CAclubindia Articles

Understanding deductions of section 80-IA & IB

Posted by Manish Kumar Agarwal 02 July 2012 94425 Views

Chapter VIA of the Income Tax Act, 1961 covers only deductions available to assessee under section 80 of the Income tax act, 1961. The assessee by some act as mentioned can reduce its taxable under this provisions. Amongst number of sub-sections of

The need of XBRL

Posted by Pooja Kapoor 02 July 2012 24795 Views

Pooja Kapoor NRO0217151 M: 8437294700 XBRL The Need of XBRL in the Present Era has become curiostic. It is very easy to get the most exotic information by just typing some key words at an internet search engine. Investors, Stakeholders and Ana

CA - "Come Again" or "Certainly Achievable"?

Posted by Priyavarshini Jagannathan 02 July 2012 22321 Views

Chartered Accountant - "CA" - The abbreviation actually has turned up the lives of so many people from the dark, and has brought them into the light.! :) But, there still, are a handfull of aspirants who have been stuggling to face the bri

What are the consequences of Non - Filing of Returns

Posted by Amita jhunjhunwala 30 June 2012 152122 Views

Q. What is Income Tax Return Filing? Ans: Return of Income is nothing but an evidence of the income earned by a person (individual, company, LLP, AOP, BOI, and HUF etc.). It is merely mode

Non- Compliance of TDS might discontinue your business

Posted by Amita jhunjhunwala 30 June 2012 22347 Views

Opening : The entire economy of the world revolves around one universal statement Somebodys income is somebodys payment. TDS drives it origin from this unive

Last Date to Appoint Cost Auditor & Penal Provisions

Posted by Rahul Jain 28 June 2012 27109 Views

Last date for appointment of Cost Auditor for f/y 2012-13 by the Comanies is 29th June(90 days from start of f/y),before that comany has to pass the board resolution for appointment from auditor and obtain cerificates of independence and arm len

Health and Stress Management

Posted by Member (Account Deleted) 27 June 2012 30882 Views

Clouds come floating into my life, not to carry rain or usher storm, but to add color to my sunset sky. ~ Rabindranath Tagore Similarly, work and

Stock Options - Measurement, Accounting & Disclosure

Posted by Sanjay Chauhan (IFRS) 26 June 2012 34019 Views

A. Stock Options Stock Options are getting more prevalent as part of compensation package in many entities in India especially MNCs that are listed on Stock Exchanges in India and abroad, either directly or through the stock of its holding Company

Tax Compliance and Planning for Salaried Individuals

Posted by Niraj Mahajan 26 June 2012 41774 Views

This issue of the newsletter aims at creating awareness amongst salaried employees about various tax compliance and possible tax planning over the year. We are in the month of June wherein the last financial year (FY) 2011-12 has gotten over and due

Prevention of money laundering Act 2002

Posted by *RENU SINGH * 27 June 2012 27660 Views

Money Laundering Money laundering is the processing of criminal proceeds to disguise its illegal origin. Money laundering has 3 main parts: 1. Placement :- where larger amounts of money broken into small amounts 2. Layering :- Movements of fund