CAclubindia Articles

How to tackle with income tax notices

Posted by naveen 10 September 2015 34167 Views

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

Posted by CA Chinmay Gangwal 10 September 2015 22742 Views

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

Posted by Nimish Goel 10 September 2015 21181 Views

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

Posted by Yash Goyal 08 September 2015 28993 Views

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

Posted by Pradeep Jain 08 September 2015 10222 Views

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

Posted by Sanat Biswal 08 September 2015 16341 Views

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

Posted by Sanat Biswal 08 September 2015 21238 Views

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?

Posted by Mahavir Kapshe 07 September 2015 12752 Views

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

Posted by Karishma 07 September 2015 35257 Views

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

Posted by Tulasi S Sastri 07 September 2015 10737 Views

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