Mr. Rajeev Kumar, a Chartered Accountant, working with a leading Automobile company was worried about his insurance policy. He had bought an insurance-cum-investment plan from a company (say K) 3 years back with an annual premium of Rs
Controversy on taxability of Engineering Procurement & Construction (EPC) company EPC companies are those which design the installation, procure the necessary materials and build the project, either directly or by subcontracting par
CAclubindia welcomes you all. We are here with our New ICAI President CA. K. Raghu. A worthy combination of youth, dynamism, experience and excellence, CA. K Raghu has taken over as the supreme torch-bearer of Indian accountancy profession as the Pre
Income Tax law must have suffered the most volatility and changes since enactment in 1961. Government has been twisting it at will in order to extract more and more revenue. This must have the dubious distinction of being subject matter of highest li
Every 6th person in the world is an Indian. We are blessed with ancient civilization. History tells us that we have never been expansionists and have never attacked other countries. We have been happy to live within our borders and yet, we are afflic
Hello everyone thanks for the appreciation for my last article why AS 22 is applied, coming with another article application of AS-22 in AS -19 leases. I am writing this article to discuss with
In my continuous efforts to address many issues faced by students appearing for professional exams, I found that majority of students doesnt read and understand the questions properly before t
Taxation -No changes proposed in the tax laws-Excise duty on consumer durables and capital goods cut from 12% to 10%-Rice transport and process exempted from service tax-Reduction in excise duty for auto sector-Excise duty reduced for small cars from
Dear CS Aspirants, As we all are aware that a CS student is required to complete 15 months/03 Months training with Companies, Law Firms, Consultancy firm and other organizations to get the membership of ICSI. Needless to say that good training is the
Dear Professional Colleague, The Honble Finance Minister P. Chidambaram presented the Interim Budget for the fiscal year 2014-15 on Monday, February 17, 2014 to cover expenditure until the Government's term ends in May, 2014. While presenting