CAclubindia Articles

Taxation of Food Allowance in the hands of Employer/ee

arun 18 June 2012 at 12:15

Taxability in the hand of company and employee of free food In todays competitive environment the employers are constantly working hard with their Human resource department to lure their talented employees to retain them for future. For thi

How to determine value of service portion in works contract

Rabish Chandra 18 June 2012 at 12:15

How to determine value of service portion in the execution of a works contract. *Rabish Chandra (contact @rabishchandra on twitter) *The information is for general awareness and may not be relied upon for any legal purpose. Views

Cost Auditor's Appointment: Penalties for Non Compliance

CMA Navneet Kr Jain 18 June 2012 at 12:15

Cost Auditors Appointment: Penalties for Non Compliance of provisions with respect to appointment of Cost Auditor: 29th June, 2012 is the Last date of filing Form 23C relating to appointment of Cost Auditor (for the financial year 2012-13)

Water spilled on happiness of Assessee

CA Akshay Yetiwar 18 June 2012 at 12:14

Yesterday a wave of happiness flowed in the minds of all the service tax assesse , as some learned person from the our professional community pointed out a defect in the new amendments made in the Service Tax Law viz. section 68 of the Finance A

Investing Made Easy!

Manish Parekh 15 June 2012 at 12:51

When we are working in the field of equity markets common set of questions that we tends to face on regular basis are.. Where do you think markets are headed? Which stock is the Best buy from one year perspective?

Issues relating to TDS on Hotel Accommodation Expenditure

Sagar Tilak 15 June 2012 at 11:42

The Tax Deduction at Source (TDS) on payment for hotel accommodation has always been a controversial issue. The assessee comes across a situation where he pays for the hotel accommodation taken for the guests of the entity in usual course of busines

Filing Return of Income for Individuals

RAHUL GANDHI 14 June 2012 at 13:05

FILING RETURN OF INCOME FOR INDIVIDUALS FOR F.Y ENDING 31-03-2012 (A.Y. 2012-2013) A. OBLIGATION TO FILE THE ROI: Any Individual who has earned income during the previous year & his income is more than threshold limit is required to file Ret

All about Mutual Fund Investing

CA Siddhartha Bhardwaj 14 June 2012 at 11:39

Here are some basic facts that you need to know before you invest in a mutual fund. Mutual Funds are increasingly being touted as the retail investors' investment vehicle. But the key challenge is to choose the right fund. But it's simple. I

Critical study of Disclosure of Interest by a Director u/s 299 of Companies Act

G S Rao 14 June 2012 at 11:39

Introduction: Directors are appointed by the shareholders of the company and they are trustees of shareholders. As such they are in a fiduciary position and can not

Guidance note on accounting by real estate developers

CA Sachin D Jain 14 June 2012 at 11:38

GUIDANCE NOTE ON ACCOUNTING FOR REAL ESTATE TRANSACTIONS (REVISED 2012) SIMPLIFIED 1) Applicability i) To the enterprises dealing in land, building and / or rights related thereto as sellers or developers. ii)