CAclubindia Articles

Dont Stop - Keep Moving

Amrit Dalmia 17 January 2014 at 13:49

Let me congratulate each one of 7,971 CA Final students who nailed it down this termamidst the all-time toughest result in last 23 attempts. I wish these elite ICAI members a great professional journey ahead. May you all scale great heights! Out of t

Deduction for Interest on Education Loan

Rohit 17 January 2014 at 13:49

Q.1 Who can claim deduction?Only Individual can claim deduction under section 80E.Q.2 What is Expenditure Qualified for deduction under section 80E?Interest paid on Loan.Loan should be taken:1. for Study after Senior Secondary or its equivalent2. fro

Congrats to successful candidates

P V Ram 17 January 2014 at 13:48

Congratulations to all the successful candidates who have become CHARTERED ACCOUNTANTS and will be called so during the rest of their life. This takes you to the task of redefining your new objectives prioritising them and striving to achieve them.

Analysis of TDS withholding tax & TDS provisions

S.ASWATH 17 January 2014 at 13:48

Whether assessee can appeal for Intimation received under section 200A for TDS provision violation? Whether is it mandatory to apply U/s. 195(2) or U/s.197 for no deduction certificate to pay without deduction? Analysis provision & case laws of I

Black Money Minus Corruption is Benign: Counter Point

CA Anil Garg 17 January 2014 at 13:48

Suddenly, it has become fashionable in India to talk about black money and behave as if it is the root cause of all problems and we all will become prosperous no sooner black money is put to tax net within the control of our dear government which has

Understanding Deficit Financing

CA Surbhi Singhal 16 January 2014 at 13:07

Deficit financing is that, which, if used responsibly, can lead an economy to prosperity; however, if used thoughtlessly, can do the opposite. It is the tool suggested years ago by known economist John Keynes, and used today throughou

A Radical Change Proposed through: Arthkranti Pratishthans Transaction Tax

Sagar Gupta 16 January 2014 at 13:07

Greetings of the day. A new system of taxation is proposed by a Pune based research group Arthkranti Pratishthan where it has 5 components in its proposal: 1. Withdrawal of existing Taxation system completely (except Customs i.e. Import Duty)2. Every

CA Studies are always interesting

CA SURENDRA KUMAR RAKHECHA 16 January 2014 at 13:07

CA STUDIES ARE ALWAYS INTERESTING .Studies. and of CA.. Interesting..? Man, what are you talking about!.Yes, it is true indeed.. Those who wish to make simple things typical..can choose CA as their Career..and those

Service tax on services provided by RWA to its own members

Bimal Jain 16 January 2014 at 13:06

Dear Professional Colleague,Clarifications with regard to levy of service tax on services provided by RWA to its own members Background:Service tax on 'club or association service' which covers RWA, was introduced with effect from June 16, 20

Deemed Sales

Rishi Kochar 16 January 2014 at 13:01

Before the discussion on deemed sales we must be well known of the general facts of sale.Meaning of Sale There are various definitions of the term Sale is generally specified in different laws and different State VAT acts. Hence we nee