CAclubindia Articles

Analysis of Point of Taxation Rules, 2011 along with examples

PUNEET GOYAL 17 January 2012 at 12:19

ANALYSIS OF POINT OF TAXATION RULES, 2011 ALONGWITH SUITABLE EXAMPLES As we all are aware that earlier service tax was payable on receipt of payment in respect of taxable services provided. But with the introduction of Point of taxation Rules, 20

Peak Credit and telescoping theories under income tax

Amit Bajaj 17 January 2012 at 12:19

There may be some cases under Income Tax Assessment proceedings where there are a large number of unexplained credit and debit enteries of a person standing in books of account of an assessee. In such case the AO may tend to add all the aggre

Internal Procedures for Prevention of Insider Trading

Manikanta Raju CA,CWA,(CS) 17 January 2012 at 12:18

To start with -An insider is a person who has access to the price sensitive information of the company. Trading (Selling or purchasing of shares) the stocks of the company directly (by himself) or indirectly (through connected persons) based on this

Challenges in Finalization of Accounts for the year 2011-12

CMA Navneet Kr Jain 17 January 2012 at 12:18

Challenges in Finalization of Accounts for the year 2011-12 post new Cost Accounting Records Rules By Navneet Kumar Jain FICWA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA Ministry of Corporate Affairs has done a remarkable job for the indus

Life at CCI, before and after being Featured Part-II

Sourav Banerjee MA,MSW 16 January 2012 at 12:23

Continued from http://www.caclubindia.com/forum/life-at-cci-before-and-after-being-featured-183203.asp *** Ive a much bigger family than what you think. And its gro

Why is Insurance Mis-Sold in India?

Prof. Bajaj 16 January 2012 at 12:23

Come on !! If you are a really good friend of mine, you ought to buy a life insurance policy from me Sounds Familiar ?? How many times we keep hearing this argument from a close friend (?) or a relative to buy an insurance policy fro

Human Resource Accounting

CA Prashant Gupta 16 January 2012 at 12:23

Human resource are the greatest assets of any company. You can raise tariffs or prevent MNCs from entering, but you cannot stop employees from leaving if they are unsatisfied.

A Personal Finance Checklist for Newlyweds

Ramalingam K 16 January 2012 at 12:23

Getting married is one of the most important events in your life. There is so much to considerthe flowers, the jewel, the dress, the venue, the photographythe list goes on. Once you are back from the honeymoon, the daily life of marria

Depreciation allowable deduction from works contract

Amit Bajaj 13 January 2012 at 12:35

There are two components in every works contract one is material component and other is labour component. Material incorporated in a works contract is considered as deemed sales to the contractee and hence is liable to VAT or sales t

Time-Time ki Baat hai : Part-I

Prof. Bajaj 13 January 2012 at 12:35

I have seen the world Son!! Not for nothing I have these gray hair said Mr. Anand Desai, 56 Years old businessman to his son Niraj Desai, 28 years old professional working with a leading IT company. No Dad, I am also a post-gra