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CAclubindia Articles


Demystifying misconceptions about Mutual Fund SIPs

Posted by Ramalingam K 24 December 2015 7225 Views

Investment Truth Vs Investment illusion: In today's world surrounded with an abundance of information, it is common for every one of us to form their own set of perceptions and beliefs. This may be quite a times a good thing to do (i.e. follow your o



Concept of Business trust introduced by Finance act 2014-2015

Posted by Ankur Gupta 23 December 2015 25313 Views

IntroductionHon'ble Finance Minister introduced the concept of Business Trust. In India, Business Trust would operate as Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). Real Estate Investment Trusts (REITS) have b



Breaking down S&P BSE Dollex

Posted by Vishal malhotra 22 December 2015 16321 Views

A few days back while looking at the Index movements on BSE, I came across an index with the name �S&P BSE Dollex�, though many of you might be already aware of this index but it was new to me, the name seemed interesting and I was cu



SEBI (LODR) Regulations, 2015

Posted by Sumit Talreja 22 December 2015 19308 Views

SEBI vide its Notification No. SEBI/LAD-NRO/GN/2015-16/013 dated 2nd September, 2015 had notified SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING O



Taxes on Petroleum Products: A convenient cash cow

Posted by CA. Rajvir Bhatnagar 22 December 2015 15378 Views

Petroleum under GST regime:The Constitutional Amendment Bill on Goods & Services Tax (GST), recently cleared by the Cabinet provides that petroleum & petroleum products viz. petroleum crude, high speed diesel, motor spirit (petrol), natural g



Depreciation allowance under section 32 of the Income Tax Act, 1961

Posted by CA CMA CS Ram Pavan Kumar Melam 22 December 2015 521604 Views

Depreciation is an allowance on capital assets acquired and put to use and not an expenditure unlike repairs to machinery, plant or furniture. It need not be incurred by the assessee



GST Payment - Online or Manual?

Posted by CA Raman Singla 21 December 2015 22916 Views

One more Report of Joint Committee dated April 2015 was issued to give clarity on the issues relating Goods and Service Tax Payment.It is said that more the system and procedures are made electronic more is the efficiency of tax administration and gr



Do you actually need a Financial Planner or do you believe in "doing it yourself"?

Posted by Ramalingam K 21 December 2015 10474 Views

Understanding the �Do It Yourself� technique No matter whether you are working out, dieting, curing any of your simple health issues, constructing your house, or considering money management � all these have two approaches to get th



Changes introduced in procedures related to furnishing of Form 15CA and 15CB

Posted by CA Prateek Garg 21 December 2015 24202 Views

CBDT vide its notification no 93/2015 dated 16th December 2015 substituted the old rule 37BB with entirely new rule 37BB. The new rule 37BB incorporates the following procedures for furnishing of declarations on foreign payments. FURNISHING OF FORM 1



Chaos in appointment of auditors under CA,2013

Posted by ANMOL JHA 21 December 2015 16386 Views

Section 139(1) relating to appointment of auditor is widely misunderstood.After coming into force of the Companies Act,2013, many companies including big listed companies and many auditors and Company Secretaries have started to follow the provisions




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