CAclubindia Articles

Valuation of leave travel concession in India

Aashish Ramchand 04 October 2012 at 10:53

Valuation of leave travel concession in India [Sec. 10 (50)] - Leave travel assistance provided by an employer to an employee for going anywhere in India along with his family is exempt on the basis of provisions given in the table below. F

Selection Process in Current Scenario

Member (Account Deleted) 03 October 2012 at 12:44

Greetings of the Day to every member of CCI Family!! Hurray today I got my dream job or Yippee I got a job that I always dreamt of have we ever heard these type of expressions from

Direct Taxes Vs. Indirect Taxes

CA CMA CS Ram Pavan Kumar Melam 03 October 2012 at 12:43

Introduction The objective of imposing taxes for any State is to raise revenue and to pay the necessary expenses of the Government such as promotion of the public welfare, protection of its citizens, and to finance it

Time Management for Final Exam Preparations

CA Dhiraj Ramchandani 03 October 2012 at 12:43

Introduction As I already mentioned in my earlier article, that I am receiving such requests of providing time schedules for preparation of different subjects for exams. In that

Internal Audit- 'A Shift'

Jitendra Jain 03 October 2012 at 12:43

A shift from Conventional Internal Audit to Risk Based Internal Audit The present Internal Audit across small and mid-sized organisation involves a dry review of Purchase, Sales, Operations, Finance and Payroll fun

Exam time strategy

Deepak kumar sharma 03 October 2012 at 12:43

Exams are approaching in few weeks. In exams, what matter most are proper revision and what we do in final 3 hours. Time is neither more nor less but it depends on our planning, mindset and efforts. So we will here briefly discussing proper revision

Choosing a Good Coaching Class

Madhukar N Hiregange 03 October 2012 at 12:24

The objective of any profession of having quality students coming out of the system is one of the important ones. The profession expects that

Venture World: An Introduction to Venture Capital

CA.Mathew Jacob 03 October 2012 at 10:50

As we know Venture Capital is a financial capital provided to early-stage, high-potential and risk companies. In other words, its the capital that is invested in a

Gratuity and its allowable exemption limit

Aashish Ramchand 02 October 2012 at 14:00

In this article I have discussed the various provisions regarding gratuity and its taxation - Gratuity is a retirement benefit. It is generally payable at the time of cessation of employment and on the basis of duration of service. To discuss th

Audit of fixed assets

*RENU SINGH * 02 October 2012 at 13:06

Objectives:- Ensure that All Expenses which need to be capitalized are capitalized; Company is maintaining proper Records of Fixed Assets; Deprecation , Profit/Loss on Fixed Assets Correctly Calculated; Compliance of Ac