CAclubindia Articles

The Easiest Way to stop litigation in India

CA SURENDRA KUMAR RAKHECHA 21 June 2013 at 10:58

There are lakhs of LAW GRADUATES in India. Many of them are not engaged in the Law Profession which they chose as a Career (This situation is only in India; nowhere else) If they can utilize their professional skills to EDUCATE t

Cost of Acquisition of a Capital Asset acquired u/s 49(1)(ii)/(iii)(a) of the Income Tax Act, 1961

Bhaskaran Chackrapani Warrier 21 June 2013 at 10:58

COST OF ACQUISITION OF A CAPITAL ASSET ACQUIRED U/S 49(1)(ii) / (iii)(a) OF THE INCOME TAX ACT,1961. The income of a person has to be computed under any or all five heads of income for the purpose of levying income tax. Section 14

A new way to do tax planning and why hardly anyone "gets it"

Ramalingam K 21 June 2013 at 10:57

It really hurts to see a large pie of the salary cut towards tax. So the obvious question in everyones mind is How do I reduce my tax?. Every year we are forced to invest in something which reduces our tax liability. It may be N

Affidavit of Director or Promoter as per MCA circular 11 of 2013

Bhaskaran Chackrapani Warrier 20 June 2013 at 13:37

AFFIDAVIT (Ref :- MCA Circular No. 11/2013 dated May 29, 2013) I, Anonymous, aged about 60 years, son of (Late) Anonymous senior, residing at House no 10/2013, Author apartments, Club Road, Bangalore-560001 solemnly affirm and declare as follows:-

Analysis of Negative List

nitin 20 June 2013 at 13:11

1. INTRODUCTION In terms of Section 66B of the Act, service tax will be leviable on all services provided in the taxable territory by a person to another for a consideration other than the services specified in the negative list. Due to Section

10 Things you may not know about PPF

Ramalingam K 20 June 2013 at 12:58

One of the popular, preferred, and preeminent tax saving investments is PPF Public Provident Fund. We all know about PPF. Do we know all about PPF? Let us discuss in detail about PPF in this article and understand it comprehensively and comp

Finish Costing - FM Paper in 3hrs - IPCC

CA Hareesh 20 June 2013 at 11:46

May be when you travel alone, 3hours pass too long. But when you start writing a costing paper 3hrs always run so fast. Many of the students find it difficult with the Costing Paper even when they are able to crack the other papers quite easily. One

Sec 54 benefit: Exchange of Old Flat under redevelopment

CA Vinay parmar 20 June 2013 at 11:46

Hello Friends, there are many Redevelopment of Buildings cases are coming up and thus would like to write an Article on the above, wherein Old Flats are Exchange with New Flats along with cash or other consideration under the Redevelopment Agreement

Assessment & Refund under MVAT Act

Krunal.J.Davda 20 June 2013 at 11:45

Assessment & refund Under MVAT Act, 2002 Introduction: From the time MVAT Act has come in force hardly any Assessment Orders were passed, only Refund Orders were generally passed in case of Refund cases,