CAclubindia Articles


Future of Form 26AS

Posted by Vignesh Killur pro badge 27 February 2012 17603 Views

Hi Everyone! What will FORM 26AS appear like in Future? At Present it is a TAX CREDIT STATEMENT meaning it displays the taxes paid by us like Advance Tax, Self Assessment Tax and Particulars of TDS made by others on our behalf. But what if it was



Understanding LLPs Better

Posted by Tony John 27 February 2012 8735 Views

The Limited Liability Partnership (LLP) is viewed as an alternative corporate business vehicle that provides the benefits of limited liability but allows its members the flexibility of organizing their internal structure as a partnership based on



Old Schedule VI vs Revised Schedule VI - Related issues

Posted by G S Rao 27 February 2012 77142 Views

Old Schedule VI Vs Revised Schedule VI Related issues Introduction: Section 211 provides that every balance sheet of a company shall give a true and fair view of the state of affairs of the company as at the end of the financial year and



New tax slabs expected in Budget 2012 by CA Sudhir Halakhandi

Posted by CA Sudhir Halakhandi 25 February 2012 21748 Views

The most interesting part of the Budget-2012 is going to be the Limit for Individual Taxation and there is a hope for individual Taxpayers to get a very good response in this respect from the Finance Minister Mr. Pranab Mukharjee. This aspect of the



All about Company

Posted by MAHESH KUMAR 27 February 2012 18280 Views

Steps to Register a new Company Do you want to start an Indian Company? To register a company, you need to first apply for a Director Identification Number (DIN) which can be done by filing eForm for acquiring the DIN. You would then need to acq



Smart thinking rather than hard thinking

Posted by pravallika reddy 29 February 2012 19545 Views

Hi friends, I am pursuing CA final.I am feeling so happy to write article in our CA club. Actually,everyone have their own thoughts however those thoughts might be spoil our life.Here I would like say about my thoughts .Our life is very be



Reconciliation in professional life

Posted by CA PARAS BAFNA 26 February 2012 10726 Views

BRS ( BRS is used for Bank Reconciliation Statement. However; see how CAs utilize this concept in their professional life ). Scene 1. . Seminar on Bank Audit ( Lunch-Break ). . Mr. Sen and Mr. Jain : Two practising CAs. M



Tax Invoice defined in Value Added Tax Act

Posted by Third Eye Advisory 26 February 2012 50177 Views

Tax Invoice Section 86 One of distinguishing features of VAT Act is the provision for Tax Invoice. There can be two types of sale invoice; Tax Invoice and other than Tax Invoice; i.e., bills, normal in



Suggestions to control black money

Posted by ramesh 26 February 2012 33280 Views

How to control black money:- 1. Ensure that even petty shop people deposit their cash sales in to a bank account (account opening should be simple & easier) 2. Integrate sub registrar office, sales tax and service tax departme



Corruption beneficial to professionals?

Posted by CS Nadeem Ahmed Siddique 24 February 2012 8755 Views

Corruption a buzzword in todays society has found its place on every tongue, but is rather bitter in taste. Each day corruption is striking hard on the economy, some social activists are trying to curve the corruption but the fa




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