CAclubindia Articles


5 Mistakes to avoid while filing your IT Returns!

Posted by Prof. Bajaj 13 July 2012 55724 Views

And now its that month of the year, when the running around starts for IT returns filing. With the advent of technology, and the initiatives taken by Income-Tax department, hopefully we will not see long queues in the Income Tax Office, for ITR fi



High Courts & Lower Courts & few issues?

Posted by Durga Rao 13 July 2012 15156 Views

Citizens very often complain about our legal system and as to how the Courts are functioning in this country. People having experience with Courts will explain in detail as to how our system functions. Unless one is a habitual litigant misusing th



Managing Director - An Overview

Posted by CMA. CS. Sanjay Gupta 12 July 2012 218233 Views

Managing Director An Overview Definition of Managing Director According to the definition given in Section 2(26) of the Companies Act, 1956:- "Managing Director" means a director who, by virtue of an agreement wit



Lengthy Question Paper or Lengthy Answers

Posted by CA Suraj Lakhotia 12 July 2012 31659 Views

Wish I had some more time.. The paper was very very lengthy. How can one complete so many questions in three hours time? I knew the answer, wish I had some more time. This question was short; I should have att



Indian Legal System - Problems may not end soon?

Posted by Durga Rao 12 July 2012 23621 Views

A good legal system represents good governance in the Country. We may say that India is a vibrant democracy and we may further proudly say that Indian society reflects Unity in Diversity. There are critics of democracy and they show



Service Tax on Renting

Posted by Deepak Gupta 10 July 2012 56041 Views

Chronological legal history of provisions relating to service tax on renting of immovable propertyA. 01.06.2007 by Finance Act, 2007Section 65 (90a)Renting of Immovable Property includes renting, letting, leasing, licensing, or other similar arrangem



Enhance your communication skills

Posted by Deepak kumar sharma 10 July 2012 28825 Views

Effective Communication is a great art. It is more important for the people engaged in business and professional services. They need to improve their communication skills from time to time. Professional and business organizations are always looking



Point of Taxation

Posted by PUNEET GOYAL 10 July 2012 78833 Views

Service tax will be paid on accrual basis except in certain specified cases. 1. Earlier service tax was payable on receipt of payment in respect of taxable services provided.



New Takeover Code: Disclosure Requirement

Posted by CS Ankur Srivastava 10 July 2012 44226 Views

SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 Gist of: Acquisition of Shares and Disclosure Requirement Substantial Acquisition of Shares, Voting Rights or Control Acquisition: Acqu



Chartered Accountants in Investment Banking

Posted by Vivek Krishnamoorthy 10 July 2012 32133 Views

Morgan Stanley offers $200,000 to IIM student for Investment Banking role! One often reads such lines in newspapers. What is Investment Banking (familiarly called I-banking), and why is it so hot? Lots o




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