CAclubindia Articles
How to tackle with income tax notices
Many of my family members & friends are receiving notices from Income tax department; usually any communication from the Income Tax department, especially receiving a notice from them, can send shivers down anyone's spine. A majority of the n
Understanding of various IT Assessments
What is meant by Assessment? Assessment defined as �Assessment Includes Re- Assessment and checking return of income for confirming its correctness�.
Life is short, do what you want
As I write this blog post, my father is admitted in the hospital diagnosed with �triple vessel disease�. The doctors say all the three arteries in his heart are blocked and because the heart is not functioning properly, they cannot do an
Cash discount under Excise valuation - SC Judgement and its analysis
Dear All,In this article, I have discussed a recent judgement of the Supreme court and also shared my views / confusion in regards to the same. Request the readers to express their valuable views in this regard. Introduction:It is a common industry p
There is rate change 'Return Utility' - No more utility
Introduction:-“Online” - the most used word in modern world; whether it is a “person” or a “procedure”, everyone and everything is online now. Compliance procedures of most of the legal provisions have become onlin
Dreams turning to reality
Phase-1(CPT)1.Preparation daysI had earlier mentioned in my previous post that I had joined CA amidst so much difficulties and confusion about what to do next in life.It w
One life changing decision
CA!!! ARE YOU REALLY SERIOUS??? Yes..it was exactly what I heard when I asked about CA.It was an extremely tough period for me to decide which path to choose given the circumstances.I had been a decent student all throughout
Can we visualise an Indian Multinational Firm of Chartered Accountants?
Whether needed ?It is need of the society to have �ONE STOP SOLUTIONS� with expert level, quality services equipped with international exposure and technology to help businesses, add to ease of doing business, provide inputs to the Busine
How to stay motivated during study leave
Aaah the most dreaded part of life! S-T-U-D-Y L-E-A-V-E! Which translates into neither study, nor leave. But looking back, that was one of the best parts of life. You learn a lot more in a day than you can, at times, learn over several weeks at your
Unconventional internal audits - Admin processes
Internal Audit has been gaining importance over the years. This has been due to:a. Statutory requirements including recent ones through the Companies Act 2013, like mandatory appointment of an Internal Auditor in certain cases, importance for Interna
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