CAclubindia Articles

IPOs (Initial Public Offerings)

CA Anand Sarda 18 December 2009 at 19:15

IPOs (Initial Public Offerings) What is an IPO? An IPO is when a company which is presently not listed at any stock exchange makes either a fresh issue of shares or makes an offer for sale of its existing shares or both for the first time to the

Recourse available against deductiabilty of TDS u/s 194A

Manikanta Raju CA,CWA,(CS) 18 December 2009 at 18:55

This topic is relating to problems faced by General Insurance companies providing third party insurance:-In most of the cases the accident victim in road accidents are poor and road side people. They will receive money from insurance companies by way

Company Law in India - a brief

Durga Rao 18 December 2009 at 18:55

In view of the vastness of the subject, the complications and listening at many of my colleagues, I have decided to present a small brief on Companies to be formed under the provisions of Companies Act, 1956, the difference between Private

CA Articleship: How to perform well and succeed Part-I

Ankur Garg 18 December 2009 at 18:55

Dear All, Please find below few useful and simple tips in my style regarding how to perform well and accomplish something during CA Articleship. Hope these tips would be off some help during your tenure as an article assistant. This article is comple

Taxability of Goods Transport Agency

Manikanta Raju CA,CWA,(CS) 18 December 2009 at 18:54

IntroductionGTA -“This taxable service means any person who provides service in relation to transport of goods by road and issues consignment note by whatever name called”Goods Carriage –any motor vehicle constructed or adapted for

EOU and its audit procedure

Manikanta Raju CA,CWA,(CS) 18 December 2009 at 18:54

Brief introduction of Export Oriented Unit (EOU):Units undertaking to export their entire production of goods and services (except permissible sales in the DTA), may be set up under the Export Oriented Unit (EOU) for manufacture of goods, including r

A Primer on Proposed Tax System on Goods and Services

CA Pradip Shah 18 December 2009 at 18:53

A Primer on Proposed Tax System on Goods and ServicesPart-I: Basic Concept and FrameworkBy CA. Pradip R Shahe-mail: pradip@pradiprshah.com Introduction:With the release of the First Discussion Paper (FDP) by the Empowered Committee (EC) on the propo

A breif note on IT scrutiny

Manikanta Raju CA,CWA,(CS) 18 December 2009 at 18:53

The below mentioned article broadly covers all important aspects relating to scrutiny proceedings carried out u/s 143(2)/(3) of the Income Act 1961. What is a scrutiny? It is not possible to the Income Tax Department to make regular assessment of al

The Big 5 Cost Reduction Tactics

Prashant 17 December 2009 at 13:54

As we near the end of 2009 which has been a very difficult year for employers and employees alike, I am taking this opportunity to list the Five Most Commonly Used Cost Reduction Tactics for 2008 and 2009. Many businesses have applied more than one

Clarifications to issues some of the issues relating to TDS:

CA Anand Sarda 17 December 2009 at 13:51

Clarifications to issues some of the issues relating to TDS: 1) Whether capitalization of interest payable attracts TDS U/S 194A?A) Yes, Capitalization of interest payable attracts the provisions of TDS. TDS is to be made on interest payment regardl