CAclubindia Articles

Understanding Dis-allowance Under Section 40 of Income Tax Act, 1961 with Latest Case Laws

Manish Kumar Agarwal 05 December 2011 at 16:56

Now a days, assesses are facing number of disallowance under various clauses of section 40 of the act by the Income tax officials. These issues were handled with due care at the time of the assessment itself so that in the case of forc

6 Financial Planning Misconceptions Demystified

Ramalingam K 02 December 2011 at 11:16

Lets start the useful exercise: Finance may mean different things for different people. Some assume that they need no financial planning as they have very little finances. Still others believe that once they have invested their savings for f

S&P ESG India Index - The success of socially responsible investing

ANANDH SUNDAR 02 December 2011 at 11:12

The above graph says it all. After a 15month hiccup from its Jan-08 launch(where it performed same as other indices), it broke away in Apr-09, and has not looked back since. A nearly 2.5yr track record of out-performance is not a joke. Now, one ma

Something about CWA, CFA, CPA

Guest 02 December 2011 at 11:12

Lets take a look at some of the finance courses that can provide professional leverage to the existing and new employees and help them upgrade their skills. Lets take a look at some of the finance courses that can provide professio

Being a cost accountant

Guest 30 November 2011 at 12:58

The lowdown Cost accountants collect, assimilate, collate and analyse all financial information related to an organisation. Their main role is to ensure that managerial decisions are within cost prescriptions. They need to give a prognosis for pro

Taxability of VRS Compensation

CA Mandar Joshi 29 November 2011 at 13:54

Whenever any employer organisation decides to introduce a scheme of Voluntary Retirement from the service, the main issue with employees' union, apart from consensus on VRS Compensation amount, is Taxability of that amount since the amount is

Income tax Scrutiny Assessment

CA Satish Badve 29 November 2011 at 13:54

Scrutiny of the income tax return is a regular feature to find out whether the income declared in the income tax return of relevant assessment year is correct and the income tax has been paid on the same.

How to save more by spending smarter?

Ramalingam K 29 November 2011 at 13:52

The willingness and the ability to save money is the secret of building wealth. So as to save money, you need to spend less than you actually earn. Though it looks very simple when you say, it is really difficult to implement. There are plenty of wa

One-Minute Guide To Understanding - Consolidated account statement (CAS)

Guest 28 November 2011 at 13:21

I would ensure that you do not have to track the account statements of different MF schemes separately and thus would help you reduce your paperwork What am I? Unlike a normal account statement issued by a mutual fund (MF) house, which provides

Storytelling for Risk Managers

Sonia Jaspal 28 November 2011 at 13:18

When I started writing my blog "Sonia Jaspal's RIskBoard", a few writers and fellow bloggers gave me an ego deflating feedback Your posts read like research papers, you should write more stories. My reaction was