CAclubindia Articles

Master your time

Shivanand Pandit 05 December 2012 at 12:24

What is Time? Time has different meaning to different people. Time escapes definition. Time is a relative concept. As St.Augustine remarked long ago I know what time is unti

Applicability of Costing Accounting Rules to Construction Industry - An Overview

CMA Ramesh Krishnan 05 December 2012 at 12:23

Applicability of Costing Accounting Rules to Construction Industry- an overview Introduction: As per the Ministry of Corporate affairs notification G.S.R.429 (E) dated 3rd June 2011 as well as clarification issued on 25th May 2012, compani

Closure of Register of Members / Debentureholders/Book Closure/Record Date

Ajay Mishra 05 December 2012 at 12:22

Section 154 of the Companies Act, 1956 deals with the closure of register of members or debenture holders but the section does not elaborate the object and purpose of such closure.

The Era of Accounting Standards

CA Rashmi Ainapur 05 December 2012 at 12:22

Introduction: I am being pragmatic in citing that Accounting Standards are the pre requisite for carrying on the business efficiently in the globalized economy. Accounting Standards are defined as the principles

Combination of Costing Strategies and Methods

Indraneel Sen Gupta 05 December 2012 at 12:21

Costing methods used in combination can be used as a devastating weapon for creation of economically and social benefits. But its often misunderstood and miss- represented which leads to further poor understanding and implementation of the

Precise provision on tax collection at source (TCS)

Yogesh Agarwal 05 December 2012 at 12:05

Provisions related to Collection of Tax at Source under Income Tax Act 1961 This is my privileged that I received a good response to my previous article and with that over whelming response I courage to write another article. This time I did not g

Short Note on Concept of Advance Tax

CA Manish 03 December 2012 at 11:27

Short Note on Concept of Advance Tax Liability for payment of Advance Tax:-

2008 crisis, How it unfolded

Vikash Maheshwari 03 December 2012 at 11:27

Today I thought of writing about the global economic crisis of 2008.As a student of finance, we must know how it all started, what went wrong and where are we now. I have tried to explain the crisis in a very simple yet informative manner. So to

Reverse Charge Mechanism In Service Tax- An Overview

CA bhargava 03 December 2012 at 11:26

REVERSE CHARGE MECHANISM OF SERVICE TAX (RCM) With effect from 1-7-2012 , the central government has notified the new partial reverse charge mechanism for the payment of service tax in respect of certain taxable services.

Analysis of Education Guide 2012- Part II - "Service"

Madhukar N Hiregange 03 December 2012 at 11:26

Understanding the Educational Guide-2012 Part -II Service We examine in this article, the guide in detail and have provided our comments in italics. At this stage they represent only thoughts or questions which r