CAclubindia Articles
Strength of Character
The distinguished economist, the late Nani Palkhivala, with respect to Vedic Society, said that, "Citizens were ranked in the society not by wealth or power but by the virtue and character they possessed." To illust
Short Note on Issue of Foreign Currency Exchangeable Bonds (FCEBs)
INTRODUCTIONS Traditionally, overseas acquisitions were being funded through a verity of sources such as drawl of Foreign Exchange in India, Capitalization of Exp
TDS on Transfer of property
TDS on Transfer of property- a bombshell In order to ensure that the real estate transactions come within the tax net, the Finance Bill presented along with the Budget 2012 proposes to insert new section 194LAA with effect from 01.10.2012 providin
High Time We Fix Our Judicial System
In world ranking on Ease-Of-Doing-Business in India, India ranks absolutely at the bottom of the world on the criterion of contract enforceability (in fact, last but one, with Latvia taking these honours). Late Palkhiwala used to describe India as
Hope, Joy and Optimism
This article is all about motivation and inspirations. This is just a bunch of noble thoughts. You can change your destiny by changing your thoughts. If you think high and positive and you are also hard working, struggler and consistent then nobody
Bank Branch Statutory Audit Odd Man Concept
Bank Branch Statutory Audit ODD MAN CONCEPT.
CA Final Exam Tips from the interview of Topper Pawan Sarda
Dear CCI Members, Please find below some useful Exam tips I have extracted from the Interview of Mr. Pawan Sarda, 2nd Rank Holder, CA Final Course, with the Admin of Caclubindia. As per my own understanding these tips are truly wonderful and full
TDS on Remuneration Paid to Directors
TDS ON REMUNERATION PAID TO DIRECTORS u/s 194J(1)(ba) of INCOME TAX ACT,1961 Budget 2012 inserted a New clause 1 (ba) in Section 194 J which mandates TDS @ 10 % on any remuneration paid to Directors of a company. This clause will be effective
Financial Statement Analysis & Interpretation - Part I
Financial Statement Includes: Trading & Profit & Loss Account; which gives the result of years working. Profit & Loss Appropriation Account; which gives
Impact of Budget on Common Public
We, the common people had lots of expectations from the Budget 2012-13 in terms of more income tax exemption, more deductions in income tax & control of inflations. But the actual picture is far away from our expectations. Obviously common man
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