CAclubindia Articles

Immoral/Illegal/Against public policy-yet taxable or tax deductible in India

Posted by ANANDH SUNDAR 24 February 2012 7472 Views

During my study of both direct tax and indirect tax law, I saw quite a few instances where although the activity in question was illegal or prohibited, that fact was not considered for the purpose of tax law. That does seem a bit strange that tax la

Accounting Frauds

Posted by Vijay Kalia 24 February 2012 20898 Views

MANIPULATIONS THROUGH ACCOUNTING AND FRAUDS: Introduction: India figures amongst the top nations so far as stashing the black money abroad is concerned. It is estimated that one fifth of our GDP is there running parallel in the economy which transl

Positiveness - A way of life (Part I)

Posted by nitin suvarna 24 February 2012 12649 Views

Hello friends, this is my first article for CCI. I had been wishing & wanting to write one so here I am writing it. Before registering for CA course ,I had heard so many things about it( difficult one ,little expensive ,need to be smart &

Beware of your Banker!

Posted by Prof. Bajaj 23 February 2012 12320 Views

Welcome Mr. Mehta, What can do I for you ? said Jenny, a relationship manager working with a leading private sector bank, to the bank customer Mr. Mehta, who himself is a tax consultant. I just wanted to deposit these cheques

Bring out your potentials,win the race

Posted by Vijayalakshmi.K 23 February 2012 7571 Views

From my school days, I am a average students, after I follow these things, my capacity to study was enhanced very well. 1) Select a regular place and concentrate fully and study. 2) Whatever you study, give 5 to 10min relaxation for every 1 hour. 3

Words of Loser

Posted by Krish 23 February 2012 10951 Views

What do you think? CA is difficult or not? Obviously either your answer will be Yes, if you are fed up with attempts to try again & again or may be No if you have cleared your attempt in 1st attemp

FAQ / Oltas / e-TAX Payment

Posted by Guest 22 February 2012 24062 Views

What is e-payment of taxes? This is a facility provided to the taxpayers to make income tax payments through internet, using net-banking facility. How can I use this facility to pay income tax? You can use the facility if - a) You have a bank ac

Stuck with a wrong Policy? Get over it!

Posted by Prof. Bajaj 21 February 2012 8940 Views

Where were you all these days? Why didnt you come when I was making all these mistakes ?? asked Dr. Rajesh Sharma, a 32 year old surgeon, sitting on a sofa in his drawing room. Mrs. Ragini Sharma, his wife, came rushing out to

Foreign Contribution Regulation Act 2010 - Critical Issues

Posted by Yogesh Agarwal 21 February 2012 20180 Views

The Foreign Contribution Regulation Act 1976 is repealed with the enactment of Foreign Contribution Regulation Act 2010 (FCRA 2010). The new FCRA 2010 imposes restrictions on investment in Mutual Funds. The restriction is imposed by virtue of sect

School to college

Posted by Manjunath M Panchaxarimath 20 February 2012 9449 Views

SCHOOL TO COLLEGE There were three friends named Narendra, Neeladri and Suryakant; they pass out from SSLC and join a commerce college for Pre University Education. All three were very good and close friends. They had an aim of pursuing a higher cour