CAclubindia Articles

Critical Analysis of Section 201(1A) of Income Tax Act

CA Mudit Agarwal PGDFM,MCP,IFR 26 December 2011 at 11:32

In section 201 of the Income-tax Act, for sub-section (1A), the following sub-section shall be substituted with effect from the 1st day of July, 2010, namely: (1A) Without prejudice to the provisions of sub-section (1), if any such p

Why Isn't My Money Growing?

Prof. Bajaj 26 December 2011 at 11:32

This is ridiculous !! I have been saving and investing since last 10 years now. Still the growth I can see in my money is not even peanuts!! said Anurag Srivastav, a 37 year old Senior Executive working with a renowned FMCG Company.

Modus operandi for success

Tony John 26 December 2011 at 11:31

Hai all, To become successful is everybody's dream. Dreaming wouldn't cost anything and thats why it has been said that "If dreams were horses, even beggars would ride it." But doing what ought to be done at the right time is what

Position of Chartered Accountants under Companies Bill, 2011

RG - A Helping Hand 26 December 2011 at 11:31

Dear All, In my earlier post I have described the position of Company Secretaries in the Companies Bill, 2011 and promised you to write something about position and interests of Chartered Accountants in the Companies Bill, 2011. Before starting

Amendments in Companies Bill 2011

Akhil Banthiya 23 December 2011 at 12:23

Companies bills 2011 Whats new? Following has been introduced in the new companys bill 2011 Provision for e-governance. Participation of directors and shareholders through video conferencing is allowed in general meeting

Position of Company Secretary under Companies Bill 2011

RG - A Helping Hand 23 December 2011 at 12:23

Dear All, We are aware about the introduction of Companies Bill, 2011 in the Loksabha on 14th December, 2011. A simple effort has been made from my side to analyze the Companies Bill, 2011, keeping in view the career interests of Company Secretari

How to get out and stay out of debt?

Ramalingam K 23 December 2011 at 12:23

In spite of steady, regular income there are so many individuals who live paycheque to paycheque, carry their credit card outstanding, and fail to save anything for retirement. If you are one of them, now is the right time to take action to come out

Understanding section 28 with latest case laws

Manish Kumar Agarwal 23 December 2011 at 12:23

The usage of section 28 to justify any expenditure or loss is rarely found. We try to substantiate the same under section 36 or 37 and sometimes not able to get the deduction due to limitations and conditions laid down in that section. Thats

DTC not Tabled - Indian Slowdown

Indraneel Sen Gupta 22 December 2011 at 17:28

The much awaited Direct tax code is being delayed further as the chances of Parliaments standing committee on finance submitting its report on the Bill in the ongoing Winter Session, which concludes on December 23, are bleak. With barely

Exemption From ITR Filing : A Mirage ?

Prof. Bajaj 21 December 2011 at 11:26

Phew !! Thank God (and thanks to Pranav Babu) I dont have to file ITR this year. It is such a painful process, Said Ajay Dixit, a 27 year old BPO Executive to his friend Kapil. And how did you arrive at this conclusion,