CAclubindia Articles

TDS on Transfer of property

Dilip K Raina 26 March 2012 at 18:29

TDS on Transfer of property- a bombshell In order to ensure that the real estate transactions come within the tax net, the Finance Bill presented along with the Budget 2012 proposes to insert new section 194LAA with effect from 01.10.2012 providin

CA Final Exam Tips from the interview of Topper Pawan Sarda

Ankur Garg 26 March 2012 at 14:52

Dear CCI Members, Please find below some useful Exam tips I have extracted from the Interview of Mr. Pawan Sarda, 2nd Rank Holder, CA Final Course, with the Admin of Caclubindia. As per my own understanding these tips are truly wonderful and full

Bank Branch Statutory Audit Odd Man Concept

CA Satish Badve 26 March 2012 at 14:51

Bank Branch Statutory Audit ODD MAN CONCEPT.

Learning for CA Students from Sachin Tendulkar Career

Naveen Chand Khulve 24 March 2012 at 15:17

Recently Sachin has completed his 100th International Century which is a milestone for him and every batsman wants to achieve that. Sachin get this achievement after 22 years which is not easy for any person to play such long time with consistency.

Note on Foreign Direct Investment in India

Ajay Mishra 24 March 2012 at 15:17

INTRODUCTION One remarkable feature of the contemporary world has been the proliferation of private capital flow in the form of foreign direct investment

Advance Pricing Agreements

Tarun M Guntanur 24 March 2012 at 15:16

Backdrop of APA introduction As widely reported, the conclusion of latest transfer pricing audits by Indian revenue authorities witnessed aggregate income adjustments to the tune of Rs 44,000 crore for one year alone, which is more than the aggr

Impact of Budget on Common Public

CA Prasenjit 24 March 2012 at 15:16

We, the common people had lots of expectations from the Budget 2012-13 in terms of more income tax exemption, more deductions in income tax & control of inflations. But the actual picture is far away from our expectations. Obviously common man

Financial Statement Analysis & Interpretation - Part I

CA. Aryendra 24 March 2012 at 15:16

Financial Statement Includes: Trading & Profit & Loss Account; which gives the result of years working. Profit & Loss Appropriation Account; which gives

TDS on Remuneration Paid to Directors

G S Rao 24 March 2012 at 15:05

TDS ON REMUNERATION PAID TO DIRECTORS u/s 194J(1)(ba) of INCOME TAX ACT,1961 Budget 2012 inserted a New clause 1 (ba) in Section 194 J which mandates TDS @ 10 % on any remuneration paid to Directors of a company. This clause will be effective

Deduction under 80 CCF discontinued

Tapas Ruparelia 23 March 2012 at 15:06

‎80 CCF DISCONTINUED:- Investments made in infrastructure will no longer be allowed as deduction from the Total income u/s 80CCF i.e. over and the above the deduction u/s 80C, the additional deduction of Rs. 20000 is discontinued from next fisc