CAclubindia Articles

Nothing succeeds like success

Posted by T.R.Radhakrishnan 16 May 2012 57133 Views

Nothing succeeds like success - is the old saying. World recognizes, respects, and rewards successful people. George Bernard Shaw said, Ordinary people adapt themselves to the world. The extra-ordinary person tries to adapt the world to him

Constitutional provisions relating to taxation

Posted by Amit Bajaj 15 May 2012 54920 Views

Constitution is the foundation and source of powers to legislate all laws in India. Parliament, as well as State Legislatures gets the power to legislate various laws from the Constitution only and therefore every law has to be within the vires of t

Point of Taxation Rules - Applicability of New or Old rate of Service Tax

Posted by Bimal Jain 15 May 2012 65177 Views

Point of Taxation Rules - Clarification is New Fad for CBEC CENTRAL Board of Excise and Customs (CBEC) has issued clarification vides Circular No. 158/9/ 2012ST dated. 8th May, 2012 on the rate of service tax applicable w

Believe in Yourself

Posted by Amol Gopal Kabra (CA,CS,DISA) 15 May 2012 22907 Views

There is an old maxim which says, God helps those who help themselves. It means that God, the super natural power favors only them who are ready to help themselves. Those who just wait and watch for letting things happen automatica

Right of members to Copies of Balance sheet, etc u/s 219

Posted by G S Rao 14 May 2012 141015 Views

Introduction Section 219 of the Companies Act, 1956 gives an important right, to members, trustees of debenture holders, certain other persons although they are not members, to receive copies of balance sheet and other documents legally required t

XBRL: Cost Compliance Report and Cost Audit Report

Posted by CMA Navneet Kr Jain 14 May 2012 37377 Views

Cost Records Compliance Report and Cost Audit Report to be filed in XBRL Language MCAs Initiative to integrate Financial and Costing Reports MCA has issued a circular No. 8/2012 on 10 May 20

Quit or not Quit?

Posted by CA Sourabh Agarwal 14 May 2012 33877 Views

I got this idea by reading a quotation which goes like this: DONT QUIT YOU ARE ALREADY IN PAIN. YOU ARE ALREADY HURT. GET A REWARD FROM IT. And when I gave it a thought, I found that every motivational quote certainly revolves around the conc

Value of CA Services

Posted by Amol Gopal Kabra (CA,CS,DISA) 14 May 2012 23435 Views

Earlier, I have written various articles relating to students. This is my first article keeping in mind Chartered Accountants in Practice. This article also applies to any professional providing services in the form of practice. However, I am writ

Research on Study Pattern of Practical Subjects

Posted by CA SURENDRA KUMAR RAKHECHA 10 May 2012 33463 Views

The first paper of Accountancy clean bolds most of the students in CA Final.(Read my Article: 6 months in waste; now invest at CAclub).The reason:The paper was too length

Compulsory Convertible Instruments under Revised Schedule VI

Posted by Sanjay Chauhan (IFRS) 10 May 2012 37078 Views

Facts of the case Indian Entities have issued Foreign Currency Compulsory Convertible Bonds / Compulsory convertible debentures. How should the same be classified under revised Schedule VI? Revised Schedule VI Excerpt from Guidance