE LIST AS GIVEN U/S 66D OF CHAPTER-V O

Your career is your own choice

Satish Jalan 07 April 2016 at 10:48

Don't you think your career is your own choice? It is easy to blindly follow the mistakes of others. It is neither tough to take a call for yourself and act upon it. Sooner or later you are going to be responsible for your success or failure. Wh

Is CISA certification gaining more importance!

Hemang Doshi 07 April 2016 at 10:48

Many students who are concerned about their career generally have this question. If you have same question, I do have some questions for you too.Consider yourself as HR Manager looking to fill the vacancy of CFO position. You have two candidates , on

Simplification of taxation law vis-a-vis progressive tax legislation

CA CMA CS Ram Pavan Kumar Melam 07 April 2016 at 10:48

The development of a nation is measured by Gross National Product (GNP) or Per Capital Real Income (PCRI). The above two are the economic indicators used to measure the economic development of a nation. There are non-economic indicators which are of

Understanding of Compliance Query of Income Tax Department

Abhishek Ranjan Singh 06 April 2016 at 11:01

Income tax department has started sending notices (Compliance Query) to non-filers for the assessment year 2013-14 & onwards & are also using the said information to verify under-reporting of income. The income tax department has been capturing infor

Movies and Income Tax returns, what's the similarity?

CA Umesh Sharma 06 April 2016 at 11:01

Karneeti Part � 123 Movies and Income Tax returns, what�s the similarity?Arjun (Fictional character): Krishna, what are the changes made in the New Income Tax return forms (ITR forms) from 1st April 2016? Just like new sequels of films ha