CAclubindia Articles

Double Taxation avoidance Agreement

Posted by @*CS Siddharth Bumb. * 17 February 2014 42522 Views

Hello Friends,We will discuss on Double taxation avoidance agreement (DTAA). First we will understand the need of DTAA and its introduction.NEED AND IMPORTANCE OF DTAA : In modern world, no one stops doing business in his territory only, a businessm

Karniti P24: Income Tax Dept "Fielding" for Cricket Players

Posted by CA Umesh Sharma 17 February 2014 10219 Views

Arjuna (fictional character): Krishna, recently players were purchased in crores of rupees for IPL cricket matches. All are crazy about cricket. How income tax is levied on the money re

Forex - Hedging - Part 4

Posted by @*CS Siddharth Bumb. * 17 February 2014 28776 Views

Hello Friends,First of all thank you very much for your lovely response to my earlier forex parts.Click below for earlier parts of forex.Forex - Part 1 (Basic)Forex - Part 2 (Basic)Forex - Part 3 (Parity relationships)Today we will move to advance co

Outsourcing the Audit Function-Key Considerations

Posted by Anurag 14 February 2014 19962 Views

Introduction Offshoring of business processes has gained wide currency in recent times. From its simple beginning in the 1970’s with the movement of payroll and repetitive transaction processing, off-shoring has grown to a $65 billion market. A

Credit Linked Subsidy Programme

Posted by CA Bhavik Mehta 14 February 2014 13393 Views

PRIME MINISTERS EMPLOYMENT GENERATION PROGRAMME (PMEGP) The Prime Ministers Employment Generation Programme (PMEGP) is the result of the merger of two schemes - Prime Ministers Rojgar Yojana (PMRY)

Focus on protecting transaction - Companies Act 2013

Posted by Kram 14 February 2014 14431 Views

ACCOUNTS OF COMPANIESIntroductionCompanies act, 2013 lays down the broad framework, detailed procedure is prescribed in rules covering 60%/70% of the working of the act. Companies act, 2013 has recognized the fact of term control

Tips to Avoid Corruption: Indirect Taxes

Posted by Madhukar N Hiregange 14 February 2014 12479 Views

The last decade has seen the move towards usage of technology by the tax authorities and the traditional examination of statutory records has been gradually fading away. However the corruption in the local VAT / Excise offices across India as well as

Audit By Dept. Officers- CAG- Are they legal?

Posted by Madhukar N Hiregange 13 February 2014 10918 Views

The Central Excise as well as Service Tax have been amended post liberalization to follow the self assessment scheme. It means that the return is accepted as correct. However as a check against filing incomplete, incorrect, faulty returns there are p

Service Tax Implications of Plotted Development

Posted by Madhukar N Hiregange 13 February 2014 66663 Views

In this article we would examine what would be the effect of some services activity conducted in the course of a sale of immovable property in general and development of plots in particular. Consequently the impact of service tax. We also examine th

Technology in CA Education, E-Learning, Satellite Learning, Social Networking sites

Posted by Rishabh Ahuja 13 February 2014 15730 Views

Education is not just a word, its a base for everything that makes a person successful, from a daily labourer to the president of the country, everything is based on education. And therefore it is very important that it flows via proper medium