CAclubindia Articles

Provisions of section 40(b) of Income Tax Act 1961

Amit Bajaj 10 February 2011 at 11:38

Section 40(b) of Income Tax Act places some restrictions and conditions on the deductions of expenses available to an assessee assessable as a partnership firm in relation to the remuneration and interest payable to the partners of such firm. The ded

Investing With Small Amount of Money

Vishal 09 February 2011 at 14:12

The best way to save your money is in the form of investment. Best part is that you do not require lots money to invest. Even if your earning is low then also you can make small investments. In the past one require lot money available in order to ma

Professional and Students - Let us ACT before it REACTS

CMA Raveendranath 09 February 2011 at 14:10

First, I would like to congratulate CAClubIndia for successfully getting towards it half a million professionals and prospect future professional (students community) under one forum. I thought of sharing with our colleagues one of the impo

An Auditor for 60 years

Arijit Ghose 07 February 2011 at 11:18

Though a conversation of about 7 minutes does not merit a detailed article, I thought it would be appropriate to jot and share a few lines about an interesting acquaintance and small conversation I had a couple of days earlier. I have a certain

Quotes for road to success in CA !!

CS LLB Pulkit Gupta 07 February 2011 at 11:14

Quotes for Introduction - Well this is exactly the time when I s'd have got my PCC result but thanks to ICAI that we have to wait for another 3 Days. I pray to God that whatever is going on it s'd bring che

Books of Account - allegations of mismanagement?

Durga Rao 07 February 2011 at 11:13

Despite the clear regulations in the Companies Act, 1956 as to how every Company should record its transactions, maintain books of account and should submit the approved Financial Statements with the ROC, financial transactions in some closely hel

FAQ on Section 80C of Income tax Act (Part 1)

CMA Ramesh Krishnan 07 February 2011 at 11:12

Frequently asked questions on Section 80C (Part-1) Introduction: Under Income tax act Section 80C is important section and need to be known by every tax payer. The reason behind this knowledge about this section will save you income tax & secure

Qualities of an Achiever

CMA Ramesh Krishnan 05 February 2011 at 12:11

Introduction: In every one life achieving something is always awesome and involves several difficulties. Based on our capacity & talent we are trying to achieve our own target, but some of us only reaching the aimed target.

Pass CA/CWA/CS Exams without Fear and Tears - Part 1

CMA Raveendranath 04 February 2011 at 13:05

Its again exam time, many of you are busy with preparation and still some are busy planning to start up their studies. After being in association with professional institutes in different engagements and watching the performance of students very

You think you can't write

Resham 04 February 2011 at 13:05

"If you cannot write well, you cannot think well; if you cannot think well, others will do your thinking for you." Oscar Wilde Just imagine.. You have your desk ready with the tits and bits of information you need&hellip