CAclubindia Articles

A small mistake that could ruin your investments completely

Posted by Ramalingam K 25 June 2013 9667 Views

Do you remember what you did before buying your first bike? Made a research on various brands, looked at the trend of each brand & the product on how they worked and chose the best one you liked, right? Even though, your bike helps you to trav

S.10(23c)(iii)(ad) - Limit of 1 crore exemption available

Posted by Rupesh Srivastava 25 June 2013 64769 Views

Recently Hon`ble high court held that u/s 10(23c)(iii)(ad) - Limit of 1 crore exemption available to the assessee as annual receipts of each of the institutions. Assessee is running as many as 23 educational institutions upto assessment years 1

How to score well in CPT?

Posted by Guest 25 June 2013 104374 Views

Hey friends, Today I am going to tell you people how to pass or get a rank in CPT? The reason I am telling you people pass/get a rank is you have to pass in order to get a rank, and you have to follow my steps or take good things from my procedure

All about Renting of immovable property

Posted by nitin 24 June 2013 105853 Views

1. INTRODUCTION Renting of Immovable property has been taxed under the earlier tax regime vide Section 65 (105) (zzzz). Renting of immovable property has been brought into tax net vide Notification No. 23/2007-ST dated 01.06.2007.But After 1.7.20

Basic aspects for preparation of Projected Financials

Posted by CMA Ramesh Krishnan 24 June 2013 41261 Views

Basic aspects for preparation of Projected Financials Introduction: How to prepare the projected financials to submit for bank funding is the basic work should learn by the person handling finance. It is a basic step before approaching bank funding

Comparison Of Old Audit Report Format With SA 700(Revised)

Posted by CA Vinay parmar 22 June 2013 79268 Views

Hello, Everyone, as we all know Audit period has started and we all are busy in Auditing and Finalization work and this time we all have to prepare Audit Report in a Revised Format. While going through the Revised format and the Old Format, I have

Casual Director

Posted by CS Ankur Srivastava 22 June 2013 20480 Views

Brief write-up on Section 262 Appointment of DIRECTOR to fill the casual vacancy In case of Public Company or a Private Company which is a subsidiary of a Public Company, the Board of Directors are empowered by to fill the casual vacancy in the off

Why should we file Income Tax return on Time?

Posted by CA Kapil Verma 22 June 2013 26307 Views

As per income tax act 1956, if the income of any person exceed the basic exemption limited limit of income tax act. Then he or she is required to file his/her income tax return accourding to the time limit specified in the section 139(1). Last dates

ST-Reverse charge Mechanism. Lets crack it

Posted by Saurabh Maheshwari 22 June 2013 133507 Views

Reverse Charge Mechanism under Service Tax Introduction Generally, liability to pay service tax is of the person providing taxable services, so the service provider collects service tax from the service receiver and deposit the same with