CAclubindia Articles

Income Tax Return

K Karma 24 June 2010 at 12:44

Most of the individuals who earn enough money are generally required to give part of it back to the government, through the usual way of filling out an income tax return. They then send the necessary portion of their income to the government. But it

DTC Revised Discussion Paper - Issues, Concerns & Responses

Rahul Gupta 24 June 2010 at 10:54

On 15.06.2010, CBDT released Revised Discussion Paper on DTC. It covers 11 points on which comments were received after the release of Draft DTC provisions in August 2009. Through this article, I just try to explain the points covered by the Revi

When will the buying opportunity come?

Equitymaster 24 June 2010 at 10:53

Indian investors have to contend with two conflicting set of facts right now. Let us take them one by one. First is the bailout package that the leaders of the developed world used after the global financial meltdown. Basically, the governments ha

Chinese Yuan Appreciation

CA SivaPriya V L Tenneti 24 June 2010 at 10:52

TO BEGIN WITH: On 20th June 2010, China announced that it will take steps to let its currency Yuan appreciate against US dollar ending its fixed rate regime. People’s Bank of China came up with a statement the next day saying that China will no

Service tax wrongly levied on Interest/Finance charges

Seetharaman K C 24 June 2010 at 10:52

It has come to my notice that several banks are charging service tax on interest and finance charges on credit card payments. In certain cases although the nomenclature is clearly mentioned as “Interest” still the bank has charged servic

Guideline to become CA

CA.ViVeK M ACA 24 June 2010 at 10:52

Have you ever dreamed the day you becoming a Chartered Accountant and settling in your life? In this connec

Sequence to Uniqueness for Associated Enterprises

Pradeep Jain 23 June 2010 at 11:42

Prepared By:CA Pradeep Jain,CA Ridhi Anchalia andSukhvinder Kaur, LLB [FYIC]Introduction: - Every Finance Act brings with it some new services under the purview of the Service Tax. The Associated Enterprises were also a part of those services that we

The True Picture of DTC

CA Sudhir Halakhandi 22 June 2010 at 11:18

The direct tax code was released in Aug 2009 and it was declared at that time it will replace the more than half century old Income tax Act, 1961 in a New and polished way with simple and understandable language and professional way. The main thrust

CAclubindia is not the best !!!

CA CS CIMA Prakash Somani 22 June 2010 at 11:14

I know you will be pretty much shocked of what I am saying even after being into Top member here. I want to say it’s not best but the best out of the best. The reasons are obvious and various. I can not point out every reason here but I would s

Is the only way to get a great house, car, wife etc is to do CA

Krunal Raichura 21 June 2010 at 13:12

Hello Everybody, Off late I have observed that many students have a frame of mind that works like this – · To earn …. You have to do …. Course· You cannot earn ….. without doing …. Cours