CAclubindia Articles

Note on deduction u/s. 80HH to 80TT and Limit u/s. 80AB

Posted by Deepak Agrawal 08 January 2013 35165 Views

Note on Allowability of deduction u/s. 80HH to 80TT of the Act to the extent of Gross Total Income in light of provision of section 80AB and determined Judicial Pronouncements: 1.1 Section 80AB of the Act: Deductions to be made with re

Tax saving tips for the new year 2013

Posted by CA Roopak Singh 08 January 2013 62194 Views

First of all Happy New Year to the readers and happy new tax benefits. 1. Every Family member to be an assessee: Every family member should be an income tax assessee to avoid clubbing provisions and avoid the gifting complications. 2. Prepare

Point of Taxation Rules,2011 with recent amendements

Posted by Kaushik Vinod 07 January 2013 134146 Views

BACKGROUND OF RULES I will start my article with the wordings of Finance Minister while presenting the Budget proposal for the financial year 2011-12, the Finance minister said that in order to achieve a closer fit between the present servi

Proliferation of Black (Dirty) Money

Posted by R. Sudarshan Bala 07 January 2013 13150 Views

PROLIFERATION OF BLACK MONEY THE EVIL MOTIVE: From the olden days where the barter system prevailed till the phenomenal phase of technology today, from small traders and merchants to the CEOs of vast business empires, there has always bee

A Review on Independent Directors

Posted by CS M.Kurtrala Nathan 07 January 2013 18958 Views

A Review on Independent Directors Independent Director- Definition- Clause -149 (6) An independent director in relation to a company, means a director other than a managing director or a whole-time director or a nominee director, (a) who

Hedge Accounting for Foreign Currency Firm Commitments

Posted by Sanjay Chauhan (IFRS) 07 January 2013 33080 Views

In Continuation of my previous article.. Application of AS 30 under existing Indian GAAP as per ICAIs announcement: ICAI wide its circular dated 11th February 2011, has clarified that in respect of the financial statements or other financial

ESIC in detail

Posted by @VaibhavJ 24 June 2020 152837 Views

Employee State Insurance (ESIC) Act, 1948 Objective The Employees State Insurance Act, ESI Act for short, was enacted by the Government of India in 1948. The major objective of the Act was to provide certain benefits to employees in ca

Cost Audit Compliance

Posted by Rajat Poddar 05 January 2013 68023 Views

Companies (Cost Accounting Records and Compliance) Rules, 2011 In respect of Companies engaged in production, procession, manufacturing or mining activity, and falls any one of the following category: Net Worth of Rs. 5 Crores or more; Turno

Life after CA

Posted by CA Priyank Singhi 05 January 2013 96490 Views

The day I became a Chartered Accountant, was undoubtedly the best day of my life. More than me though, I guess my parents and family members were thrilled. The most important dream at that stage of my career had been fulfilled. DREAMS DO COME TRUE

Enormous Opportunities of Employment?

Posted by Durga Rao 05 January 2013 16347 Views

Students pursuing courses like MBA, CS, CA etc. do know that they have enormous employment opportunities in India. Chartered Accountants (CA), Companies Secretaries(CS), Industrial Bodies/Associations, ICSI & ICAI do concentrate much on enligh