CAclubindia Articles

Intellectual Property

CA CMA CS Ram Pavan Kumar Melam 19 January 2011 at 11:47

Intellectual propertyIntellectual property refers to creations of the mind: inventions, literary and artistic works, and symbols, names, and images used in commerce. Intellectual property is divided into two categories:1) Industrial Property inc

Infrastructure Bonds : whether worth to Invest ?

CMA. Subhash Kumar Jha 19 January 2011 at 11:46

Infrastructure Bonds : whether worth to Invest ? After the additional Rs. 20000 investment in Infrastructure Bonds are allowed as deduction under Section 80C, above the cap of Rs. 100,000/-, suddenly the tax payers see it as a brighter option to

Service Tax On Software

Bhaskaran Chackrapani Warrier 18 January 2011 at 12:29

The Finance Act, 2008 has imposed service tax on the services relating to information technology software. The statutory definition of information technology is given in section 65(53a) of the said act which reads as under:-Information technology

On the way to Pinnacle(CA)

CA S.SAIRAM 18 January 2011 at 11:10

Pinnacle is the handy term to symbolise the peak moments of our life, be it happiness or melancholy. Literally that we know, a pinnacle is a structure with a pointed top and one cannot manage hanging there at the top edge for hardly even a minute or

Winding up of companies

CA CMA CS Ram Pavan Kumar Melam 18 January 2011 at 11:10

MEANING OF WINDING UP Winding up or liquidation of a company represents the last stage in its life. It means a proceeding by which a company is dissolved. The assets of the company are disposed of, the debts are paid off out of the realised asse

Defective Return

CA CMA CS Ram Pavan Kumar Melam 18 January 2011 at 11:06

As per Section 139(9) where the Assessing Officer considers that the return of income furnished by the assessee is defective, he may intimate the defect to the assessee and give

Ascertaining 'Oppression' under section 397 of Companies Act

Durga Rao 18 January 2011 at 11:05

The study of various judgments of High Court and Supreme Court under section 397/398 of Companies Act, 1956 speak volumes about the complications in dealing with the cases of oppression and mismanagement under section 397/398 of Comp

Unreliable Reliability

richa sehgal 18 January 2011 at 11:05

There is risk of loosing SAVING, so I do INVESTMENT There is risk of loosing INVESTMENT, so I RELY ON YOU.

Career opportunities in Costing

CMA Ramesh Krishnan 18 January 2011 at 11:01

Career opportunities in Costing Introduction: In present Indian Scenario Costing is very challenging & bright career option in the field of Accounts. According to the section 209 (1) (d) of the companies act, 1956, provides that in case of Comp

Tax deduction from Works contracts to be on taxable turnover

Amit Bajaj 17 January 2011 at 11:24

Tax deduction from Works contracts only to be on the taxable turnover Almost all States under their respective VAT laws have made provisions for deduction of VAT from payment to be made to the works contractors at the time of the payment (popula