CAclubindia Articles

TDS Changes in Income Tax Rules (6th Amendment) 2010

Krishan 07 June 2010 at 12:08

A change again… One by one now it’s a 6th amendment to the Income Tax Rules, 2010 as notified on 31st May 2010 What a power to the government under section 295 of the Act…. On 18th February 2010 it was their first amendment a

Looking Behind...

CA. Dashrath Maheshwari 05 June 2010 at 16:22

It was a furious day of CA Final Result declaration, he knew that his attempt was far better than earlier attempt but still his heart was beating at a speed alike bullet train.

Peer Review documentation-Auditees prespective

CA Umesh Sharma 04 June 2010 at 16:16

Documentation by PU for peer review process The Peer Review Statement does not lay down any requirement for maintaining documents by the practicing unit. However, Standard on Auditing (SA) -230 “Documentation” which is mandatory from 1s

Drafting an Effective Opinion

Madhukar N Hiregange 04 June 2010 at 13:13

DRAFTING AN EFFECTIVE OPINION By Madhukar N Hiregange

A trillion dollar smile

Indraneel Sen Gupta 04 June 2010 at 13:06

Can any economist or any financial guru from the world forum can explain that how many times the trillion and billion dollars will be used to buy the defaults.We spent trillion dollars tax savers money to Buy Smile on the face of world financial ma

COST MANAGEMENT at R&D

Indraneel Sen Gupta 04 June 2010 at 13:02

Research and development is one of the key to future of any field. Discovery of the fire was also a part of research and development which started from the ancient times. When we raise the word R&D, we often think and get the meaning that it re

TDS Rule Amendments

Kapil Nayyar 04 June 2010 at 12:57

By Kapil Nayyar and Neha Srivastava Nayyar Maniar & Associates AMENDMENT IN TDS RULES A. INTRODUCTION The Central Board of Direct Taxes (CBDT) has amended the rules relating to Tax Deducted At Source (TDS) vide Notification No. 4

Systems of Taxing income - An Overview

taxindiaconnect 03 June 2010 at 13:24

The Hon’ble Mumbai Branch of ITAT ( The ITAT Mumbai) in the case of Ashapura Minichem Limited VS Assistant Director of Income Tax Mumbai has analyzed the various concepts / principle of determining the taxation of income prevailing worldwide.

Conversion of a Public Company into a Private Company

Ankur Garg 03 June 2010 at 11:40

Section 31 plays an important role during conversion of a public company into a private company.

Valuation of Campus Placements

Indraneel Sen Gupta 03 June 2010 at 11:39

The final bell rang for the campus placements in all the top MBA institutes of India. Companies across the globe jumped off with their leather bags filled with lucrative offers. I remember in 2006 and 2007 (I read this in a newspaper) that many stud