CAclubindia Articles

Foreign exchange fluctuation treatment in income tax

Posted by Gagan Deep Singh 02 December 2014 99407 Views

As we know todays world is dominated by globalization in which geographical boundaries of business houses has spread beyond its countries also. As a consequence of which, exchange fluctuation

Update on Indirect Tax - Service Tax and Excise for the month of Dec 2014

Posted by TARUN KUMAR GUPTA 02 December 2014 17820 Views

A. Service Tax 1. Service Tax payment for the month of November, 2014 is due for payment on 6th December, 2014 for assesses excluding Individual, Proprietary Firm, Partnership Firm or LLP. It is now mandatory for all assesses w.e.f. October 1, 2014,

Whether security provided by government to Tea Plantation owners in Assam in order to protect from terrorists liable to ST?

Posted by CA Nischal Agarwal 02 December 2014 6644 Views

McleodRussel (India) Limited having its registered office at 4, Mangoe Lane, Kolkata has tea plantations in the state of assam and the area is highly volatile and acts of vandalism being carried out by terrorists. The consortium of tea plantation own

Profit on sale of carbon credit is not taxable receipt

Posted by Deepak Bansal 02 December 2014 8575 Views

Reliance in this regard can be placed on the decision of Hon’ble ITAT Bangalore in case of M/s SubhashKabini Power Corporation Limited vs. CIT (ITA No 258/Bang/2014) pronounced on 28th November 2014 wherein the Commissioner taking cognizance of

How do we help managers develop decisional thinking?

Posted by Tulasi S Sastri 02 December 2014 6924 Views

We recognize that decision making is an important requirement for a Manager. A document on Delegation of Authority developed by me in an organization I worked for as the head of Finance function, can give some ideas, on how we could help in promoting

Cracking CA Final not difficult Part-2

Posted by Ashwini Nirgude 02 December 2014 14456 Views

Hello Friends,Continuing with my previous article, lets discuss something further.Planning for Financial Reporting:- Friends practice is the most important thing for this paper. Do accounting standards well. Friends if you do AS

Pre Qualification Exp v Degree: Which is important for good salary

Posted by Nimish Goel 02 December 2014 14536 Views

I know for sure this question crosses the minds for a lot of students for which perhaps you would have never got any conclusive answer. So, I am not saying that now after reading this article you would get a sure shot answer, but yes you might be in

A Journey Into stock Market - Part 4

Posted by SANYAM ARORA 02 December 2014 14991 Views

Greetings of the day to all the members of CCI Family. Thanks for appreciating my previous 3 parts. I hope that I am able to satisfy the expectations of CCI members. The link to the previous 3 parts are given as under - Journey into

Hussh..Finally Income Tax Return e-filed Now Face Revamped Income Tax Department

Posted by CA Umesh Sharma 02 December 2014 27814 Views

Karniti Part 65Hussh....Finally Income Tax Return e-filed Now Face Revamped Income Tax Department Arjuna (Fictional Character): Krishna, Income Tax Payer to whom Tax Audit is applicable has become relaxed after e-filing Income tax return on 30th Novembe

Study - the Dance way

Posted by RASHMI VADAVI 02 December 2014 18645 Views

With exams right here at the corner, I thought of helping students reducesome of their stress in whatever way I can. Having gone through the entire process,every C.A understands and empathises with the mental condition of t